Tag Archives: gasoline piracy

Mexican Government Buys 571 Tankers from US

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By THE PULSE NEWS MEXICO STAFF     As part of his ongoing war against fuel theft, Mexican President Andrés Manuel López Obrador (AMLO) announced on Monday, Jan. 21, that his government has signed contracts to purchase 571 oil tankers from the United States. The new tankers, which cost $85.4 million, will have a combined capacity to transport up to 116,897 barrels

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AMLO Freezes Huachicoleo Banks Accounts

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By THE PULSE NEWS MEXICO STAFF     The administration of Mexican President Andrés Manuel López Obrador (AMLO)  announced on Thursday, Jan. 17, that the federal Financial Intelligence Unit (UIF) has frozen the bank accounts of 37 businesses believed to be linked to huachicoleo (gasoline piracy). A statement issued by the UIF, which is a subsidiary of the Treasury Secretariat, noted that

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