Venezuela tightens control over oil industry

With a lawsuit filed against Anglo-Dutch oil company Shell for tax evasion and the confiscation of financial data from U.S.-based Chrevon-Texaco, Venezuela went ahead with a campaign to tighten control over its oil industry.

The National Customs and Tax Management Service (SENIAT) said Shell has already been ordered to pay $131 million in back taxes.

http://www.tehrantimes.com/Description.asp?Da=7/17/2005&Cat=9&Num=18