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ConocoPhillips and CNOOC face legal action

A group of 21 Chinese firms are taking legal action against CNOOC and ConocoPhillips for losses incurred due to oil spills. The bid, which is calling for more than $22.8million in compensation, was made after there were leaks at the Penglai 19-3 oilfield in 2011. The spills polluted 6,200 square km of water in the Bohaj Bay area and the field was finally sealed in October this year.