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

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

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

12.18.2015

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

10.21.2015

KMG International group (the former Rompetrol Grup) registered a net profit of $11.4 million in January-September 2015, from a loss of $30 million in the same period a year ago, despite lower revenue more

04.23.2015

KMG International (former Rompetrol Group) has contracted a multi-currency facility worth $360 million from lenders BCR, UniCredit Tiriac Bank, Raiffeisen and ING Bank to fund current operations of more

02.05.2015

KMG International, formerly Rompetrol Grup, targets to render its operations more efficient and lower expenses by approximately $130 million by 2018 , estimating to save $30 million this year. more

02.03.2015

The cheaper crude oil will lead to better operating figures for Petromidia refinery, Romania’s biggest oil processing unit, says Catalin Dumitru, vice-president of KMG International, the former more

09.11.2014

KMG International NV, formerly The Rompetrol Group NV, contracted a credit line of $200 million from several banks, at the end of August, which will be used to refinance loans and back the company’s more

08.11.2014

KMG International, through Rompetrol SA, has completed the process of evacuation and repatriation of 56 of its employees from Libya, amid intensified military conflict in the region. more

07.16.2014

KMG International NV, a unit of Kazakhstan’s state-run KazMunayGas, plans to open 15 new gas filling stations in Romania in the “near future,” the company said Wednesday. more

06.19.2014

KMG International NV, a unit of Kazakhstan’s state-run KazMunayGas, is asking for upfront payment for fuel deliveries to Ukraine, amid growing economic instability in the country following tensions 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