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MNYC

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MNYC

Re: None

Monday, 01/02/2012 1:22:17 PM

Monday, January 02, 2012 1:22:17 PM

Post# of 364540
XOM: Venezuela shrinks nationalization payment to Exxon

(Reuters) - Venezuela's PDVSA said on Monday it will pay Exxon Mobil Corp $255 million in compensation for nationalized assets - less than a third of what the U.S. oil giant said it was awarded by an arbitration panel.



http://www.reuters.com/article/2012/01/02/us-venezuela-exxonmobil-idUSTRE8010MC20120102?feedType=RSS&feedName=businessNews&utm_source=dlvr.it&utm_medium=twitter&dlvrit=56943
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