ConocoPhillips-styled Indian overseas assets seizure to collect $1.4 bn Cairn award – Economic Times

In 2019, ConocoPhillips had moved US courts to seize Venezuelan state oil company PDVSA’s assets to collect USD 2 billion compensation it had won in an arbitration against Venezuela’s 2007 takeover of its assets. PDVSA thereafter paid ConocoPhillips. Read More