Venezuela will not recognize World Bank ruling in Exxon case - Yahoo! News: The government has insisted Exxon receive only slightly more than the $750 million it said is invested in the project. Last September, Venezuela offered to settle for $1 billion.
For years, Chavez has confronted oil companies with tax hikes and contract changes aimed at increasing revenue from the industry to fund state-led anti-poverty development programs.
Original Realmtography (Part 2)
2 years ago
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