Conoco-Philips Unit Pleads Guilty To Hiding Oil Spill

Law360, New York (October 24, 2007, 12:00 AM EDT) -- A Conoco-Philips Inc. subsidiary has pled guilty to hiding a 2004 oil spill off the coast of Alaska, and agreed to pay a $500,000 fine and $2 million in community service, the U.S. Attorney for the District of Alaska said Tuesday.

Houston-based Polar Tankers Inc. entered into a plea agreement with the government and pled guilty to failure to maintain an oil record book on its T/V Polar Discovery oil tanker, in violation of the federal Act to Prevent Pollution from Ships, U.S. Attorney Nelson P....
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