ConocoPhillips, Venezuela's PDVSA reach $2 billion settlement over seized oil projects in the Caribbean

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ConocoPhillips, Venezuela's PDVSA reach $2 billion settlement over seized oil projects in the Caribbean https://cnb.cx/2Pu8Q8n More than a decade ago, Venezuela seized several oil projects from ConocoPhillips without compensation. But ConocoPhillips recently announced that the Venezuela state oil company will pay a $2 billion judgment over nearly five years as a way of making amends, The New York Times reports.   https://ift.tt/2PddWW7 August 21, 2018 at 09:07AM Energy https://cnb.cx/2KU3Ztw

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