Free Preview of Members-Only Content

To view the requested intelligence, you must be a Stratfor.com member.

Venezuelan state oil major Petroleos de Venezuela (PDVSA) said Feb. 12 that it will “paralyze” all commercial contact with U.S. supermajor ExxonMobil in retaliation for the firm obtaining international judgments that effectively freeze $36 billion in PDVSA assets. The two companies are engaged in a legal battle, with ExxonMobil attempting to gain compensation for a heavy oil project that PDVSA expropriated in 2007. But while the threat certainly sounds good, it changes very little on the ground.

Stratfor Members, please log in at the top left hand corner
Get Stratfor's Free Intelligence
Objective Facts and Non-partisan Analysis

Stratfor delivers premier analysis and insightful intelligence on the events and issues that shape your world! Become part of a community that wants to understand what's really happening in the world, doesn't have time for fluff, partisanship, and noisy clutter. Enjoy free Intelligence written by:

  • Dr. George Friedman – Geopolitics
  • Fred Burton & Scott Stewart - Terrorism & Security

Delivered to your inbox FREE!

Get right to the salient points and receive:

  • Situational Awareness - What's happening that you need to know?
  • Analysis - What do today's events mean to you?
  • Insight – no partisan agenda & no ideological bias

Stratfor is the world's leading private sector source of geopolitical intelligence. Sign up today and enjoy free intelligence.


SIGN UP FOR INTELLIGENCE UPDATES NOW!