Enforcing pacta sunt servanda? : Conoco-Phillips and Exxon-Mobil versus the Bolivarian Republic of Venezuela and Petróleos de Venezuela

In 2007, the government of Venezuela decided to re-structure certain oil projects, known as Associations, so as to bring them in line with the 2001 Hydrocarbons Law. In response, ExxonMobil and ConocoPhillips decided to exit Venezuela. Supposedly motivated by a commitment to uphold the principle of...

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Detalles Bibliográficos
Autor principal: Boué, Juan Carlos - Autor/a
Formato: Text draft Doc. de trabajo / Informes
Lenguaje:Eng
Publicado: Center of Latin American Studies. University of Cambridge 2016
Materias:
Acceso en línea:http://biblioteca.clacso.edu.ar/gsdl/collect/gb/gb-002/index/assoc/D12251.dir/pdf_1360.pdf
Aporte de:
id I16-R122-D12251
record_format dspace
institution Consejo Latinoamericano de Ciencias Sociales
institution_str I-16
repository_str R-122
collection Red de Bibliotecas Virtuales de Ciencias Sociales (CLACSO)
language Eng
topic Industria petrolera
Empresas
Demanda
Negociaciones internacionales
spellingShingle Industria petrolera
Empresas
Demanda
Negociaciones internacionales
Boué, Juan Carlos - Autor/a
Enforcing pacta sunt servanda? : Conoco-Phillips and Exxon-Mobil versus the Bolivarian Republic of Venezuela and Petróleos de Venezuela
topic_facet Industria petrolera
Empresas
Demanda
Negociaciones internacionales
description In 2007, the government of Venezuela decided to re-structure certain oil projects, known as Associations, so as to bring them in line with the 2001 Hydrocarbons Law. In response, ExxonMobil and ConocoPhillips decided to exit Venezuela. Supposedly motivated by a commitment to uphold the principle of sanctity of contract, the companies subsequently initiated a series of arbitrations involving some of the largest claims ever put before international tribunals. However, the bargains that the companies insist they are defending are not reflected in the agreements that they had actually signed. Thus, these arbitrations amount to an attempt on the part of these companies to use international arbitral tribunals to re-draft on their behalf the contracts they had negotiated, so as to secure a windfall (which they had never bargained for) upon their exit from Venezuela.
format Text
draft
Doc. de trabajo / Informes
author Boué, Juan Carlos - Autor/a
author_facet Boué, Juan Carlos - Autor/a
author_sort Boué, Juan Carlos - Autor/a
title Enforcing pacta sunt servanda? : Conoco-Phillips and Exxon-Mobil versus the Bolivarian Republic of Venezuela and Petróleos de Venezuela
title_short Enforcing pacta sunt servanda? : Conoco-Phillips and Exxon-Mobil versus the Bolivarian Republic of Venezuela and Petróleos de Venezuela
title_full Enforcing pacta sunt servanda? : Conoco-Phillips and Exxon-Mobil versus the Bolivarian Republic of Venezuela and Petróleos de Venezuela
title_fullStr Enforcing pacta sunt servanda? : Conoco-Phillips and Exxon-Mobil versus the Bolivarian Republic of Venezuela and Petróleos de Venezuela
title_full_unstemmed Enforcing pacta sunt servanda? : Conoco-Phillips and Exxon-Mobil versus the Bolivarian Republic of Venezuela and Petróleos de Venezuela
title_sort enforcing pacta sunt servanda? : conoco-phillips and exxon-mobil versus the bolivarian republic of venezuela and petróleos de venezuela
publisher Center of Latin American Studies. University of Cambridge
publishDate 2016
url http://biblioteca.clacso.edu.ar/gsdl/collect/gb/gb-002/index/assoc/D12251.dir/pdf_1360.pdf
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