Conoco moves to take over Venezuelan PDVSA's Caribbean assets: sources

HOUSTON (Reuters) - U.S. oil firm ConocoPhillips has moved to take Caribbean assets of Venezuela's state-run PDVSA to enforce a $2 billion arbitration award over a decade-oil nationalization of its projects in the South American country, according to two sources familiar with its actions.

from Reuters: Business News https://ift.tt/2roADwx