The transaction between KMGI and CEFC has failed
The deal for the takeover of 51% of the shares of the oil company KMG International NV, the former Rompetrol…
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CEFC
China energy firm CEFC defaults, parent-company takes over Rompetrol
As corporate defaults pile up in China’s onshore bond market, a unit of a once-promising energy conglomerate with $4.8 billion…
China’s CEFC hit by creditors’ legal action
CEFC China Energy has been hit by legal action from a creditor, even as the cash-strained conglomerate’s biggest financial backer,…
Kazakh KMG sees sale of stake in KMGI to CEFC by end-June
KazMunaiGas’s deal to sell 51 percent of its Romanian business KMGI to China’s CEFC is still going ahead but has…
Chinese energy giant CEFC China Energy’s chairman has been probed for suspected economic crimes
The chairman of China’s CEFC China Energy, the private firm that has agreed to buy a nearly $10 billion stake…
China’s CEFC eyes big league with Rosneft oil offtake deal
As part of its recent $9.1 billion investment in Russian oil giant Rosneft, little-known CEFC China Energy will have access…
CEFC will close the deal with Rompetrol’s shareholder in a few weeks
China’s CEFC could conclude the process of purchasing 51 percent of the shares of oil company KMG International NV by…
Rompetrol’s shareholder, CEFC, in early talks to buy Rosneft stake
CEFC China Energy, which has grown from a niche oil trader to a sprawling energy conglomerate, is in talks to…
Romania approves China Energy bouyout of Rompetrol
KMG International Group (KMGI) announces the recent decisions of the Romanian authorities approving the transaction signed at the end of…
KMGI plans to invest billions of dollars in Romania, funded by China Energy Company
KazMunayGas International plans to make billions of dollars worth investments to improve assets in Romania, but also to acquire new…
CEFC is interested on developing KMG International operations
A CEFC (China Energy Company Limited) delegation along with executive management members of KMG International (KMGI) had a series of…
Transaction between CEFC and KazMunayGas entered the final stage, according to the majority shareholder of Petromidia
The negotiations between the National Company for the oil and gas sector of the Republic of Kazakhstan KazMunayGas KMG (CN)…