Tag: unipec

EXCLUSIVE: US Oil Sales to China Could Be ‘Unlawful Activity,’ GOP Lawmakers Tell Biden

July 26, 2022
Asia & PacificbidenBusiness & MarketsChinacongresseconomic policieseconomyenergyFinance & Business TiesOiloil reservePolicies & ImpactsPoliticsRepublicansSpecial TopicsStrategic Petroleum ReserveunipecUSUS NewsUS-China relationsWorld
0 Comment

Republican lawmakers are pressing President Joe Biden to make clear whether he had a role in auctioning off oil from U.S. emergency reserves to a Chinese entity that has been previously linked to his younger son. Rep. Ralph Norman (R-S.C.) on July 26 led a letter flagging the sale of U.S. strategic oil reserves worth…

Read More

Chinese State-Owned Firm Won Nearly 6 Million Barrels of US Oil Reserves Through Auction Sale, Records Show

July 25, 2022
Asia & PacificbidenBusiness & MarketsChinaChina Business & EconomyChinese RegimeeconomyenergyExecutive BranchFinance & Business TiesNational Securityoil reservePolicies & ImpactsPoliticsSinopecSpecial TopicsStrategic Petroleum ReserveunipecUSUS NewsWorld
0 Comment

The Biden administration has sold nearly 6 million barrels of oil from the U.S. strategic reserve to an entity tied with the Chinese Communist Party, records show. From September 2021 to July, the Department of Energy (DOE) has awarded three crude oil contracts with a combined value of roughly $464 million to Unipec America, the…

Read More

US Sold 6 Million Barrels of Oil Reserves to China, Records Show

July 25, 2022
Asia & PacificbidenBusiness & MarketsChinaChina Business & EconomyChinese RegimeeconomyenergyExecutive BranchFinance & Business TiesNational Securityoil reservePolicies & ImpactsPoliticsSinopecSpecial TopicsStrategic Petroleum ReserveunipecUSUS NewsWorld
0 Comment

The Biden administration has sold nearly 6 million barrels of oil from the U.S. strategic reserve to an entity tied with the Chinese Communist Party, records show. From September 2021 to July, the Department of Energy (DOE) has awarded three crude oil contracts with a combined value of roughly $464 million to Unipec America, the…

Read More

US Sold Nearly 6 Million Barrels of Oil Reserves to China, Records Show

July 25, 2022
Asia & PacificbidenBusiness & MarketsChinaChina Business & EconomyChinese RegimeeconomyenergyExecutive BranchFinance & Business TiesNational Securityoil reservePolicies & ImpactsPoliticsSinopecSpecial TopicsStrategic Petroleum ReserveunipecUSUS NewsWorld
0 Comment

The Biden administration has sold nearly 6 million barrels of oil from the U.S. strategic reserve to an entity tied with the Chinese Communist Party, records show. From September 2021 to July, the Department of Energy (DOE) has awarded three crude oil contracts with a combined value of roughly $464 million to Unipec America, the…

Read More

Biden’s Selling of Oil From Reserve to Hunter Biden-Tied Chinese Firm ‘Impeachable’: Republicans

July 8, 2022
Asia & PacificbidenChinacongresseconomyFinance & Business TiesHunter BidenNational SecurityOilPolicies & ImpactsPoliticsRepublicansSinopecSpecial TopicsThreat from Communist ChinaunipecUSUS NewsUS-China relationsWorld
0 Comment

The Biden administration’s move to sell nearly 1 million barrels of oil reserves to China “defies all common sense” and is benefiting U.S. adversaries at the cost of national interests, said Republican lawmakers, with some calling the action “impeachable.” The Department of Energy in April sold 950,000 barrels of Strategic Petroleum Reserve to Unipec America,…

Read More