Conoco authorized to seize $636 million in Venezuela PDVSA assets

May 12, 2018 by  
Filed under News

WILLEMSTAD Reuters – – A Curacao court has authorized ConocoPhillips to seize about $636 million in assets belonging to Venezuela’s state oil company PDVSA due to the 2007 nationalization of the U.S. oil major’s projects in Venezuela.

Source: Reuters Business News

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