Exxon has won a lawsuit against the Venezuelan government. January 2, 2012- Exxon Mobil was awarded $900 million by an international arbitration board. The panel ruled that Venezuela has to pay the oil conglomerate. Exxon Mobil has been in a long battle with the Venezuelan government over the nationalization of its assets by the Venezuelan government. Not including the Middle East, the Orinoco Belt where the oil reserves are located, is one of the worlds most coveted. When Hugo Chavez, President...