Seeking Alpha
Seeking Alpha Portfolio App for iPad
Finance
(1)
Market Currents

ConocoPhillips (COP) is awarded $66M by an international arbitration panel in a dispute with...

  • Friday, September 21, 2012, 6:22 PM ET
    ConocoPhillips (COP) is awarded $66M by an international arbitration panel in a dispute with Venezuela's state-controlled oil company over oil production at its former facilities in the country. Hugo Chavez has said he won't accept rulings by the global arbitration forum, so the award is little more than a moral victory - "not a needle mover."
Track new comments on this story

This news story has 7 comments:

  •  
    Terminate him...
    22 Sep 2012, 04:49 AM Reply Like
  •  
    Agreed!
    23 Sep 2012, 06:21 AM Reply Like
  •  
    Little care for the rule of law, the tyrants method.
    23 Sep 2012, 05:57 AM Reply Like
  •  
    Why expect a tyrant to respect the rule of International law? For Conoco and all others who conduct business in potentially hostile places, this is to be considered the new normal....
    23 Sep 2012, 05:57 AM Reply Like
  •  
    Question: Is there an available legal process that would allow expropriation by COP/PSX of any property value in the PDVSA share of the JV unit at Sweeny Refinery from PDVSA as restitution/retribution?
    23 Sep 2012, 06:24 AM Reply Like
  •  
    I have history and interest in COP/PSX.
    23 Sep 2012, 06:26 AM Reply Like
  •  
    Not equipped for pictures
    25 Sep 2012, 03:22 PM Reply Like
LATEST|
TODAY SO FAR|
YESTERDAY
Other date
DJIA (DIA) S&P 500 (SPY)
Latest Energy & Materials Articles
More Latest Articles »