Lawyers from Venezuela's state-owned energy company Petroleos de Venezuela (PDVSA) and U.S. company ConocoPhillips agreed in Curacao on May 21 to lift liens of PDVSA assets, Argus reported May 22. The two sides are close to reaching a deal on a $2 billion arbitration award that PDVSA owes ConocoPhillips.

Venezuela: State Oil Company to Pay Debt Owed to ConocoPhillips

Lawyers for Venezuela's state-owned energy company Petroleos de Venezuela (PDVSA) and ConocoPhillips lawyers met on May 21 in Curacao and agreed to lift liens on PDVSA assets, Argus reported May 22. The two are close to reaching a deal on a $2 billion arbitration award that PDVSA owes ConocoPhillips.

Venezuela: State Oil Company to Pay ConocoPhillips Debt

Venezuela

Energy

Lawyers from Venezuela's state-owned energy company Petroleos de Venezuela (PDVSA) and U.S. company ConocoPhillips agreed in Curacao on May 21 to lift liens of PDVSA assets, Argus reported May 22. The two sides are close to reaching a deal on a $2 billion arbitration award that PDVSA owes ConocoPhillips. 

SITUATION REPORT

Venezuela: State Oil Company to Pay Debt Owed to ConocoPhillips

Subscribe to view this article