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Venezuela says preliminary Exxon ruling favorable: Venezuela said on Friday a preliminary court ruling signaled ExxonMobil Corp will not win its full compensation claim of $10 billion after President Hugo Chavez nationalized its oil projects in 2007.

|Includes: Exxon Mobil Corporation (XOM)

Oil Minister Rafael Ramirez said the decision by the World Bank's International Center for Settlement on Investment Disputes set a shorter time period for compensation than the U.S. oil giant had requested.

More: www.ordons.com/201006145408/venezuela-sa...


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