Channel: CleanBiz Asia - CleanBiz Asia - News and video on environment, business sustainability and cleantech in Asia

ConocoPhillips agrees $158m pay-out for Bohai Bay spill claims

January 27, 2012, 1:02 am

≫ Next: Investors studying climate risk to key Asian industrial regions

≪ Previous: Shanxi pilots “green insurance” liability scheme

China National Offshore Oil Corp. (CNOOC) said Wednesday that it has reached an agreement with ConocoPhillips China and the Ministry of Agriculture to settle compensation claims stemming from oil spills in north China's Bohai Bay, according to Xinhua.

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