Here is an update as of April 21 on the dispute between Venezuela and Exxon.
“Venezuela will go to court this month in the Netherlands to challenge a freeze imposed on the assets of state-owned Petroleos de Venezuela SA at the request of ExxonMobil Corp., the Venezuelan energy minister said here Monday.
Earlier this year, ExxonMobil persuaded courts in Britain, the United States and elsewhere to freeze some $12 billion in PDVSA assets to ensure payment of the compensation the world’s biggest oil company demands from Caracas for nationalization of oilfields in the Orinoco Belt.
That case is now before an international arbitration board.
The British court ruling authorizing the freeze was overturned last month by a judge in London.”
More recent news than late April on the issue does not appear in Google News.
