PetroChina pays US $2.7 billion for control of PetroKazakhstan

    The PetroChina Company Ltd. announced on August 23rd that it would purchase 67 percent of the interest in PetroKazakhstan (PK) from PetroChina's parent company, China National Petroleum Corporation (CNPC) for the consideration of about 2.735 billion U.S. dollars.     PetroChina President, Jiang Jiemin said at a press conference on August 23rd...