Venezuela angered by ConocoPhillips move on Caribbean oil

Venezuela angered by ConocoPhillips move on Caribbean oilVenezuela on Thursday strongly rejected the takeover of its Caribbean oil stocks by ConocoPhillips, after the US company enforced a $ 2 billion international arbitration award last month. A ConocoPhillips source said the company was enforcing the award at four locations in the Caribbean, without specifying the facilities affected. Press reports said the affected assets are in Curacao, Bonaire and Saint Eustace.



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Venezuela angered by ConocoPhillips move on Caribbean oil

Venezuela angered by ConocoPhillips move on Caribbean oilVenezuela on Thursday strongly rejected the takeover of its Caribbean oil stocks by ConocoPhillips, after the US company enforced a $ 2 billion international arbitration award last month. A ConocoPhillips source said the company was enforcing the award at four locations in the Caribbean, without specifying the facilities affected. Press reports said the affected assets are in Curacao, Bonaire and Saint Eustace.



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