ASIA

CNOOC pledges $A78M to protect environment

CNOOC has demonstrated its commitment to environmental protection following the Bohai Bay oil spill offshore China earlier this year, promising an initial 500 million yuan ($A78 million) to establish a marine protection foundation.

Marija Stojkovic

The Chinese national oil company said it submitted an application to the Ministry of Civil Affairs for the establishment of the CNOOC Marine Environmental and Ecological Protection Public Welfare Foundation....

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