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NNPC losing N774m fuel subsidy revenues daily…

Leading a top Management team of the corporation on a visit to the Comptroller General of the Nigerian Customs Service, the Group Managing Director of NNPC, Dr. Maikanti Baru, revealed that detailed study conducted by NNPC indicated strong correlation between the presence of the frontier stations and the activities of fuel smuggling syndicates. According to […]

Petrol stations mushrooming at border towns to…

The increasing number of filling stations in Nigeria’s border towns is raising suspicion that they are funnels for fuel smuggling to neighbouring countries. Maikanti Baru, the group managing director of Nigerian National Petroleum Corporation (NNPC), raised the alarm on Sunday when he received the comptroller general of the Nigerian Customs Service, Hameed Ali, a retired […]

ERC talks tough on fuel adulteration ::…

NAIROBI, KENYA: Energy Regulatory Commission (ERC) has issued tough warning to petroleum transporters in a strategy aimed at curbing fuel adulteration. The industry regulator now says that companies whose road tankers will be found transporting adulterated petroleum products or parked in unlicensed petroleum storage facilities shall have their operating licenses revoked. Further, petroleum road tanker […]

Libya impounds Togolese-flagged vessel for fuel smuggling…

Libya’s naval forces on Thursday seized a Togo-flagged fuel tanker and arrested its Greek crew on the suspicion they planned to smuggle oil out of the country, a spokesman for the forces said. Libya’s western coast is a departure point for the smuggling of heavily subsidised gasoline to neighbours such as Tunisia and Malta, where […]

Pipeline fuel thieves employ profitable, efficient strategy

Gangs of thieves who steal fuel from Mexico’s state-owned pipelines work with such expertise and efficiency that they can make profits of up to 250,000 pesos (US $13,400) a week, according to a public security consultant. At a workshop designed to educate people about the strategies criminals use to commit the crime, Francisco Granados told […]

We’ll deal with illegal bunkering, fuel smuggling…

Vice President Dr. Mahamudu Bawumia has reiterated government’s resolve to deal forcefully and decisively with the issue of illegal bunkering and the smuggling of petroleum products by sea into Ghana. Government, he said, is in the process of formulating policies aimed at nipping the situation in the bud once and for all. Dr. Bawumia gave […]

Querétaro university’s drones guard against pipeline theft

Guarding petroleum pipelines against theft is going high-tech in Querétaro with the deployment of a fleet of drones designed and built by students at the state’s University of Technology. The first three pipeline surveillance drones are now aiding security and Civil Protection task forces in the Corregidora municipality, located on the Guanajuato border near Apaseo […]

Nigeria, Niger to build oil refinery ‘to…

In a major bid to frontally tackle the menace of cross-border fuel smuggling, Nigeria and the neighbouring Niger Republic plan to build an oil refinery. Ibe Kachikwu, Nigeria’s minister of state for petroleum resources,  led a Nigerian government delegation to Niamey, the Nigerien capital, on Wednesday to discuss a firm agreement for the design and construction of the […]