The Colombian Association of Oil and Gas (ACP) has raised a red flag regarding the impact of roadblocks this year on the supply of gasoline, diesel, and jet fuel.
Colombians can expect the price of gasoline to continue its upward trajectory for at least the next two months, according to President Gustavo Petro’s government. However, one critical factor in this equation is the fluctuation of global oil prices.
The recent declaration of the pacific regasification plant’s second call for bids as unsuccessful has brought to light the need for the government to present viable alternatives to the market.
Air France-KLM recently held its Second Roundtable on Sustainable Aviation Fuel (SAF) Development in Colombia.
Finance Minister (MinHacienda) Ricardo Bonilla addressed the fuel prices discussion, acknowledging the concerns raised by potential increases in this fuel type once the adjustments for regular gasoline are finalized.
Ecopetrol (NYSE: EC) talked about financial matters, specifically regarding the Fuel Price Stabilization Fund (FEPC) and the strategies implemented to reduce its deficit through fuel price adjustments.
The Colombian Inspector General’s Office has released a study evaluating the performance of the Fuel Price Stabilization Fund (FEPC), revealing worrisome findings.
Colombian President Gustavo Petro has warned about the negative effects of maintaining a freeze on fuel prices.
The National Federation of Biofuels warned that the proposal to reduce the biodiesel blend in diesel could have adverse effects on the country’s environmental goals and various key aspects of the economy and quality of life.
In recent months, the significant rise in fuel prices in Colombia has stirred a range of opinions and concerns.
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