CEFC became majority shareholder in KMG International – Romania, 3 May 2016
Chinese company China Energy Company Limited (CEFC) has become the majority shareholder in KMG International, the former Rompetrol Group, which has most of its business in Romania, but also in other countries. According to the agreement signed on Friday, CEFC and Kazakh state-owned oil company KazMunayGaz (KMG) will establish a joint venture in which CEFC […]