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KM Financial Solutions | UPDATE 6-ConocoPhillips and Venezuela’s PDVSA reach $2 bln settlement
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UPDATE 6-ConocoPhillips and Venezuela’s PDVSA reach $2 bln settlement

19 Aug UPDATE 6-ConocoPhillips and Venezuela’s PDVSA reach $2 bln settlement

Posted at 23:58h in News by
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U.S. producer ConocoPhillips and
Venezuela’s PDVSA have reached a payment agreement over a $2
billion arbitration, the companies said on Monday, suspending a
dispute that blocked the state-run company from exporting oil
from most of its key Caribbean facilities.

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