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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 […]

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 […]

Libya cracks down on fuel smuggling by…

TRIPOLI, Feb. 12 (Xinhua) — The Libyan National Oil Corporation (NOC) confirmed on Monday that arrest warrants have been issued by the Attorney General against fuel smugglers in western Libya. “NOC commends the Attorney General’s decision to issue arrest warrants against more than 144 smugglers in western Libya,” NOC said in a statement. “Smuggling cost […]

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 […]

Mexico’s cartels are ditching drugs for oil…

In the downstream, however, aging refineries built before 1980 have been bleeding cash for years and made Mexico import increasing volumes of refined products to meet growing demand. Operational and investment troubles aside, refineries in Mexico are bleeding as drug cartels have been racketeering refinery workers to help them tap storage facilities, trucks, and pipelines […]

Concerns Over Smuggling Of Fuel In Nigeria…

Lagos – There are heightened concerns over the spate of smuggling of petroleum products outside the shores of Nigeria, just as the nation continues to experience scarcity of fuel. Stakeholders are of the opinion that the porosity of Nigerian borders and insufficient coordinated response by the concerned authority are amply responsible for the frequency of illegal […]