02.15.2016

Romanian oil refining company Rompetrol Rafinare (RRC.RO), member of KMG International group, reported a net consolidated result of $62 million in 2015, thus marking the switch to profit of Petromidia more

02.15.2016

Rompetrol Well Services (PTR.RO), a unit of KMG International, the second largest oil group in Romania, on Monday said it registered a net loss of RON2.15 million in 2015, compared with a profit of 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

12.17.2015

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

10.06.2015

Romania hopes to finalize the sale of a 26.69% stake in oil refinery Rompetrol Rafinare (RRC.RO) to Kazakh oil company KazMunayGas in the second half of 2016, Energy Minister Andrei Gerea said in a more

08.21.2015

Florin Luca resigned from the position of human resources department head with KMG International, formerly Rompetrol group, which majority owns Rompetrol Rafinare (RRC.RO), which he had filled in more

07.28.2015

Romania's government on Tuesday approved the privatization strategy for Rompetrol Rafinare (RRC.RO) and will not accept less than $200 million for a 26.69% stake in the oil refinery. more

07.27.2015

KMG International, formerly Rompetrol group, which majority owns Rompetrol Rafinare (RRC.RO), posted revenue of $5.5 billion (21.9 billion lei) in the first half of 2015, down 18% compared with $6.7 more

07.23.2015

Rompetrol, the second leading player on the local oil industry, and Canada’s Serinus Energy asked for the extension by three years of the exploration license of a natural gas perimeter in Romanian more

07.10.2015

Romania's High Court of Justice ruled irrevocably that oil companies Rompetrol and ENI Romania breached antitrust regulations by agreeing with competitors to take a type of fuel off the market, but more

07.03.2015

Rompetrol, the second leading player in the local oil industry, is changing the business model for its gas station network, transferring about 140 stations to dealers. more

06.23.2015

Oil company Rompetrol Rafinare has completed a $11 million investment aiming to cut back on pollution by lowering the amount of particles released into the atmosphere in the oil refining process. more

06.12.2015

Shareholders of Rompetrol Rafinare on Friday decided to dismiss Bogdan-Nicolae Badea from the position of member in the company’s Board of Directors. more

06.11.2015

Romania’s Energy Ministry will sell 26.69% of Rompetrol Rafinare shares for at least $200 million and the company’s majority shareholder, KMG International, has pre-emption right to buy the stake. more

06.09.2015

The Bucharest Court has denied Rompetrol SA's request for insolvency and company officials may appeal the ruling within seven days. more

06.05.2015

Oil company Rompetrol SA filed for insolvency on May 28 and the court will analyze the case on June 8. more

05.14.2015

Rompetrol Rafinare, the largest Romanian unit of Kazakhstan’s KazMunayGas, Thursday reported a strong decline in revenue but an even more important improvement of its net result. more

05.14.2015

Rompetrol Well Services (PTR.RO), a unit of Romania’s second biggest oil group KMG International, reported a net profit of RON258,000 in the first quarter, 92% lower from RON3.2 million in the more

03.04.2015

Shareholders of Rompetrol Rafinare (RRC.RO) have appointed two new members on the board of directors: Bogdan-Nicolae Badea, cabinet director to the minister of Energy, and Yedil Utekov, the company's more

02.18.2015

Rompetrol Rafinare (RRC.RO), Rompetrol Downstream, KazMunayGas Trading AG and KMG Rompetrol, units of oil group KMG International, plan to contract a $390 million loan from lenders BCR, UniCredit more

02.16.2015

Romanian oil refining company Rompetrol Rafinare (RRC.RO) Monday reported a net loss of $58.44 million for 2014, compared with $95.6 million in the previous year. more

02.13.2015

Rompetrol Well Services (PTR.RO), a unit of Romania’s second biggest oil group KMG International, on Friday said its net profit halved to RON13.9 million (EUR3.1 million) in 2014, from RON27.6 more

11.14.2014

Romanian oil company Rompetrol Rafinare (RRC.RO) turned to profit in the third quarter, despite lower oil prices, on rising volume of products sold. more

11.03.2014

The liquefied petroleum gas market used to fuel vehicles, estimated at 450,000 tons and $350 million, is seen rising 5% this year compared to 2013. more

10.07.2014

The Bucharest Court of Appeals on Tuesday passed a definitive ruling sentencing senator Sorin Rosca Stanescu and former communications minister Sorin Pantis to prison for their roles in a stock market more