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Keyword: unipec

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  • Sinopec, U.S. Strategic Oil Reserves, and Hunter Biden: Connecting the Dots..

    07/26/2022 9:04:31 PM PDT · by george76 · 5 replies
    Market Realist ^ | JUL. 8 2022 | MOHIT OBEROI, CFA
    Biden has released millions of barrels of oil from the country’s strategic oil reserves. While the oil has been released to stabilize global energy markets and lower the prices of gas, of late the oil reserve release has been controversial. The U.S. sold some oil to China’s Sinopec, which has been connected to Hunter Biden in the past. ... 180 million barrels of oil are to be released, which makes it the biggest drawdown on the strategic oil reserves in history. The U.S sold oil to a subsidiary of Sinopec. ... Unipec America was also awarded 0.95 million barrels of...
  • Hunter Biden-founded company still holds 10% stake in Chinese firm, records show

    07/19/2022 6:52:48 AM PDT · by george76 · 9 replies
    Washington Examiner ^ | July 18, 2022 | Jerry Dunleavy
    Hunter Biden's lawyers insist he has divested from a 10% stake in a Chinese government-linked company, but they won't say whom he sold it to or how much money he may have made as a result. Chinese business records still list Skaneateles, an LLC started by Hunter Biden, as a 10% owner of the Chinese investment firm BHR Partners, more than seven months after his lawyer said he had completely divested from the venture. He had been under pressure to ditch the stake in the wake of his father winning the 2020 election. Hunter's lawyer Chris Clark told the New...