U.S. Supreme Court sides with Venezuela over oil rigs claim

2 May 2017   Venezuela

The U.S. Supreme Court on Monday ruled against an American oil drilling company that claimed Venezuela unlawfully seized 11 drilling rigs in 2010. Siding with Venezuela, the justices ruled 8-0, with Justice Neil Gorsuch not participating, to throw out a 2015 decision by the U.S. Court of Appeals for the District of Columbia Circuit that allowed one of the claims made by Oklahoma-based Helmerich & Payne International Drilling Company ( HP.N ) to move forward. (Reporting by Lawrence Hurley; Editing by Will Dunham)


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