Offshore oil rules may be overhauled

Government looking at revising regulations following Bohai spill

BEIJING-The government may revise regulations covering joint offshore oil exploration with foreign companies following a spill off the northeastern coast at a field operated by ConocoPhillips China, sources said.

The proposed revision is being led by the Ministry of Land and Resources (MLR) and aims to strengthen government oversight of offshore oil and gas exploration involving foreign enterprises, according to a source who requested anonymity.