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North Korea fuel prices surge after China…

Gasoline and diesel prices surged in North Korea in the weeks after a Chinese state oil company suspended fuel sales to the reclusive state, according to data reviewed by Reuters and an interview with a North Korean defector. China National Petroleum Corp (CNPC), a state-controlled company, halted diesel and gasoline sales to North Korea “over […]

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Jeddah gas station closed for selling adulterated…

RIYADH: A gas station using red powder to change the color of gasoline from green to red to dupe customers in Jeddah was shut down for selling adulterated gas and for non-compliance with specifications, officials said. On Tuesday, Ministry of Commerce and Investment inspectors shut down the gas station after discovering the addition of a […]

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Petrol pump theft caught in Yogi Adityanath…

In a major success, Mumbai police have nabbed Prashant Kumar, the mastermind of the racket which used to supply Electronic Chips used to swindle customers by Petrol Pump owners. Kumar was arrested from Karnataka’s Hubli, a report published in Hindi daily Dainik Bhaskar said. The report further said that the chips were imported from China […]

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Monterra Energy Is Said to Plan Fuel…

(Bloomberg) — KKR & Co.-backed Monterra Energy could build a fuel storage terminal in the central Mexican state of Puebla as international companies pile into the newly opened gasoline retail market. The Houston-based company is looking to acquire land in Puebla for the project, according to people with knowledge of the plans. Monterra Energy Chief […]

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Frost & Sullivan Applauds Authentix’s Impressive Authentication…

Authentix harnesses the latest technological trends to present market-focused, adaptable authentication solutions for a customer’s specific market News provided by Jul 11, 2017, 14:05 ET Share this article SANTA CLARA, Calif., July 11, 2017 /PRNewswire/ — Based on its recent analysis of the authentication solutions market, Frost & Sullivan recognizes Authentix, Inc. with the 2017 North […]

Downstream Oil Theft: Global Modalities, Trends, and…

Dr. Ian M. Ralby ACKNOWLEDGEMENTS We extend a special thanks to SICPA for the generous support for this initiative, without which this report would not have been possible. This report was produced by I.R. Consilium LLC in conjunction with the Atlantic Council. Dr. Ian M. Ralby was the lead author, with contributing authorship by Rohini […]