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At that time, he tried to negotiate the deal on behalf of a Ukrainian energy firm named Burisma for which he was a board member, according to the outlet.Īccording to the emails, the plan was for the Kazakh government to award drilling rights to CNOOC, while Burisma would operate rigs and wells in the Central Asian country. The Daily Mail obtained the emails from what is alleged to be Biden’s abandoned laptop, showing him traveling to Beijing and Kazakhstan in an effort to broker the oil deal in the two-year period. The People’s Republic of China is the official title of China. investors ( pdf) to steer away from investing in stock and bond indices having “malign PRC companies” on their portfolios, with CNOOC being one of the many companies named. The Pentagon named CNOOC as one of Beijing’s “ military companies” in December 2020. national security and added it to a trade blacklist called the “ Entity List.” Commerce Department identified the company as posing a threat to U.S. The Chinese oil company alleged to be part of the deal, the State China National Offshore Oil Corp.
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President Joe Biden, tried to broker a $120 million oil agreement in 20 between a Chinese state-owned oil company and Kazakhstan’s prime minister at that time, according to emails recently obtained by British newspaper the Daily Mail.