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China oil spill

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China oil spill: CNOOC, ConocoPhillips agree to pay $266 million in compensation
China National Offshore Oil Corp and ConocoPhillips have agreed to pay $1.68 billion yuan in compensation for damage caused by a series of oil spills last year.
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China oil spill

This photo taken on July 26, 2011 shows Chinese holidaymakers swimming off the country's northern coast despite oil sludge washed ashore by the spill in Bohai Bay.

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AFP/Getty Images