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.
Amidst growing pressure from freight transport unions to review diesel prices, the Deputy Minister of Transport, Carlos Eduardo Enríquez, has announced that the Ministry of Transport (MinTransporte) is processing a request to reduce the amount of biodiesel in the blend to maintain current prices.
The Ministry of Mines and Energy (MinEnergia) announced fuel prices for September 2023. Here are the details.
Within the framework of the Fair Energy Transition (JET) promoted by the Ministry of Mines and Energy (MinEnergia) under the leadership of Minister Andrés Camacho, a historic meeting between the aviation sector and government representatives took place in Bogotá.
In a significant development, the Colombian taxi drivers’ union has reached an agreement with the government to receive monthly compensation in response to rising gasoline prices.
The topic of gasoline prices has taken center stage in public discourse since last year, as the government began gradual increases in fuel prices from October. Various industry groups have called for a revision of the price setting formula.
The potential implementation of a differential gasoline rate for taxi drivers in Colombia is facing logistical challenges and concerns.
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