Venezuela Oil Co. On The Hook For $40M Bond A New York judge has ordered Venezuela's national oil company to repay about $40 million it owed to a Portuguese pipeline company on a defaulted bond, saying the oil giant failed to prove that it was impossible to repay the debt due to U.S. sanctions. Posted: March 5, 2021, 9:16 pm

 Venezuela Oil Co. On The Hook For $40M Bond

A New York judge has ordered Venezuela's national oil company to repay about $40 million it owed to a Portuguese pipeline company on a defaulted bond, saying the oil giant failed to prove that it was impossible to repay the debt due to U.S. sanctions.

Posted: March 5, 2021, 9:16 pm