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Tag: Oil Theft

Fuel Smuggling on the East Timor Border

May 22, 2014 havocscope

Fuel smugglers in Indonesia are using motorcycles to smuggled subsidized fuel into East Timor, which does not receive government subsidies…

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Posted in: Business Risk, Environmental Threats Filed under: Indonesia Security Threats, Oil Theft

Losses to Royal Dutch Shell Due to Oil Theft

March 15, 2014 havocscope

Oil company Royal Dutch Shell reported that its earnings for 2013 was almost $1 Billion lower due to oil theft…

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Posted in: Business Risk, Environmental Threats Filed under: Nigeria Security Threats, Oil Theft

Oil Theft Profits in Nigeria

February 21, 2014 havocscope

In an article in Bloomberg Businessweek, a team of oil thieves stated that they are able to make up to…

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Posted in: Business Risk, Environmental Threats Filed under: Nigeria Security Threats, Oil Theft

2013 Fuel Theft Incidents at Pemex

February 20, 2014 havocscope

According to data released by Mexican state owned oil company Pemex, 2,614 illegal fuel siphons were discovered on their pipes…

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Posted in: Business Risk, Environmental Threats Filed under: Mexico Security Threats, Oil Theft

Illegal Oil Refineries Destroyed in Nigeria in 2013

December 25, 2013 havocscope

The Nigerian Navy reported destroying 1,556 illegal oil refineries that were selling oil on the black market in Nigeria during…

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Posted in: Business Risk, Environmental Threats Filed under: Nigeria Security Threats, Oil Theft

Fuel Costs in Guatemala on the Black Market

December 12, 2013 havocscope

According to the Guatemalan Association of Fuel Retailers, between 300,000 and 350,000 gallons fuel is smuggled into Guatemala from Mexico…

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Posted in: Business Risk, Environmental Threats Filed under: Guatemala Security Threats, Mexico Security Threats, Oil Theft

Amount of Fuel Smuggled into Colombia

December 2, 2013 havocscope

According to security services in Colombia, between 10 to 15 percent of the fuel used by drivers in Colombia was…

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Posted in: Environmental Threats Filed under: Colombia Security Threats, Ecuador Security Threats, Oil Theft, Venezuela Security Threats

Losses to Fuel Smuggling in Honduras

September 27, 2013 havocscope

Criminal fuel smuggling costs the government of Honduras $230 Million, or 10 percent of its annual fuel imports. Economic and…

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Posted in: Environmental Threats Filed under: Honduras Security Threats, Oil Theft

Oil Theft in Nigeria

September 21, 2013 havocscope

An estimated 100,000 barrels of oil is being stolen each day from refineries in Nigeria. The total value of the…

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Posted in: Business Risk, Transnational Crime Filed under: Nigeria Security Threats, Oil Theft

Losses to Oil Theft in Indonesian in First Half of 2013

havocscope

Security officers with oil company Pertamina in Indonesia state that up to $22 Million (250 Billion Indonesian Rupiah) was lost…

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Posted in: Environmental Threats Filed under: Indonesia Security Threats, Oil Theft

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