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Exxon Mobil: $908 million awarded in Venezuela dispute

from The Associated Press via Yahoo News

An international arbitration body has awarded Exxon Mobil Corp. nearly $908 million in a dispute with Venezuela over compensation for the nationalization of its assets, the company said. Exxon Mobil sought arbitration after President Hugo Chavez's government nationalized an oil project in the country in 2007. more


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