Trinidad and Tobago's High Court reaffirmed its decision on Thursday to recognize U.S. oil producer ConocoPhillips' arbitration claim against Venezuela. This ruling allows ConocoPhillips to potentially freeze payments to Venezuela from joint natural gas projects,...
ConocoPhillips has won a favorable court ruling in Trinidad and Tobago, enabling the company to enforce a $1.3 billion arbitration award against Venezuela. This development, reported by Reuters on May 29, has raised concerns over the potential impact on natural gas...
