Venezuela To Pay $48M To ConocoPhillips After Award Fight
By Morgan Conley ( December 4, 2020, 3:45 PM EST) -- A federal court has approved Venezuela's pledge to pay $48 million to a Dutch ConocoPhillips unit to end litigation in New York federal court seeking to enforce a nearly $34 million arbitral award against the South American country's state-owned oil company for the confiscation of an offshore oil project....
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