ConocoPhillips (COP), the U.S. oil giant, has achieved a significant legal victory in its long-standing battle to recover compensation from Venezuela’s state-owned oil company, PDVSA.
Venezuela’s former oil minister Pedro Tellechea has been arrested over alleged crimes at state-owned energy company PDVSA. He was the second former oil minister detained by government officials ...
The U.S. sanctions on Venezuela, particularly on PDVSA, have been part of a broader strategy to pressure the Venezuelan ...