Three convicted for role in theft of PEMEX product and sale of products in US

Oct 132009
 
 13/10/2009  Posted by PMC at 13:46 on 13/10/2009 Comments Off
Three convicted for role in theft of PEMEX product and sale of products in US

I.C.E. News Release HOUSTON – A criminal information charging three men for their roles in brokering the sale of petroleum products stolen from Petroleos Mexicanos (PEMEX) has been unsealed following the guilty plea of the third defendant on Friday. These convictions were announced by U.S. Attorney Tim Johnson, Southern District of Texas, and U.S. Immigration and Customs Enforcement (ICE). The charges resulted from an on-going ICE investigation into the theft of Mexican petroleum products, particularly condensate, and the transportation and sale of the petroleum product to U.S. companies.

PEMEX: Mexico Loses $700 Million Annually to Oil Theft

Sep 012009
 
 01/09/2009  Posted by PMC at 02:01 on 01/09/2009 1 Response »
PEMEX: Mexico Loses $700 Million Annually to Oil Theft

By Sylvia Longmire Normally when someone hears a story about oil theft or criminal groups hacking into pipelines, one thinks of places like Nigeria or Iraq. Unfortunately, oil looting is rampant in Mexico, and it’s costing the government millions. And it’s not just oil that’s being stolen. Mexican criminals have been tapping into Petróleos Mexicanos (Pemex) pipelines for years to steal gasoline, diesel, and even jet fuel, according to Reuters’ reports. Criminals dig up pipelines that are buried in rural areas, attach a valve, and then siphon off the fuel. They usually have no problem selling the stolen fuel to ….Read More

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