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DEPUTY COMMISSIONER DY BUCO TO DISCUSS PHILIPPINES’…

WANCHAI, HONG KONG, March 2, 2018 /EINPresswire.com/ — The Philippines’ new fuel marking and monitoring system is expected to launch in the local downstream oil industry in the second half of 2018. The program is part of a sustained effort to combat rampant fuel smuggling and misdeclaration of petroleum products, estimated to be costing the […]

Zambia Picks Authentix to Help Battle Illicit Fuel Trade…

Image: bestdesigns/istockPhoto Addison-based Authentix will soon be helping fight the illicit refined fuels trade in Zambia. The global authentication and information services provider announced Monday that it had been chosen by The Energy Regulation Board of Zambia as its technology and services partner to combat the illicit fuels trade in the landlocked nation in southern Africa. Authentix’s program utilizes […]

Zambia : ERB launches Fuel Marking Program

Energy Regulations Board (ERB) offices The Energy Regulation Board (ERB) has launched a Fuel Marking Program aimed at safeguarding the petroleum industry. ERB Chief Executive Officer, Langiwe Lungu said the program will address the challenges faced by operators in the industry in meeting the required specifications towards provision of quality energy products and services. Ms. […]

DBM to assist BOC in finding a…

The Philippine Bureau of Customs (BOC) has tapped the Department of Budget and Management-Procurement Service (DBM-PS) to procure a service provider that will implement the BOC’s fuel marking program. BOC and DBM-PS signed on December 28, 2017 a memorandum of agreement (MOA) for the latter to undertake procurement activities and implement the first tranche of […]

Economic officials to approve fuel marking system…

Economic managers are set to approve the implementation of the fuel marking system as part of the first tax reform package expected to be approved by Congress and signed by President Duterte before the end of the year. The National Economic and Development Authority’s (Neda) Investment Coordination Committee-Cabinet Committee (ICC CabCom) will tackle today the […]

Eurocontrol Reports SICPA Awarded Mozambique Fuel Marking…

TORONTO, Nov. 27, 2017 (GLOBE NEWSWIRE) — Eurocontrol Technics Group Inc. (TSX-V:EUO) (OTCQB:EUCTF) (“Eurocontrol” or the “Company”), a Canadian public company specializing in the acquisition, development and commercialization of innovative test and measurement technologies for industry with application systems focused on the energy security, semiconductor and precision agriculture sectors, announces that SICPA SA has been […]

Stopping oil adulteration: British firm seeking long-term…

Currently, Pakistani refineries are producing kerosene oil without adding any dye, which makes it difficult to detect its mixing with high-speed diesel. PHOTO: FILE ISLAMABAD: UK-based company Authentix is seeking to win extension in its contract for fuel marking in kerosene oil in an effort to stop its mixing with the expensive high-speed diesel. A technical […]

Illegal diesel dump clean-up in Louth cost…

Reporter: Dundalk Democrat 21 Nov 2017 LOUTH County Council has said that it is not the local authority’s responsibility to check for markers in illegal diesel dumps. The clean-up of two diesel fuel dumps in Co Louth in September last cost €12,000, according to Louth County Councillor Mark Dearey. Cllr Dearey put forward a question about […]

The Iranian Smugglers Trafficking Fuel Into Pakistan…

By Laura Mallonee In Pakistan, a gallon of diesel costs more than $3. In Iran, it’s just 34 cents. The math is simple, and it sends droves of poor, Iranian smugglers speeding to the border in beat-up Toyota pickups loaded down with fuel. Sadegh Souri tried his best to keep up while trailing the couriers […]

DOF eyes P2B budget for 2018 launch…

The Department of Finance (DOF) is proposing a P2-billion budget in 2018 to implement the Bureau of Customs’ (BOC) fuel marking program, one of the tax reform endeavors of the Philippine government to minimize smuggling of petroleum products and boost revenue collection. Finance Secretary Carlos Dominguez said the program, which is set for rollout next […]