Recent Topics
Laundering microfiber applicator pads
by wdn
08/18/18 12:59 PM
94 Honda Civic LX 1.6L Brake Master Cylinder
by Gito
08/18/18 12:34 PM
Recommendations for best oil filter for a
by dawgn86
08/18/18 12:32 PM
2016 Chevy Colorado - 6202 mi interval - RP 5w30
by c5z06
08/18/18 12:20 PM
Audi Will No Longer Sell A Manual Transmission In The US
by wemay
08/18/18 11:32 AM
West Coast Shaving - Free shipping - Continental US
by kwijibo
08/18/18 11:29 AM
Instant Karma
by Uphill_Both_Ways
08/18/18 11:08 AM
Any way to take plastic trim off inside Civic hatchback?
by paulri
08/18/18 10:35 AM
gas powered bicycle
by andyd
08/18/18 10:10 AM
Tire repair kits ?????
by Oldtom
08/18/18 09:54 AM
What mountain bikes for the wife and I
by skyactiv
08/18/18 09:39 AM
Cj-4 sae30?
by Chris142
08/18/18 08:51 AM
Do you warn drivers of a speed trap with your headlights?
by rollinpete
08/18/18 08:24 AM
Job contract question
by Lolvoguy
08/18/18 12:50 AM
Need advise/input on tires
by Lolvoguy
08/18/18 12:24 AM
2003 GMC Sierra rear differential oil
by Carbon12
08/18/18 12:00 AM
Bilstein dealers in Canada??
by BrianF
08/17/18 11:59 PM
Idemitsu ATF TLS-LV vs. Toyota WS ATF for a Lexus GS350
by JeffKeryk
08/17/18 11:23 PM
2007 BMW X5 (4.8), EDGE 0W-40, 5k OCI, 108k
by 1JZ_E46
08/17/18 10:52 PM
Outdoor vs. Indoor Shooting range
by FirstNissan
08/17/18 09:36 PM
Newest Members
GJM120, HotFootHank, b_fuss, ostneb, Baxter2
65737 Registered Users
Who's Online
85 registered (Astro14, 45CBXs, 4WD, 555, andyd, 77GrandPrix, 10 invisible), 1834 Guests and 30 Spiders online.
Key: Admin, Global Mod, Mod
Forum Stats
65737 Members
67 Forums
288910 Topics
4818910 Posts

Max Online: 3590 @ 01/24/17 08:07 PM
Donate to BITOG
Topic Options
#4739181 - 04/26/18 03:50 AM Conoco Phillips Wins Judgement Against PDVSA
Nyogtha Online   content


Registered: 10/13/14
Posts: 2358
Loc: San Antonio, TX
Conoco Phillips won a $2 billion judgement against seizure of its assets in Venezuela last decade, which of course became part of the Venezuelan national oil company PDVSA. This judgement represents about 20% of the Venezuelan government reserves. What remains to be seen is CoP actually collecting the judgement it was awarded.

https://www-foxnews-com.cdn.ampproject.o...ezuela.amp.html


And Chevron has evacuated its workers from Venezuela in the wake of employees being arrested on charges of treason for not signing an inflated supply contract agreement, previously posted. See also in the article below how many companies (not all American) have written off their investments in Venezuela and / or are awaiting overdue payments.


https://mobile-reuters-com.cdn.ampproject.org/c/s/mobile.reuters.com/article/amp/idUSKBN1HW2BD


Edited by Nyogtha (04/26/18 04:11 AM)
_________________________
"No matter how paranoid you are you're not paranoid enough. Tell the truth. Reach as many people as you can with it. That's your weapon." - Susanne Modeski, aka "Holly" to The Lone Gunmen

Top
#4739197 - 04/26/18 04:56 AM Re: Conoco Phillips Wins Judgement Against PDVSA [Re: Nyogtha]
wemay Online   happy


Registered: 04/04/12
Posts: 9156
Loc: Miami Florida
The arrests of Chevron executives pushed them over the edge. I would pull out every asset asap if i were one of these multinationals.
_________________________
'18 KIA Sportage LX AWD
Magnatec 5W30

'13 Hyundai Santa Fe 2.0T
VFS 5W30

Top
#4739271 - 04/26/18 07:24 AM Re: Conoco Phillips Wins Judgement Against PDVSA [Re: wemay]
daves87rs Offline


Registered: 02/23/09
Posts: 17034
Loc: Michigan
Originally Posted By: wemay
The arrests of Chevron executives pushed them over the edge. I would pull out every asset asap if i were one of these multinationals.



