Total 7 Posts
U.S. Senators Introduce Bill To Restrict U.S. Strategic Oil Sales to China
The U.S. House of Representatives recently passed a bill that would prohibit sales of oil from the U.S. strategic petroleum reserve to entities linked to the Chinese Communist Party, and similar legislation has now been introduced in the Senate.
U.S. House of Representatives Votes To Restrict Sales of Oil from Strategic Petroleum Reserve to China
Last week, the House of Representatives passed a bill that would prohibit sales of oil from the U.S. strategic petroleum reserve to entities linked to the Chinese Communist Party. Prospects for the legislation in the Democrat-controlled Senate are uncertain, however.
Chinese Official Offers Olive Branch for More Collaboration with Philippines
During a three day visit to the Philippines last weekend, a Chinese high-level official expressed hope about reviving joint oil exploration and strengthening cooperation on energy, agriculture and other areas.
U.S. Senate Bill Would Sanction Facilitation of Russian Oil/Gas Shipments to China
Last week, U.S. Senators Marco Rubio (R-FL), Rick Scott (R-FL), and Kevin Cramer (R-ND) introduced a bill that would sanction insurers/registrars of ships sending oil from Russia to China.
Congressional Hearing with BIS Under Secretary Addresses Russia Sanctions, Touches on China Issues
At a recent Congressional hearing, a senior Bureau of Industry and Security (BIS) official testified and answered questions on a number of issues related to China's compliance with U.S. sanctions and its access to U.S. technology.
U.S. Treasury's Latest Iran Oil Sanctions Hit Chinese Firms
Yesterday, the U.S. Department of Treasury’s Office of Foreign Assets Control (OFAC) imposed new sanctions in relation to purchases of Iranian petroleum and petrochemical products, with sales to China implicated by the measures.
New U.S. Senate Bill Would Prohibit Oil Exports to China
Two Republican Senators have introduced legislation that would ban the export of oil and petroleum products to China.