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Archive for July 16th, 2005

Oiling the Squeaky Wheel

Venezuela has ordered Royal Dutch/Shell to pay almost $131 million in back taxes. The government is cracking down on tax evasions by oil companies and so they also confiscated financial data form Chevron. Hugo Chavez, the current president of Venezuela, is trying to tighten the government’s control over the lucrative and strategic oil industry. The [...]

July 16th, 2005
Topic: Energy, Environment, International Events Tags: None