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- Exxon made its case to the [http: //www.worldbank.org/icsid/ International Centre for Settlement of Investment Disputes]
- Dispute revolves around the amount of compensation Exxon wants for the 41.7% stake in the Orinoco Belt oil field - worth an estimated $750m
- Venezuela took over the oil project as part of a nationalization drive
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ExxonMobil is seeking arbitration over a dispute with Venezuela about the takeover of its oil assets.
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Exxon Venezuela Oil Dispute Questions
Will the O.A.S. allow Hugo Chavez to be the next Hitler? It's clear this is the direction Venezuela is heading towards. Will it be to late? 3 AnswersAs a Venezuelan I can say that the O.A.S. it's a lost case, they have already allowed Chavez to violate the democratic card not one, but several times. Hugo Ch... read more
Open Thread: Miss Universe Stefania Fernandez wins for Venezuela 4 AnswersI'm from Venezuela and I was watching the pageant yesterday, I was thinking that Stefania is very beautiful, but it was against all the odds, she had not a chan... read more
What are the oil and natural gas resources in Nicaragua? 1 AnswerOil and gas exploring is being done offshore of Nicaragua in the Carribean sea. Infinity Energy Resources and MKJ exploration read more
view more questions...
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