ConocoPhillips wins US$2 billion against PDVSA
Houston, where ConocoPhillips is based (Credit: istockphoto)
UPDATED. US oil company ConocoPhillips has been awarded US$2 billion, one of the largest ICC awards in history, in a case against Venezuela's national oil and gas company PDVSA for the expropriation of two heavy crude oil projects more than a decade ago.
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