UPDATE 2-ConocoPhillips settles with Venezuela’s PDVSA to recover $2 bln
19 Aug UPDATE 2-ConocoPhillips settles with Venezuela’s PDVSA to recover $2 bln
Posted at 14:03h
in
News
by KMFSLLP
U.S. oil producer ConocoPhillips
will recover about $2 billion under a settlement with
Venezuela’s state-run oil company, PDVSA, ending a long-running
dispute over the fallout of the nationalization of the country’s
oil industry.
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