KB Petroleum LLP is aware of how crucial strong corporate governance is to the growth of the company. As a result, one of the Board’s main responsibilities is to promote excellent corporate governance standards. We require clearly defined roles and responsibilities, non-executive independence, diversity in the boardroom and workplace, an open and transparent culture, and the work of our committees in putting the company’s values and policies into practice throughout KB Petroleum LLP in order to get this right for our stakeholders.

Non-executive directors must be well-versed in the company and its relationships with important stakeholders in addition to their work in the boardroom. They should therefore seize the chance to interact with shareholders, important clients, and staff members at all organizational levels.

The KB Petroleum LLP is highly dependent on sound corporate governance practices. Management and the control and audit authorities must work well together in order to uphold and protect the interests of all shareholders and foster confidence in KB Petroleum LLP. conforms to the Kazakhstan Code of Corporate Governance, which seeks to build a framework for accountable and transparent management and control that creates long-term value.

In 2009, the corporate structure changed to become a holding company. A flat, straightforward, and open management structure is made possible by the management holding. Faster decision-making processes and greater accountability allow us to concentrate on the needs of our clients and market demands.

Being “best in class” in all facets of its business, including the ethical exploitation of its natural resources, is something that KB Petroleum LLP has continuously proven. Our employees receive extensive annual training and education regarding regulatory compliance, industry standards, and innovative opportunities to effectively manage the challenges of developing our resources. Our oil and natural gas exploration, development, and production operations are subject to strict environmental laws and regulations, including those relating to waste handling, remediation of hazardous substances, water discharge, and air emissions.