ConocoPhillips (COP +2%) says it will establish a fund to "address [its] responsibilities"...

|About: ConocoPhillips (COP)|By:, SA News Editor

ConocoPhillips (COP +2%) says it will establish a fund to "address [its] responsibilities" related to recent spills in China's Bohai Bay. Conoco has said more than 3,200 barrels of oil and oil-based drilling fluids have leaked from the site since June, but it has clashed with the Chinese government over the extent of the spill.