Norway State Wealth Fund To Dump ALL Oil And Gas Stocks; Venezuela Owes COP $8 Billion-- March 8, 2019

Link here.

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Yeah, Like COP Will See This Any Time Soon

From SeekingAlpha:

• Venezuela must pay more than $8B to ConocoPhillips (COP -4.2%) for the country’s seizure of the company’s oil assets in 2007, according to a ruling from a World Bank arbitration tribunal
• the award plus an earlier $2B arbitration award makes COP the biggest victor in claims from a wave of nationalizations in Venezuela last decade, but the country still could contest the ruling
• the tribunal found the takeover unlawful in 2013 and rejected Venezuela’s request for reconsideration in 2017
• COP shares are lower along with most oil and gas names as crude oil prices fall sharply today