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News and Articles on PetroKazakhstan (PKN)
Bluerock Acquisition Corp. Announces Agreement for Qualifying Transaction Sep 16, 2009 Graeme Phipps, the President and CEO of PKK, is a professional geophysicist and geologist who, prior to joining PKK, was Executive Vice President of PetroKazakhstan, and has also held management and executive positions with major global oil companies Exxon, Esso Resources, Nexen and Petro-Canada ... He is a professional geophysicist and geologist and has held management and executive positions at Esso Resources, Exxon, Nexen, Petro-Canada and PetroKazakhstan. (CCNMatthews Press Releases)
Tristan Oil caught up in subsoil law changes; government proxy circles assets Apr 28, 2009 Eleven days later CNPC (China National Petroleum Corporation) acquired Petrokazakhstan, a Canadian oil company focusing on Kazakhstan. KMG purchased 33% of Petrokazakhstan in July 2006, increasing its stake to 50% a year later, according to company information. (FT.com -- Markets)
Cash-rich China courts the Caspian Apr 18, 2009 It already owns Aktobemunaigas, which produces 120,000 barrels of oil per day (b/d) and China holds 67% of PetroKazakhstan, which produces 150000 b/d. It is also an equal partner, along with the Kazakh state oil company KazMunaiGas, in the 200,000 b/d oil pipeline from the Caspian to China's Xinjiang border. (Asia Times Online)
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