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KAZMUNAYGAS

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KazMunayGas Bid to Sell 51% in KMGI to China Energy Company Falls Through
Energy

KazMunayGas Bid to Sell 51% in KMGI to China Energy Company Falls Through

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.

Oana Gavrila · 03.07.2018 · 16:07 · 1 min
Romania Approves Transaction Between NC KazMunayGas and China Energy Company Limited
Energy

Romania Approves Transaction Between NC KazMunayGas and China Energy Company Limited

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 – nation...

Ecaterina Craciun · 27.07.2017 · 14:01 · 2 min
KMG International: 2016, Record Year For Rompetrol And Units In Romania
Energy

KMG International: 2016, Record Year For Rompetrol And Units In Romania

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 reco...

Ecaterina Craciun · 09.03.2017 · 20:10 · 3 min
Negotiations Between CEFC, KazMunayGas On Buying 51% Stake In KMG International Reach Final Stage
Energy

Negotiations Between CEFC, KazMunayGas On Buying 51% Stake In KMG International Reach Final Stage

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 Inte...

Gabriela Stan · 15.12.2016 · 10:47 · 1 min
KazMunayGas Could Use International Arbitration To Defend Its Rights And Obtain Compensation
Energy

KazMunayGas Could Use International Arbitration To Defend Its Rights And Obtain Compensation

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...

Gabriela Stan · 27.07.2016 · 15:11 · 3 min
Romania Suggests KazMunayGas To Build Chemical Plant In SE Region Of Dobrogea
Energy

Romania Suggests KazMunayGas To Build Chemical Plant In SE Region Of Dobrogea

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 min...

Oana Gavrila · 05.11.2014 · 10:53 · 1 min
KazMunayGas Drops Litro Brand
Energy · No more litro gas stations

KazMunayGas Drops Litro Brand

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 t...

Loredana Frățilă-Cristescu · 02.07.2014 · 00:00 · 2 min
KazMunayGas International Seeks To Hire 500 People This Year
Energy

KazMunayGas International Seeks To Hire 500 People This Year

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.

Loredana Frățilă-Cristescu · 12.05.2014 · 00:00 · 1 min
Government Starts Preparations To Sell 26% Stake In Petromidia
Energy

Government Starts Preparations To Sell 26% Stake In Petromidia

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...

Loredana Frățilă-Cristescu · 09.04.2014 · 22:42 · 1 min