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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
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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 -
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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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