Despite falling international fuel prices and a stronger exchange rate, Colombian consumers are currently paying significantly more for gasoline, up to CoP$2,000 above global reference prices, while indirectly subsidizing diesel.
The Colombian retail fuel sector is showing strong signs of recovery, according to the latest quarterly report from the Confederation of Retail Distributors of Fuels and Energy (Comce).
Agremgas, Colombia’s Liquefied Petroleum Gas trade association, submitted comments on the proposed Resolution 703 001 of 2025, urging the Energy and Gas Regulatory Commission (CREG) to make key adjustments to the current purchase capacity mechanism to further formalize and strengthen the sector.
The Colombian government has introduced a new regulatory requirement for liquid fuel distributors operating in ten departments identified as high-risk due to the prevalence of illicit crops.
In 2017, Norway set a bold goal: by 2025, all new cars sold would be electric. The European Union followed suit, setting its own deadline for 2030. However, the waning consumer demand and mounting pressure from automakers have already pushed that target to 2035. This shift reflects a deeper truth: the world may not be as ready to go electric as governments once hoped.
Colombia’s gasoline supply is on track to undergo a major transformation.
Gas prices are going up as we have said many times recently but how far, how fast, and how will this process affect what domestic producers can hope to charge?
Primax Colombia, one of the country’s leading fuel distributors, announced a new strategic alliance with McDonald’s to reward Colombian consumers with fuel savings through an innovative campaign titled “El Match Perfecto.”
Engineering and consulting firm Wood has secured a contract from Colombian national oil company Ecopetrol (NYSE: EC) to deliver the detailed engineering design for significant upgrades at the Barrancabermeja refinery, the country’s oldest and largest refining facility.
Colombian President Gustavo Petro has strongly criticized the country’s longstanding gasoline subsidy.
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