Lukoil picks Qatari-UK consortium as buyer of Bulgarian refinery
Russia’s Lukoil plans to sell its Bulgarian refinery to a Qatari-UK consortium comprising Oryx Global, controlled by Qatari businessman Ghanim…
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KazMunayGas
Petromidia Refinery celebrates 45 years of activity
Petromidia Refinery, one of the most important refineries in the region and the largest profile unit in the country, is…
First 20,000 tons of oil from Kazakhstan could arrive in Germany in January
Kazakhstan plans to export 1.5 million tons of oil to Germany in 2023, and the first delivery, with a volume…
KMG: Security of supply of Romania is our main priority
The total investment level of the Romanian-Kazakh FIEKR Fund in energy projects reached USD 290 million, prioritizing the development of…
KMG International: Rompetrol, part of KazMunayGas for 15 years
KMG International – Rompetrol group celebrates 15 years within the National Oil&Gas Company of Kazakhstan – KazMunayGas. With the support…
Virgil Popescu, in Kazakhstan: We received assurances that we will have all the support for oil supply
The authorities from Kazakhstan will give Romania all the support to secure the supply of oil and derived products, the…
State-of-the-art LPG recovery system, implemented by Rompetrol Rafinare
Rompetrol Rafinare, member company of the KMG International Group, has successfully implemented a modern system for recovering liquefied petroleum gas…
Alik Aidarbaev introduced the new CEO of the KMG International Group
The Chairman of the Management Board of JSC NC KazMunayGas, Alik Aidarbayev, during a working visit to Bucharest, introduced the…
Petromidia Refinery: Investments worth 50 mln. USD in 2019
Bogdan Tudorache Petromidia Refinery Navodari will invest in 2019 50 million dollars, allocated for the alignment and continuation of installation…
KMGI extended a 360 mln. USD credit line by 2021
The KMG International Group (KMGI) has amended and extended its USD 360 million multicurrency revolving credit facility on Friday, 20…
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,…
15 years of business for Rompetrol in Bulgaria and Moldova
The KMG International Group is celebrating 15 years of Rompetrol brand presence in the Republics of Moldova and Bulgaria. “The…
Rompetrol Rafinare announces new multi-million USD contracts with KazMunayGas
Rompetrol Rafinare (RRC) announced the conclusion of new contracts. Thus, RRC acquired from KazMunayGas Trading AG (parent company’s subsidiary) oil…
KazMunayGas receives a lower rating from Standard & Poor’s
The credit rating Agency Standard & Poor’s (S&P) has downgraded the ratings of five Kazakh state-own companies, including KazMunayGas, which…
Chinese company could take control of KMG International
UPDATE – reaction from Energy Minister Shortly after the appearance of this news, Energy Minister Victor Grigorescu made the following…
KMG International will operate 20% of an oilfield production in Kazakhstan
The KMG International Group, through KMG Trading, managed on behalf of KazMunayGas, the process of selecting Vitol, as the company…