[BP and Zhejiang Energy Group's Natural Gas Market in China]On May 31, 2023, BP officially signed a joint venture contract with Zhejiang Energy Group's natural gas group and its holding companies to jointly establish a liquefied natural gas trading company to sell LNG through tank truck transportation. This is the first collaboration between BP and Zhejiang Energy Natural Gas. This joint venture is BP's third tank truck LNG trading and sales company in China, with the other two being Shenzhen Dapeng Liquefied Natural Gas Sales Co., Ltd. and Xinying Energy Trading Co., Ltd. Editor/Ma Xue
On May 12, 2026, the first inter provincial point-to-point green power transaction for Guangdong data center cluster was officially completed. Wind and solar new energy from Yunnan, Guangxi and other places will be transported to Guangdong and Hainan, with a focus on ensuring the green electricity consumption needs of power users such as data centers and foreign trade enterprises, and promoting the optimization of regional green energy resources to a higher level.Editor/Gong Ziwei
The national carbon emission trading market launched online trading on July 16, 2021. The latest transaction data shows that as of May 12, 2026, the cumulative transaction volume of CEA in China has exceeded 896 million tons, with a cumulative transaction volume exceeding 60 billion yuan.Editor/Gong Ziwei