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PetroChina Unit Fined $14.5M Over Inaccurate Export Reports

By Gina Kim ( June 25, 2024, 10:19 PM EDT) -- PetroChina International America will pay $14.5 million to settle allegations it misclassified over $32 million worth of ultra-low sulfur diesel fuel for certain export transactions in 2019 and 2020 in violation of export laws, the U.S. Attorney's Office of the Southern District of Texas announced on Tuesday....

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