CNOOC oil spill in the U.S. class action was acquired Nixon or obstructed

CNOOC oil spill in the U.S. class action was acquired Nixon or obstructed According to lawsuit, the defendants include CNOOC CEO and CFO Zhong Hua Yang Hua, when CNOOC and ConocoPhillips 193 Penglai oilfield was held to 51% and 49% interest, while the latter for oilfield ConocoPhillips is the operator for the operator CNOOC, CNOOC this is always insisted the reason was their responsibility should be borne primarily by ConocoPhillips It is understood that a class action results in accordance with U.S. law will apply to all qualifying victim, once in favor of the investor or the settlement, the amount of compensation will usually be very alarming, may reach hundreds of millions or even billions. In fact this is not a sudden event also indicted for collective action CNOOC, as early as March this year, the festival has been exposed signs of U.S. law firm F In fact since Nixon announced the acquisition of the case since we know CNOOC entered a troubled, first involved in insider trading case Rongsheng Heavy Industries, and later was acquired by the Malaysian oil company Progress Energy of Canada rejected the Government of Canada regarding the impact of this acquisition also makes the outside world for quite pessimistic about Nixon's case, a class action was now U.S. investors, we should say the situation is very bad.click to read more