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PetroChina International wins first carbon credits traded on Japan’s stock exchange

October 17, 2023 Comments Off

PetroChina International, the global trading arm of national oil company PetroChina, said late Oct. 14 that it has won the first physically traded Japanese carbon credits, or J-credits, transacted on Tokyo Stock Exchange’s new carbon trading platform. The announcement underscores the participation of PetroChina, a subsidiary of state-owned China National Petroleum Corp, one of the world’s largest oil and gas…