ConocoPhillips ends dispute with Venezuela’s state-owned energy company
US energy giant gets $2bn settlement with Venezuela’s state-owned oil company following what it called a breach of contractual commitments. The dispute end may see higher oil volumes leave the South American country’s Caribbean facilities after exports slumped
Venezuela exported 3.8m bpd in April to June this year, down from 5.4m bpd over the same period a year earlier
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