Monday, January 25, 2021

ConocoPhillips-styled Indian overseas assets seizure to collect $1.4 bn Cairn award

In 2019, ConocoPhillips had moved US courts to seize Venezuelan state oil company PDVSA's assets to collect USD 2 billion compensation it had won in an arbitration against Venezuela's 2007 takeover of its assets. PDVSA thereafter paid ConocoPhillips.

from Energy-Industry-Economic Times https://ift.tt/2Yenxlp

No comments:

Post a Comment