Post Tagged with: "Chavez"

ConocoPhillips Due $2.04 Billion from Venezuela: Tribunal

ConocoPhillips Due $2.04 Billion from Venezuela: Tribunal

Final and binding ICC award is for “Venezuela’s unlawful and uncompensated expropriation of ConocoPhillips’ investments”

ConocoPhillips (NYSE: COP) said that an international arbitration tribunal ruled it was due $2.04 billion from Petróleos de Venezuela, S.A. (PDVSA) and two of its …