08.02.2022

KMG International (Rompetrol) is launching the 22nd edition of the “Career Ready” program, in which 80 students and recent graduates will take part, selected following a complex recruitment more

07.13.2022

The Kazakh-Romanian Energy Investment Fund (KREIF), controlled by KMG International and the Romanian State, has contracted a loan of RON119 million (about USD$24.75 million) from OTP Bank Romania for more

06.10.2022

Rompetrol Rafinare (RRC.RO), a member company of the KMG International Group and the operator of the Petromidia Navodari and Vega Ploiesti refineries, has recently completed the repair works of the more

05.18.2022

Financial securities did not protect Rompetrol Rafinare, the company managing Petromidia, Romania’s biggest refinery, from the Ukraine war impact over oil prices, with the company’s losses soaring more

05.11.2022

Rompetrol Rafinare, a member company of the KMG International Group (Rompetrol), has recently completed a USD$4.2 million investment in the modernization of the Vacuum Distillation Plant (DV) within more

04.06.2022

Rompetrol Rafinare is likely to process 5.6 million tons of oil in 2022 at Petromidia refinery, Romania’s biggest, way up from 4.6 million tons in 2021, a year when the unit’s activity was halted more

04.04.2022

Rompetrol Rafinare, a member company of the KMG International Group, successfully completed the turnaround of the Petromidia Navodari and Vega Ploieşti refineries and initiated the procedures for more

03.22.2022

The Board of Directors of Rompetrol Well Services (PTR.RO), the oil services division of Rompetrol Group, is summoning its shareholders on April 27, 2022 to discuss, among others, the distribution of more

03.18.2022

Rompetrol Rafinare (RRC.RO), the operator of the Petromidia Navodari and Vega Ploiesti refineries, exported $960 million worth of oil products in the region to the subsidiaries of KMG International in more

03.07.2022

Rompetrol Rafinare (RRC.RO), member company of the KMG International Group (KMGI) and the operator of Petromidia Navodari, Romania’s largest oil refinery, announced on Monday in a stock market more

03.04.2022

Rompetrol Rafinare (RRC.RO), member company of the KMG International Group (KMGI), will suspend the operational activity of the Petromidia Navodari refinery, between March 11 and April 3, for a more

03.04.2022

Carrefour Group, active in grocery retail sector, has signed a partnership with Rompetrol Downstream, which operates a network of more than 1,000 filling stations in Romania, to open a number of more

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

09.28.2021

Rompetrol Rafinare, member company of the KMG International Group, has completed most of the turnaround of the production units on the Petromidia platform and is conducting the last technical checks more

09.15.2021

The Board of Directors of Rompetrol Well Services (PTR.RO), the oil services division of Rompetrol Group, summoned the company's shareholders on October 20 to discuss the proposition of the minority more

08.09.2021

Rompetrol Rafinare (RRC.RO), the operator of the Petromidia Navodari and Vega Ploiesti refineries, part of Kazakhstan’s KMG International Group, will reduce its share capital by RON1.75 billion to more

07.01.2021

Rompetrol Rafinare (RRC.RO), part of KMG International and 44.7% owned by the Romanian state, seeks to reduce its share capital by as much as RON3 billion from the current share capital of RON4.4 more

05.24.2021

The largest refinery in Romania, Rompetrol Rafinare, part of the Kazakhstan-based KMG International group expects an improvement of its results this year with the return of demand for oil products. more

05.17.2021

Rompetrol Rafinare (RRC.RO), the company which manages the Petromidia Navodari and Vega Ploiesti refineries, reported a turnover of USD1 billion for the first quarter of 2021, up 8% on the year, and more

04.29.2021

Rompetrol Rafinare (RRC.RO), part of KMG International Group, has budgeted a turnover of USD2.2 billion and a loss of USD60.7 million for 2021, according to the company’s 2021 budget of revenue and more

04.26.2021

Shareholders of Rompetrol Well Services (PTR.RO), the oil services division of Rompetrol Group, on Monday approved the distribution of dividends amounting to RON4.3 million from the 2020 profit plus 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

02.26.2021

Rompetrol Rafinare (RRC.RO), part of KMG International Group, ended 2020 with a loss of USD220.15 million (RON885 million), from a loss of RON49 million (RON197 million) in 2019, and with a turnover more

01.29.2021

Shareholders of Rompetrol Well Services (PTR.RO) rejected a proposal by minority shareholder KJK Balkan on the distribution policy for the RON84.37 million profit raised in previous years and approved more