HONG KONG -- PetroChina, China's largest oil group by assets, will establish an investment fund with its parent to help fuel growth in new sources of energy, a response to President Xi Jinping's goal to achieve carbon neutrality by 2060.
Energy
PetroChina sets up $1.5bn clean-energy investment fund
Xi's carbon neutrality target pushes oil majors to take real actions
PetroChina says the goal of the new CNPC Kunlun Capital investment company is to incubate and develop "new technologies and new business scenarios." © Reuters
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