Conoco gets $345 million in cash and commodities from Venezuela’s PDVSA

26 October 2018, News Wires — U.S. oil producer ConocoPhillips on Thursday said it received $345 million in cash and commodities last quarter from Venezuelan state oil firm PDVSA under a settlement that came after Conoco seized some of PDVSA’s assets in the Caribbean. The proceeds were part of a first installment under a deal to … More »