09.15.2014

For Rompetrol, Romania’s second largest oil group, the option of buying gas filling stations is now more likely because only one of the 15 gas stations the company was planning to open this year has more

08.13.2014

Romanian Rompetrol Rafinare (RRC.RO), the refining arm of the country's second-largest oil group KMG International, Wednesday said its net loss narrowed 40% to $46.98 million in the first half, helped more

08.13.2014

Rompetrol Well Services (PTR.RO), the Romanian services division of oil group KMG International, Wednesday reported a net profit of 7.17 milion lei (EUR1.6 million) for the first six months, more than more

07.24.2014

Rompetrol Downstream, the local retail unit of Romania’s second-largest oil group KMG International, has rebranded 38 filling stations in the first seven months of the year and plans to upgrade 52 more

07.14.2014

Romania’s second largest oil group Rompetrol plans to sell its in environmental services unit Ecomaster to Oil Depol Service, a local company that provides industrial and environmental clean-up more

07.02.2014

Five years after launching the Litro gas station brand, KazMunayGas is dropping the branding experiment conducted at only four Rompetrol gas stations on the A2 highway connecting Bucharest to more

07.01.2014

Yedil Utekov has taken over as general manager of the Romanian refinery Rompetrol Rafinare (RRC.RO), a member of KazMunayGas International, starting June. more

06.02.2014

Rompetrol Georgia and Rompetrol Moldova opened 9 gas stations since the beginning of the year, reaching a total of 128 filling stations, while another 10 units will be opened by the end of the year, more

05.16.2014

Fitch Ratings on Friday affirmed at ‘B+’ its long-term ratings on Romanian oil group KMG International NV (formerly The Rompetrol Group NV), with stable outlook, the rating agency said in a more

05.14.2014

Romanian refinery Rompetrol Rafinare (RRC.RO), a member of KazMunayGas International, Wednesday reported a first-quarter net loss of $26.8 million, slightly wider than $25.2 million in the same period more

05.14.2014

Rompetrol Well Services (PTR.RO), a unit of Romania’s second biggest oil group KMG International, on Wednesday said its net profit more than halved to 3.2 million lei (EUR0.72 million) in the first more

05.13.2014

KazMunayGas International (the former Rompetrol), Romania's second largest oil group, says the fuel price hike has had a relatively low impact on its sales, with demand in its filling stations sliding more

04.29.2014

Karoly Borbely, state secretary with the Energy Department in the Economy Ministry was appointed Tuesday in the board of directors of Romanian Rompetrol Rafinare (RRC.RO), the refining unit of the more

04.09.2014

Economy Ministry’s Department for Energy will start the strategy for the sale of 26.69% in Rompetrol Rafinare (Petromidia) soon and the auction will be held only after a valuation report has been more

04.04.2014

Romanian Rompetrol Rafinare (RRC.RO), the refining unit of the country's second-largest oil group KMG International, expects its loss will narrow 35.4% on the year to $63.92 million in 2014, on higher more

03.31.2014

Rompetrol Well Services (PTR.RO), a unit of Romania’s second biggest oil group Rompetrol, expects its net profit will fall to 12.6 million lei (EUR2.82 million) this year, its weakest result since more

03.25.2014

Rompetrol Well Services (PTR.RO), a unit of Romania’s second biggest oil group Rompetrol, proposes dividends totaling RON8.3 million in 2014, up 3.4% on the year, representing 30% of last year’s more

03.19.2014

Romania will auction in the summer a stake of 26% in oil refinery Rompetrol Rafinare (RRC.RO) with the starting price of $200 million, a government official said Wednesday. more

03.10.2014

Romania’s second largest oil group Rompetrol will change its name to KazMunayGaz International, as part of the group’s strategy to integrate operations, but will keep the Rompetrol name for its more

02.21.2014

The turmoil in Ukraine, where more than 100 dead had been reported by Thursday night and political violence seems to have no end in sight, is not affecting Romania economically (its exports to this more

02.19.2014

One in four liters of gas or diesel oil purchased in Romania comes from Petromidia refinery, the main asset controlled by Rompetrol, the group owned by Kazak state-owned company KazMunaiGas. more

02.17.2014

Romanian oil company Rompetrol Rafinare (RRC.RO) reported a net loss of $99 million for 2013, compared with $163 million a year before, following an increase in the gross turnover. more

02.17.2014

State-owned oil companies of Kazakhstan, Azerbaijan and Russia came to control half of network-affiliated gas stations on the Romanian market. more

02.17.2014

Rompetrol Well Services (PTR.RO), a unit of Romania’s second biggest oil group Rompetrol, on Monday said its net profit rose 25% on the year to 27.5 million lei (EUR6.2 million) in 2013, fueled by more

02.06.2014

Oil group Rompetrol has no plans to raise its $200 million offer to repurchase a 26.7% stake in its refining unit Rompetrol Rafinare (RRC.RO) from the Romanian state, the group’s Senior more