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SOUTH AMERICA

ConocoPhillips in court win

CONOCOPHILLIPS has enjoyed a win in the World Bank, which ordered Ecuador to pay $US380 million ($A498 million) in damages in return for the unlawful expropriating the company's oil investments by the government.

Haydn Black
ConocoPhillips in court win

The Houston-headquartered oiler had stakes in two blocks operated by France's Perenco that were seized by Ecuadorean President Rafael Correa's government in 2009.   During Correa's 2006 election campaign...

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