07.03.2018

KMG International Group (KMGI) said Tuesday the deal to sell 51% of shareholding interest in KMG International N.V. to China Energy Company Limited has fallen through. more

07.27.2017

KMG International Group (KMGI) on Thursday welcomed the recent decisions of the Romanian authorities approving the transaction signed at the end of 2016 between its main shareholder – national more

03.09.2017

KMG International, member of the National Oil and Gas Company of Kazakhstan – KazMunayGas – and owner of oil company Rompetrol, said in a statement on Thursday that 2016 was the year of records in 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

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

11.05.2014

The Romanian government proposed Rompetrol owner KazMunayGas to build a chemical plant in the southeastern Romanian region with the $1 billion it pledged to invest in the country, Energy minister 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

05.12.2014

KazMunayGas International, the former Rompetrol group, set out to hire more than 500 people by yearend, taking the total number of employees in Romania to over 6,000. 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

07.16.2013

Rominserv, part of Romania’s second largest oil group Rompetrol, will offer project management consulting services for $5 million for the construction of a petrochemical complex in Kazakhstan, an more

05.08.2013

Romania will receive $200 million following the buyback of a 26.69% stake in Rompetrol Rafinare (RRC.RO) by Kazakh state-owned company KazMunayGas, the Government said Wednesday. more

10.29.2012

Remus Vulpescu, former head of Romania's industry privatization authority OPSPI, freshly appointed as member of the board of directors of Rompetrol Rafinare (RRC.RO), said the government should reach more

05.22.2012

Kazakh state-run oil and gas company KazMunayGas Tuesday said it has appointed Zhanat Tussupbekov as the new chief executive officer of its Romanian unit Rompetrol. more

05.21.2012

Kazakh state-run oil and gas company KazMunayGas wants to attract Romanian capital for a joint well services company in the Asian country, the Romanian Economy Ministry said in a statement Monday. more

03.26.2012

Rompetrol, the second-largest player on the Romanian oil market, is preparing for major changes, as the $6.8 billion (EUR4.5 billion) business awaits a new CEO, who will also come from Astana, the more

01.04.2012

Kazakh-held Rompetrol, the second-largest player in the Romanian oil industry, will continue cost cutting measures this year, considering that since 2007 when the group was bought by KazMunayGas just more