Chinese Officials Want Conoco To Apologize

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Officials from China's North China Sea branch of the State Oceanic Administration (SOA) are asking ConocoPhillips, the third-largest U.S. oil company, to apologize for what the regulators view as a slow response time to two leaks from two of the company's platforms in the North China Sea.

Earlier this week, Texas-based ConocoPhillips (COP) said the amount of oil leaked from the platforms is likely higher than previous estimate of 1,500 barrels. SOA also urged the company to hand in a comprehensive assessment report concerning its clean-up efforts, according to China Daily.

The U.S. company first reported the spills in late June. The oil spills have been seen spreading to beaches in the northern Hebei Province and northeastern Liaoning Province, China Daily reported. ConocoPhillips has maintained it is moving swiftly to cleanup the spills.

The U.S. firm and its Chinese partner, Cnooc (CEO) have come under fire for not being transparent about the true extent of the leaks. Cnooc is China's largest offshore oil exploration firm and the country's third-largest oil producer overall.