The theft of petroleum from Pemex pipelines by thieves known as huachicoleros costs Mexico billions of pesos annually but now for the first time there is documented evidence that the crime is also taking place within the state oil company. The Secretariat of Public Administration (SFP) is investigating a group of at least 40 Pemex workers […]
PEMEN is now calling for the buyer of Agia Zoni II’s cargoes to be revealed. Image Credit: Hellenic Coast Guard In the latest twists following the sinking of bunkering vessel Agia Zoni II earlier this month off the Port of Piraeus, Greece, there are now suggestions that the vessel’s sinking may have been the result of sabotage, […]
September 25, 2017 6:21 PM Authorities in the central Mexico state of Puebla say gunmen have shot to death three young women and two men while wounding three others during an attack on a house. The Puebla state prosecutors’ office says the women ranged in age from 16 to 23. The men were 24 and […]
by Cartel Chronicles19 Sep 2017Tampico, MX0 The kidnapping took place earlier this month in the Unidad del Valle neighborhood, law enforcement sources revealed to Breitbart Texas. Various agencies continue their investigation and search for victims. To date, no answers have been given. Breitbart Texas was able to obtain exclusively a law enforcement report that identifies […]
September 14, 2017 3:20 PM Three dead bodies were found decorated with the colors of Mexico’s national flag just ahead of Independence Day in the Gulf coast state of Veracruz, authorities said Thursday. A Veracruz prosecutor’s office employee said the corpses were wrapped mummy-style in plastic and tape, with severed heads stuffed into straw party […]
Joshua Mitchell, the young man convicted of killing a gas station attendant in a fatal gas-and-dash in 2015, apologized for his actions after being sentenced. “If I had the chance to switch places with Ms. Rashidi, I would,” said Mitchell after learning of his 11-year sentence. Mitchell’s sentence include a lifetime ban from driving. […]
Mikel Irizar Global Operations Officer at Drum Cussac || Country Risk Analysis Executive Summary Once a minor phenomenon with marginal effects in the country, refined-fuel theft in Mexico has turned, over the last years, into one of the most concerning issues for the national government. As of today, billions of dollars are drained from the […]
By Chris Stephen Libya has launched its most wide-ranging investigation into corruption in the oil sector since the 2011 revolution, with a raft of warrants and travel bans issued against petrol company executives. The announcement came on Thursday from Attorney General Sadiq Al-Sour who is working with the Presidency Council and its Government of National […]
by Daniel Ndoye, Country Economist, Benin 2014 Arriving in Benin, you will certainly notice all the cans and fuel bottles sold on every street corner. This fuel, 30% cheaper than its counterpart in official gas stations, represents more than 80% of the fuel market in the country. This smuggled gas called “kpayo” (literally “not original” […]
By Jim FitzpatrickBBC NI economics and business editor 13 March 2013 From the section Northern Ireland Fuel laundering and smuggling costs the governments on both sides of the border tens of millions annually. In Northern Ireland, the latest estimates from HMRC suggest the UK government lost about £70m in revenue in 2012. That is a lot […]