Natural Resources >> CEO Interviews >> July 27, 2009
FRANK C. INGRISELLI, President and CEO of Pacific Asia Petroleum, Inc., has 30
years' experience in the energy industry and has been a pioneer in the Chinese
energy market since 1979. Before founding Pacific Asia Petroleum, Inc., Mr.
Ingriselli spent 23 years at Texaco in a number of diverse senior executive
positions. He retired in late 2001 as President of Texaco Technology Ventures,
where he oversaw Texaco's multi-billion dollar global technology initiatives and
investments. Among Mr. Ingriselli's achievements at Texaco was the 1983 signing
of the first successful international oil contract in China, which continues to
generate over $2 billion a year in revenues. Mr. Ingriselli also held the
position of President of Texaco International Operations and served as CEO of
the Timan Pechora Company, which was owned by Texaco, Exxon, Amoco, Norsk Hydro
and LukOil, and was developing the largest international investment in Russia at
that time. Mr. Ingriselli still sits on the Advisory Board of the Eurasia
Foundation, a Washington D.C.-based non-profit that funds programs that build
democratic and free market institutions in the new independent states of the
former Soviet Union. Mr. Ingriselli graduated from Boston University in 1975
with a Bachelor of Science degree in Business Administration. He also earned a
Master of Business Administration degree from New York University in both
Finance and International Finance in 1977 and a Juris Doctor degree from Fordham
University School of Law in 1979. Profile
at the present time?
Mr. Ingriselli: We started the company a little over three years ago as a
private
