Supreme Court sides with Venezuela over American oil rigs dispute
‘The US Supreme court has ruled against an American oil drilling company, Helmerich & Payne, which claimed Venezuela unlawfully seized 11 drilling rigs in 2010.
A unanimous Supreme Court decision on Monday gave the government of Venezuela another chance to fend off the lawsuit alleging that Caracas illegally seized 11 oil drilling rigs from the Oklahoma-based company in 2010, according to AP.
The justices ruled 8-0 that the lower courts set the bar too low in allowing the lawsuit, brought by Helmerich & Payne International Drilling Company, to move forward.’
Read more: Supreme Court sides with Venezuela over American oil rigs dispute
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