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Sunday, May 6, 2018

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

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What will be in the chancellor's Spring Statement?

Chancellor Rachel Reeves will give more detail about the government's plans for the economy. from BBC News https://ift.tt/GkI7Cuc