Conoco Seizes Venezuelan Oil Assets in Curaçao

Conoco Seizes Venezuelan Oil Assets in Curaçao

WILLEMSTAD, Curaçao—A court on the Dutch island of Curaçao has authorized the local subsidiary of U.S. oil giant ConocoPhillips to seize $636 million worth of assets held on the island by Petróleos de Venezuela SA. The move comes as Houston’s Conoco seeks to recover $2 billion in a decade-old dispute over the expropriation of itsRead more about Conoco Seizes Venezuelan Oil Assets in Curaçao[…]