China court orders ConocoPhillips to pay fishermen for spill
Source: AP
BEIJING (AP) — A Chinese court on Friday ordered ConocoPhillips to pay 1.68 million yuan ($265,000) to 21 fishermen who said their livelihoods suffered from oil spills in northern China in 2011, state media reported.
The verdict from a court in Tianjin city followed nearly four years of haggling between the fishermen and the company, the official Xinhua News Agency said.
In June 2011, spills from an oilfield jointly owned by the Chinese subsidiary of Houston-based ConocoPhillips and China National Offshore Oil Corp., China's main offshore oil and gas producer, drained into the Bohai Sea and its bay.
In 2012, ConocoPhillips and CNOOC reached a $160 million agreement with the Agriculture Ministry to settle compensation claims.
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Read more: http://bigstory.ap.org/article/4d51a15608f04f0ba30b4db84de8a44b/china-court-orders-conocophillips-pay-fishermen-spill
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