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ConocoPhillips Wins $8.7B From Venezuela Over Oil Projects

By Caroline Simson ( March 8, 2019, 1:01 PM EST) -- Venezuela must pay ConocoPhillips more than $8.7 billion for nationalizing three oil projects it had invested in, an international tribunal ruled on Friday, giving the U.S. company another win nearly a year after being awarded $2 billion in a related dispute with the crisis-stricken nation's state-owned oil company....

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