Conocophillips, Venezuela's Pdvsa Reach $2 Billion Settlement

U.S. producer ConocoPhillips and Venezuela's PDVSA have reached a payment agreement on a $2-billion arbitration award, the companies said, suspending a dispute that blocked the state-run firm from exporting oil from most of its key Caribbean facilities.

Topics:  conocophillips   venezuela's pdvsa   caribbean   reach   billion   
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