Tag: CEFC

Sale of stake in KMGI to Chinese CEFC falls through – Romania, 3 July 2018

According to media sources, the transaction for the takeover 51 % stake in KMG International (former Rompetrol Group) by Chinese company CEFC (China Energy Company Limited) of has failed. Kazakh […]

Chinese CEFC defaults on bond payments – Romania, 22 May 2018

CEFC Shanghai International, a subsidiary of the Chinese group CEFC Energy, missed bond payments totaling 327.3 million dollars, becoming the latest private Chinese company to default amid a crackdown on […]

Sale of stake in KMGI to Chinese CEFC to be completed by summer – Romania, 23 March 2018

Kazakh company KazMunayGas said that the completion of the sale of 51 % stake in KMG International (KMGI) to China Energy Company Limited (CEFC) has been postponed until the end […]