UPEC (United Petrochemical Export Conglomerate) is a Partially State Owned Oil Production Company in the UIS. They are a part of the Duopoly Scheme in the UIS the Central Economic Committee set up in 1950. UPEC is an exclusively onshore Oil company that focuses on Onshore Oil Production. It has been Operating since 1896 when the first crude oil substracts were identified as oil. Extraction did not begin until 1903. 2 Gas Rigs from Imperial Alverton were imported in 1902, the first time that the Imperial Dynasty had Officially bought items from another country using its own Gold Reserve instead of using foreign currency. The Gas rigs were initially not fit for purpose, 1 broke down when it a test extraction was performed in 1902. The final example was reverse engineered and Rebuilt for Oil extraction, with various improvements to capacity and durability required for extraction of Crude Oil, which was significantly more viscous than the lighter Gas being extracted from the Imperial Alviet gas fields at the time. Onshore Production has scaled by over 9000% since 1903, with various new oil fields being discovered both within and outside of the UIS. During SW2, 30% of UPEC was sold to Nazi Umbra in exchange for 10 Million Reichsmarks, and UPEC supplied much of the Umbran Reich especially during the opening years of the war, before the Attack on UAC in 1941, where oil supply slowed due to the allied onslaught of the main Oil routes. UPEC is still 70% owned by the UIS government, but the Umbran Government only holds around a 12% stake after selling 18% of their stock over the course of the 1940's, up until 1996 where reparations in stocks of the UIS Oil Companies was blocked by the UIS over security concerns. Notable improvements have been made by UPEC in the field of Oil Research, Discovery and Production. In the 1960's, UPEC played a major role in discovering a deep Oil reserve beneath a seemingly barren desert in UAC, with an estimated reserve value of 1 trillion SGC's worth of oil (At the November 1962 pre Missile Crisis rate), today its estimated value is no longer accurate as the UAC barred UPEC from releasing statistics on the oil fields over security concerns. UPEC also has various commitments around the world, oil searches in Meowipore and Naidun also took place in 1936 and 1943, but the documents relating to the whereabouts of the 'Dragon Oil Field" were "destroyed" before the surrender of the Imperial Dynasty in 1945, though sources debate whether this was true, nor if they ever existed. UPEC also made various surveys of the Second Coalition Tundra, and did locate minor Oil and Gas Fields, but nothing of substantial enough value to gather the relevant investment from the Second Coalition Government. Subsidies from the UIS did pay however for various installations that supply localised fuel production to Isolated communities, who run the near on century old machines essentially without failure. UPEC has also had various failed commitments in other countries, notably akalatia, but more famously during SW2 where Naidunese farmers across the South West of Naidun seemingly duped an entire UPEC expeditionary force into believing that there was a 'Golden Field at the bottom of a concealed gorge, invisible by air and black with Oil'. Believing they had now been told of the equivalent of finding a Kings tomb full of Gold, significant resources of the Imperial War effort were diverted towards this cause. 2 transport aircraft were set off in 1944 attempting to find the Golden Field, but were never seen again. Only one Transport was located in 2013 when a geological survey observed a single anomaly. The other aircraft is yet to be discovered. UPEC currently produces 40% of all of the UIS's oil and around 8% of all global Crude Oil production, and is currently being pursued by the state for various corruption scandals in 2000's. The UIS government owns a 81% major stake in the company and aims either to completely Own and Subsidise the company by 2050 or buy out the remaining stake holders by 2030. The Umbran government has told the UIS Economic commission it does not plan on Selling its stake, as the UIS "currently holds a major global Oil monopoly" and "Umbran Government ownership of UPEC provides an alternative Revenue Stream via Umbran Commitments Worldwide that the UIS will not have access to if Full State Ownership is Acquired"
延長海油石油國 energy (Yanchang Offshore Oil & Petroleum Co. energy) is State owned Oil company in the UIS. Yanchang Offshore Oil & Petroleum Co. energy was founded by 'The Trifecta', "The Alviet, The Nazi Umbran, and The Crown Prince". The True Identities of these individuals and they're existence is a heavily debated subject outside of the UIS, however reference to these individuals as the founders of Yanchang Energy on the UIS Internet does not return any results, only that they were pioneers in cheap offshore production. It however cannot be debated that 3 High ranking Individuals of Umbran, Imperial Dynasty and UCCR origin did come together in 1947 using contacts they had made during SW2. These individuals utilised a financial network post war that included various war criminals, corrupt Allied officials and various hedge funds created using stolen wealth during the war to create the DUK (Deutches United Korporation) Offshore Oil Company. Despite the name, it had nothing to with Umbran Ownership. These 3 individuals Invested heavily in Offshore Oil technology, building on the initial designs like those trialed by Newfoundland in 1923, and by 1958 had built the Worlds Most Profitable Offshore Company. In 1971, the Worldwide Oil Crisis was causing deep problems within the UIS, UPEC was struggling for profitability as it had a limited oil drilling capacity and was selling Oil at significantly lower prices due to UIS government control. DUK was presenting Multi Hundred Billion SGC predictions for oil revenue, and decreased oil production offshore while increasing prices Worldwide. DUK's Shady origins and Monopolisation of the Key Financial Tool of the UIS caused outroar at the government. In 1973, the UIS Economic Committee called for a meeting with 'The Trifecta' asking to either buy major stakes or outright buy the company. The first Talks broke down when 'The Nazi Umbran' refused to bargain over and stormed out with 'The Alviet', who followed him; 20 minutes later, the 'The Crown Prince'. It is unknown what happened during those 20 minutes but some speculate 'The Crown Prince' made deals with the government over State Ownership that targeted the 2 other members of 'The Trifecta'. However, in September 1973, a second summit was agreed to, during transit both helicopters Holding the 2 'Trifecta' members either crashed or disappeared under mysterious circumstances, with only 'The Crown Prince' making it to the summit. All of DUK was left to the UIS government by all 3 members. 'The Crown Prince' has not been seen in public since 1978, but it is assumed he did not die until 2006 where a birth registry listed his death. DUK was Completely reformed into Yanchang Offshore Oil & Petroleum Co. energy and currently operates the worlds largest offshore Oil production facilities. YanChang Co.'s reach extends far beyond home territorial waters, with various installations in internationally grey areas. Most recently YanChang installed a set of 7 oil rigs within GDA territory to little resistance. Its very clear that YanChang leverages its Government ownership for its own gains. YanChang currently produces 60% of all of the UIS's oil and around 10% of all global Crude Oil production.