Agreed. Things are going to get nasty....
_________________________
Coming together is a beginning; keeping together is progress; working together is success.

Henry Ford

Top
#4739328 - 04/26/18 08:05 AM Re: Conoco Phillips Wins Judgement Against PDVSA [Re: Nyogtha]
Virtus_Probi Offline


Registered: 06/25/15
Posts: 4199
Loc: New England
Venezuela and its oil industry circling the bowl are also other factors pushing worldwide oil prices up...
_________________________
2014 Forester XT, 86000 miles
Last Change;
M1 5W30 d1G2
Tokyo Roki 15208AA170 filter

Top
#4739339 - 04/26/18 08:15 AM Re: Conoco Phillips Wins Judgement Against PDVSA [Re: Nyogtha]
pbm Online   content


Registered: 04/19/04
Posts: 7699
Loc: New York
What's really sad is that so many Americans want Venezuela type government here.....
_________________________
'Journalism is Dead'

Top
#4739428 - 04/26/18 09:52 AM Re: Conoco Phillips Wins Judgement Against PDVSA [Re: Nyogtha]
JohnnyJohnson Offline


Registered: 10/22/09
Posts: 3022
Loc: Wet side WA
Now the only trick is going to be getting the money when was the last time you ever saw a communist country that honored any court decision that went against them.
_________________________
2004 Corolla 123807
Out: VML 5w-30 TG4967 OCI 5007 Miles
In: Castrol EDGE EP 5W-30 Bosch 3311 122537 7-18-18
2006 Duramax 74202
Out: T6 5W-40 M1-303
In: T6 5W-40 XG9100 74705 4-22-18

Top
#4739532 - 04/26/18 11:32 AM Re: Conoco Phillips Wins Judgement Against PDVSA [Re: JohnnyJohnson]
wemay Online   happy


Registered: 04/04/12
Posts: 9156
Loc: Miami Florida
Originally Posted By: JohnnyJohnson
Now the only trick is going to be getting the money when was the last time you ever saw a communist country that honored any court decision that went against them.


Exactly.
_________________________
'18 KIA Sportage LX AWD
Magnatec 5W30

'13 Hyundai Santa Fe 2.0T
VFS 5W30

Top
#4755311 - 05/12/18 07:45 PM Re: Conoco Phillips Wins Judgement Against PDVSA [Re: pbm]
Oregoonian Offline


Registered: 02/06/10
Posts: 2766
Loc: Bend, Oregon
Originally Posted By: pbm
What's really sad is that so many Americans want Venezuela type government here.....
How very true...........
_________________________
03' Ford Focus SE(2.3L Duratec PZEV)/ 140K +
Pnz. Ultra 0w20 / Fram 'Ultra'/ OCI: 8000 +/-
ATF: Mercon V w/Lubegard Red


Top
#4755312 - 05/12/18 07:46 PM Re: Conoco Phillips Wins Judgement Against PDVSA [Re: Nyogtha]
Oregoonian Offline


Registered: 02/06/10
Posts: 2766
Loc: Bend, Oregon
Originally Posted By: pbm
What's really sad is that so many Americans want Venezuela type government here.....
How very true...........
_________________________
03' Ford Focus SE(2.3L Duratec PZEV)/ 140K +
Pnz. Ultra 0w20 / Fram 'Ultra'/ OCI: 8000 +/-
ATF: Mercon V w/Lubegard Red


Top