05 March 2015 – A New York district court on Wednesday rejected Venezuela’s bid to reduce interest on a $1.6 billion award that an international tribunal had ordered it to pay ExxonMobil in compensation for nationalisations. The decision is a setback for the South American Opec member that has also sought revisions to the International […] More »
Thursday, 5 March 2015
Venezuela must pay interest on ExxonMobil bill
05 March 2015 – A New York district court on Wednesday rejected Venezuela’s bid to reduce interest on a $1.6 billion award that an international tribunal had ordered it to pay ExxonMobil in compensation for nationalisations. The decision is a setback for the South American Opec member that has also sought revisions to the International […] More »
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