China Fishermen Sue ConocoPhillips For Oil Spill-DJ

Dow Jones reported that a group of Chinese fishermen have sued ConocoPhillips in a U.S. court, seeking over $130 million in compensation for an oil spill off China's coast last year. Thirty fishermen from the eastern province of Shandong this week filed the lawsuit against ConocoPhillips in the U.S. city of Houston, Texas, where the oil giant is headquartered. Another 470 are also preparing to lodge suits, said Ms. Guo, one of the advisers to the fishermen. ConocoPhillips said it hadn't received any official notice of the lawsuits but that it was inappropriate for any such claims to be handled by U.S. courts.