Rompetrol: Restarting the facilities at Petromidia Refinery depends on the volume of repair works
The safe restart of the technological installations from Petromidia Refinery depends both on the volume of repair and verification works…
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Conpet increased oil transportation rates
Transportation rates through the National Transportation System for crude oil, gasoline, condensate and ethane were increased, according to a report…
Kazakhstan-Romanian Energy Investment Fund, 10 stations and a new concept in 2020
The Kazakh-Romanian Energy Investment Fund completed the construction of a new gas station in 1 Decembrie – Ilfov and reached…
Internship program run by Rompetrol, at the end
The “Career Ready” internship program, developed by KMG International (Rompetrol) and now in its twentieth edition, was finalized through an…
Calik Enerji of Turkey, general contractor for the construction of the Petromidia new cogeneration plant
Today, the Kazakh-Romanian Energy Investment Fund (FIEKR) signed with Calik Enerji (Turkey) the EPC (Engineering, Procurement and Construction) contract for…
Rompetrol Rafinare, financial results influenced by the volatility in the oil and gas market, in Q1
The first quarter (Q1) of 2020 was marked by sharp declines in the oil and gas market, driven by restrictive…
General maintenance of the Petromidia refinery, finalized with success
Rompetrol Rafinare, a member company of KMG International, has successfully completed the maintenance of the Petromidia refinery and has initiated…
Petromidia: Declining gross margin, but sales kept constant, in 2019
Bogdan Tudorache The refining segment’s financial results in 2019 were negatively affected by unfavorable market conditions, Petromidia’s gross refinery margin…
Rompetrol Bulgaria opened its 56th gas station in the city of Shumen
Rompetrol Bulgaria, a company member of KMG International, officially opened a new gas station in Shumen, town situated 90 km…
General maintenance of the Petromidia refinery, programmed by Rompetrol Rafinare
Rompetrol Rafinare, a member company of the KMG International Group, will stop between March 13 and April 30, 2020 the…
Rompetrol Rafinare, increasing results in the jet fuel segment
Rompetrol Rafinare, a member company of KMG International, has continued to constantly increase its production of Jet A1 – the…
Rompetrol Rafinare optimizes fuel production through modernization and digitization
Rompetrol Rafinare, a member company of KMG International, announced the completion of a 3 million dollars investment, part of the…
Lowest loss for Petromidia, no accidental spills – KMG report
Petromidia Refinery, KMG International Group’s main asset in Romania recorded its lowest technological loss in history, along with its lowest…
Romania has imported oil worth USD 4 billion in 2018, 70% of the refining needs
Romania’s oil imports were 59.4 million barrels, or 71% of the consumption needs of the three refineries Petromidia, Petrobrazi and…
6-times increase in net profit for KMG International in H1 2018
The KMG International Group has recorded USD 30.6 million in net profit as compared to a level of USD 5.2…
KMG International launched the 18th edition of the Internship Program
KMG International, through its member companies, has launched the 2018 Internship Program, addressed to 160 high-school, license and master degree…
KMG International announces best-ever results since the takeover
KMG International publishes its fourth sustainability report, drafted according to international standards (Global Reporting Initiative G4), and announces the economic,…
KMGI EBITDA up 12%, Petromidia sales to non-group grow 40% in Q1
This year’s first quarter brought an improvement for KMG International, in terms of its operational and financial results, in the…
KazMunayGas renews the idea of Investment Fund and the Petromidia cogeneration plant proposals
The Chairman of the Management Board of KazMunayGas (KMG), the National Gas and Petroleum Company of Kazakhstan, Sauat Mynbayev, met…
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…
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