Monday February 24, 2020

Chavez challenges the oil kings

On July 14 in the western city of Maracaibo, Venezuelan government tax auditors and a prosecutor went to the offices of Chevron, the second-largest US oil company.

27th August, 2005

On July 14 in the western city of Maracaibo, Venezuelan government tax auditors and a prosecutor went to the offices of Chevron, the second-largest US oil company.

They seized boxes of records to build a case that San Ramon, California-based Chevron and 21 other energy companies owe Venezuela €2.4 billion in back taxes.

The raid is part of Venezuelan president Hugo Chavez's push to squeeze more money out of foreign companies that want to pump oil from...

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