Friday, February 8, 2008

Exxon Mobil claims triumph over Venezuela, Caracas denies

Exxon Mobil Corp, the world's largest oil company, claimed a victory Friday in its dispute with Venezuela over the nationalization of its oil fields in the South American country.
The Houston-based company said that courts in Europe and elsewhere froze 12 billion dollars in funds from the Venezuelan state energy company, Petroleos de Venezuela (PDVSA).

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