Thursday, May 1, 2025

13 Tamaulipas gas stations probed for selling stolen gasoline

Federal financial investigators have identified 13 Pemex gas stations in Tamaulipas that stopped buying gasoline from the state oil company in 2016.

The Financial Intelligence Unit at the Secretariat of Finance and Public Credit (SHCP) has detected that 13 Pemex gas stations in Tamaulipas stopped buying gasoline from the state oil company in 2016.

The Secretariat of Finance has filed formal complaints against the owners of the gas stations, charging them with operating with illicit resources, a crime related to fuel theft.

Three of the offending gas stations are located in Reynosa, three more in Matamoros, two in each of the municipalities of Valle Hermoso, Río Bravo and San Fernando and one in Guerrero.

A Finance Secretariat spokesman said that 12 of the stations were shut down on January 8, and the bank accounts of the 13 Pemex franchise-holders have been frozen.

The investigations into illegal fuel sales are also looking at five companies elsewhere in Mexico, where another 10 bank accounts have been frozen for activities related to fuel theft.

Source: Milenio (sp)

Have something to say? Paid Subscribers get all access to make & read comments.
President Trump walked back his tariff talk on Tuesday, emphasizing that he would not "stack" two taxes on the same article.

New US tariff scheme gives Mexico’s auto industry ‘an additional comparative advantage,’ says Sheinbaum

1
Vehicles assembled in Mexico will still be subject to U.S. tariffs, although the rate is lower than the full 25% because U.S. content in those vehicles will not be taxed.
UNHCR Mexico

United Nations refugee agency closes 4 offices in Mexico due to US funding cuts

0
According to the representative of the United Nations High Commissioner for Refugees (UNHCR) in Mexico, UNHCR’s Mexico operations lost 60% of their budget after the Trump administration halted foreign aid in January.
Mexico GDP growth

Mexico avoids technical recession with 0.2% GDP growth in Q1

0
The quarter-over-quarter growth was above the 0% expansion forecast by analysts polled by Reuters and the 0.1% growth prediction of analysts surveyed by Bloomberg.