Petroleum giant ConocoPhillips filed $25 million in false insurance claims over 14 years for cleanup of leaky underground storage tanks, a state lawsuit charged. The lawsuit filed earlier this week in 3rd District Court accused the Houston-based multinational company of …
ConocoPhillips has tentatively agreed to pay Colorado $137 million for oil and gas underlying the old Lowry bombing range in Arapahoe County. The Denver Post reported that an agreement signed Friday covers 21,048 acres. In addition to the $137 million …
U.S. energy giant ConocoPhillips moved to repair its frayed relations with Chinese regulators on Wednesday, apologizing for an oil spill in northern China’s Bohai Bay and saying it will establish a fund to address the company’s responsibilities. The company said …
China’s State Oceanic Administration (SOA) has ordered a subsidiary of ConocoPhillips to halt all operations at the Penglai 19-3 oilfield in northern China’s Bohai Bay, saying the company has failed to seal a leak that has lasted more than two …
A subsidiary of ConocoPhillips said it has started evaluating the impact of its oil spill on the marine environment in China’s northern Bohai Bay, but it has not yet received any claims for the incident. State media have said fishermen …
