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KM Financial Solutions | UPDATE 4-ConocoPhillips, Venezuela’s PDVSA reach $2 bln settlement
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UPDATE 4-ConocoPhillips, Venezuela’s PDVSA reach $2 bln settlement

19 Aug UPDATE 4-ConocoPhillips, Venezuela’s PDVSA reach $2 bln settlement

Posted at 19:14h in News by
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U.S. producer ConocoPhillips and
Venezuela’s PDVSA have reached a payment agreement on a
$2-billion arbitration award, the companies said, suspending a
dispute that blocked the state-run firm from exporting oil from
most of its key Caribbean facilities.

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