27 April 2024
ConocoPhillips content as PDVSA pays up despite Venezuela’s economic crisis
Publication date: 01 May 2019
Gas Strategies Group
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Venezuela’s national oil company PDVSA has paid the first tranche of a USD 2 billion arbitration award owed to ConocoPhillips, defying expectations that the US energy company would join a long list of creditors waiting to be paid by the cash-strapped NOC.
ConocoPhillips CFO Don Wallette said ...