12.20.2021

Kazakhstan’s KMG International, which owns Rompetrol Rafinare (RRC.RO) notified the Bucharest Stock Exchange that no transaction was currently in a definitive stage with any of the potential more

04.21.2021

KMG Rompetrol, the management and support division of KMG International Group, has extended its lease until the end of 2026 for offices in the City Gate compound in northern Bucharest. more

04.09.2021

Rompetrol Well Services (PTR.RO), the oil services division of Rompetrol Group, said in a stock market report Friday that it had received from KMG International NV, as its majority shareholder owing more

01.11.2021

Rompetrol Well Services (PTR.RO) said Monday in a stock market report that KMG International, which owns 73% of its share capital, requested that issues regarding the dividend policy be included in more

11.17.2020

Rompetrol majority holder KMG International, which owns the Petromidia refinery, announced Tuesday it intends to sell a range of non-core assets in Romania. more

05.22.2020

KMG International Group continued to develop its retail operations around the Black Sea in the first four months of the year by opening 12 new gas stations in Romania, Bulgaria, and Georgia. The plan more

09.05.2019

KazMunayGas International, owner of Rompetrol, could invest up to $2 billion to double the total processing capacity of the Petromidia refinery, which amounted to 5.92 million tons of raw materials in more

10.26.2018

KazMunayGas International (KMGI) and Romania's administration of state patricipations in the energy sector (SAPE), which is owned by the Ministry of Energy, on Friday signed the association agreement more

07.03.2018

KMG International, owner of Romanian oil company Rompetrol, increased its operational and financial results in the first quarter due to development in trading and retail activity related to petroleum more

04.20.2018

Rompetrol Rafinare (RRC.RO), owned by KMG International Group, said Friday it has amended and extended a multicurrency (USD, RON, EUR) revolving loan in amount of $360 million for a period of three more

11.06.2017

KMG International group (KMGI), owner of oil company Rompetrol, said in a statement on Monday that it registered record technological and financial results during the first nine months of 2017, which more

12.15.2016

The negotiations between the National Company KazMunayGas of Kazakhstan (KMG NC) and Chinese company CEFC (China Energy Company Limited) for the transaction of buying a 51% stake in KMG International more

11.22.2016

KMG International group reported an operational result (EBITDA) of $145 million in January-September 2016, over 6% compared to the level reached in the same period in 2015, on the background of a more

11.17.2016

KMG International has changed the group’s management structure, appointing Catalin Dumitru as Senior Vice President for operational activities and Alexey Golovin as Vice President for corporate more

08.04.2016

KMG International, through its company Rompetrol Downstream, opened two new filling stations in Orsova and Sibiu cities and plans to expand the local network by 9 other new filling stations by the end more

07.27.2016

KazMunayGas will use all legal means to defend its rights and obtain compensation, including international arbitration, as it believes that Romanian authorities plan to seize and nationalize $2.1 more

06.16.2016

The volume of crude oil unloaded by KMG International through the offshore terminal out in the Black Sea, operated by Midia Marine Terminal (MMT) company, reached 25.5 million tons since 2009, when more

05.10.2016

KMG and KMG International have not been officially informed, at the time of Rompetrol Group NV shares acquisition, of any investigation involving the company’s operations between 1998 and 2003, KMG more

02.17.2016

KMG International, formerly Rompetrol Grup, the second largest oil group in Romania, on Wednesday reported a record net profit of $4.6 million for 2015, despite a sharp decline in international oil more

12.22.2015

KMG International has reconfirmed its commitments assumed in the memorandum of understanding signed with Romanian government regarding the investment fund and the participation in the privatization of more

12.18.2015

Fitch Ratings has placed KMG International, former Rompetrol Group, on rating watch negative, following an agreement between KazMunayGas and China Energy Company which can lead to an ownership change more

12.17.2015

The transfer of the majority stake in KMG International (former Rompetrol Group) by KazMunayGas to CEFC China Energy Company Limited is a good thing, says Ion Sturza, the former deputy chief executive more

12.09.2015

Rompetrol Moldova, a unit of KMG International (former Rompetrol Group), opened six gas stations this year in the Republic of Moldova, the latest in Chisinau, thus reaching a network of 65 more

11.20.2015

KMG International Group, owner of Romanian oil refinery Rompetrol Rafinare (RRC.RO), will invest over $6 million until 2018 in the modernization and automation of fuel loading-unloading systems of more

11.09.2015

KMG International group, through the company Midia Marine Terminal, has invested $3.5 million in replacing the equipment system needed for the transfer of crude oil via the offshore oil terminal more