The court orders were issued as part of an international arbitration sought by ExxonMobil to gain compensation for the leftist Venezuelan government's nationalization of key oil fields in the Orinoco basin.
PDVSA decried ExxonMobil's move as "unnecessary, hostile, and meant to intimidate."
Venezuelan President Hugo Chavez threatened on Sunday to cut oil deliveries to the United States in the wake of the asset freeze.
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http://www.afp.com/english/news/stories/080213004156.ygn9a7b8.html
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Dave Ruston