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Vol. 14, No. 44 Week of November 01, 2009
Providing coverage of Alaska and northern Canada's oil and gas industry

Koreans stun Canadian oil patch

State-run KNOC offers premium for Harvest Energy Trust holdings in search for energy security; bolsters chances of new sands market

Gary Park

For Petroleum News

South Korea’s state-run Korea National Oil Corp. has taken a headlong plunge into Canada’s energy sector in a highly complex move that is causing widespread head scratching within the industry. The move came amid reports that KNOC was still seething over its failure earlier this year to outwit and o....

    [additional news subjects in this story]

Analyst doesn’t expect competition

Foreign takeovers a trend

Shoring up energy security

Increased production the goal


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