ConocoPhillips to create fund for Bohai Bay oil spills

摘要

Singapore-ConocoPhillips said late September 6 that it will establish a fund to address its "responsibilities" related to the oil spills at Penglai 19-3 oil field in China's Bohai Bay. The fund will be designed to meet the company's responsibilities "in accordance with relevant laws of China and to benefit the general environment in Bohai Bay," Cono-coPhillips said in its statement.