Ecuador To Pay ConocoPhillips $337M In Settlement Of ICSID Award

(December 5, 2017, 12:54 PM EST) -- HOUSTON — ConocoPhillips on Dec. 4 announced that the Republic of Ecuador and its subsidiary reached an agreement in relation to the payment of an international arbitral award (Burlington Resources Inc., et al. v. Republic of Ecuador, No. ARB/08/5, ICSID)....