Frank Ingriselli
Frank Clifford Ingriselli (born April 30, 1954) is an American energy industry executive with over four decades of experience in the oil, gas, and energy technology sectors. He is the current President of Indonesia Energy Corporation (NYSE: INDO), Chairman of Lafayette Energy Corp,[1] and has founded and held executive roles in several publicly traded energy companies on the New York Stock Exchange[2][3]
Early life and education
Ingriselli was born in the United States on April 30, 1954. He is the son of Frank H. Ingriselli, a certified public accountant who died in 1961, and Constance Ingriselli, of Riverdale, Bronx, New York, who died in 2016. He graduated from St. Michael Academy in the Bronx, New York.[4]
He earned a Bachelor of Science in Business Administration from Boston University in 1975. He then earned a Master of Business Administration in Finance and International Finance from New York University in 1977. In 1979, he received a Juris Doctor from Fordham University School of Law.[3][4]
Career
Ingriselli began his career at Texaco Inc. in 1979, where he held executive positions in the company's Producing–Eastern Hemisphere Department, Middle East/Far East Division,[4] and International Exploration Company. He was named President of Texaco International Operations Inc. in 1992 and negotiated the Western Siberia Sutorminsk oil development in Russia, one of the first successful Western oil company developments in Russia, and later served as president and CEO of the Timan Pechora Company,[5] a joint venture led by Texaco, Exxon, Amoco, and Norsk Hydro, focusing on investment in the Russia artic region with spending of over $4 billion and with oil deposits estimated at over 2 billion barrels of oil, making it one of the largest oil projects in Russia.[6][7]
Between 2000 and Chevron's acquisition of Texaco in November 2001,[4] he oversaw Texaco's investments in alternative energy. During this period, he testified before the U.S. House of Representatives on hydrogen energy and was cited in publications for his advocacy of green initiatives.[8] His work included acquiring a stake in Energy Conversion Devices Inc., forming a fuel cell joint venture, purchasing General Motors’ nickel metal hydride battery business, and establishing a solar energy partnership. In 2001, he also participated in a joint venture with Bob Stempel and Lee Iacocca to develop an electric vehicle prototype.[9]
In 2001, after leaving Texaco, Ingriselli founded Global Venture Investments LLC, a management consulting firm focused on energy-related business development, where he continues to serve as president and CEO[10] Between 2001 and 2005, he consulted with Energy Conversion Devices, continuing to consult on the various joint ventures he invested in while at Texaco. Between 2016 and 2018, he also led Blackhawk Energy Ventures Inc., a privately held energy consulting firm.[10][3]
From 2005 to 2010, he served as founder, President, and CEO of Pacific Asia Petroleum Inc., which focused on coal-bed methane development in China. The company went public in 2007 on the New York Stock Exchange and later merged with CAMAC Energy. Between 2010 and 2018, he led PEDEVCO Corp. (NYSE: PED) as its founder, chairman, President, and CEO, focusing on shale oil development in U.S. basins such as Wattenberg and Eagle Ford.[3]
Ingriselli served as CEO of Trio Petroleum Corp. (NYSE: TPET) from 2022 to 2023,[11] overseeing oil and gas development operations in California.[3] In 2019, he became President of Indonesia Energy Corporation, an oil and gas company engaged in upstream activities in Indonesia.[12] Since 2022, he has also served as Chairman of Lafayette Energy Corp.,[13] a private company focused on hydrocarbon assets in Utah.
Philanthropy
Ingriselli is the founder and Chairman of the Brightening Lives Foundation Inc., a public charitable foundation established in 2006.[5] He is also on the Board of Trustees of the Eurasia Foundation, and has served on the boards of Elephant Oil & Gas, NXT Energy Solutions Inc, Caspian Energy Inc, Trio Petroleum Corp.,[14]
Personal life
Ingriselli was married to Mary Elizabeth Tursone Ingriselli from 1980 until their divorce in 2011.[4][15] and since 2013, he has been married to Sung Jin Suhr Ingriselli. He has two children from his first marriage: Elizabeth Ingriselli, and Frank Ingriselli Jr.
References
- ↑ "INDO.A - | Stock Price & Latest News". www.reuters.com. Retrieved 2025-09-04.
- ↑ "stockinsights.ai - Your AI Edge in Stock Research". www.stockinsights.ai. Retrieved 2025-09-04.
- ↑ 3.0 3.1 3.2 3.3 3.4 "lafa_s1.htm". www.sec.gov. Retrieved 2025-09-04.
- ↑ 4.0 4.1 4.2 4.3 4.4 "Frank Clifford Ingriselli Fiancé of Mary Tursone (Published 1979)". 1979-12-23. Retrieved 2025-09-04.
- ↑ 5.0 5.1 "Who We Are". Brightening Lives Foundation. Retrieved 2025-09-04.
- ↑ "Expected Oil Bonanza Fails to Materialize (Published 1997)". 1997-09-05. Retrieved 2025-09-05.
- ↑ "Why U.S. Oil Companies and Russian Resources Don't Mix (Published 2002)". 2002-11-24. Retrieved 2025-09-05.
- ↑ https://www.annualreports.com/HostedData/AnnualReportArchive/p/NYSE_PED_2017.pdf [bare URL PDF]
- ↑ https://www1.udel.edu/igert/JournalClub/JC1.pdf [bare URL PDF]
- ↑ 10.0 10.1 "Why U.S. Oil Companies and Russian Resources Don't Mix (Published 2002)". 24 November 2002. Archived from the original on 2021-06-08. Retrieved 2025-09-04.
- ↑ "Management Board – Trio Petroleum". Retrieved 2025-09-04.
- ↑ "Our Executive Team – Indonesia Energy Corporation". indo-energy.com. Archived from the original on 2025-07-20. Retrieved 2025-09-04.
- ↑ "Lafayette Energy Corp - Company Profile and News". Bloomberg.com. Retrieved Sep 14, 2025.
- ↑ "Frank C. Ingriselli". Eurasia Foundation. Retrieved 2025-09-04.
- ↑ "Father Joe Hynds performing marriage ceremony". The Herald Statesman. 1980-06-22. p. 50. Retrieved 2025-09-04.
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