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Venezuela ordered to pay ConocoPhillips US$8B

World Bank rules 2007 expropriation unlawful

Paul Hunt
Venezuela ordered to pay ConocoPhillips US$8B

  In 2007 ConocoPhillips and ExxonMobil were pushed out of Venezuela after then-president Hugo Chavez moved to nationalise the country's oil fields and increase the state oil company's interests in assets. ...

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