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Monday, January 2, 2012

Al Jazeera English: Exxon awarded $908m over Venezuela dispute



Exxon was awarded $908 million by international arbiters for a heavy crude upgrading project in the Orinoco Belt. 


The government of Venezuela had previously offered Exxon $1 billion after it nationalized the Exxon facility, , but the US conglomerate wanted $10 billion.

source: Exxon awarded $908m over Venezuela dispute - Americas - Al Jazeera English

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