ConocoPhillips Being Sued Over Attempt to Buy Petroleos De Venezuela SA's Interest In JV (COP)
Saturday, March 6, 2010 - 12:29
Written on Sat, 03/06/2010 - 12:29pm
By Chip Brian

3/6/2010- Petroleos de Venezuela SA is suing ConocoPhillips (NYSE:COP) over Conoco's attempt to buy PDVSA's interest in their jointly-owned Merey Sweeney LP unit.
Venezuelan Oil Minister Rafael Ramirez announced the lawsuit last week.
A spokesman for Conoco declined to provide the location for the arbitration hearings and said the company wouldn't give any more details on the case.

Keywords: ConocoPhillips finance stock market Business News smartrend

Ticker(s): COP

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