ConocoPhillips sets up oil spill fund for Bohai Bay field

ConocoPhillips plans to establish a fund related to June oil spills at Penglai 19-3 field in Bohai Bay, saying the fund will be designed to address ConocoPhillips’s responsibilities in accordance with relevant laws of China and to benefit the general environment in Bohai Bay (OGJ Online, Sept. 6, 2010).

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