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Minister of Finance (MinHacienda), Ricardo Bonilla, addressed the issue of fuel prices in Colombia.

The Colombian government is set to provide a subsidy of CoP$453,000 to taxi drivers across the country.

The arbitration saga surrounding the Reficar case has reached its conclusion, marking a significant victory for Colombia.

The Colombian government’s long-awaited promise to provide fuel subsidies for taxi drivers has finally come to fruition, with the Department of Social Prosperity (DPS) spearheading the initiative.

The global propane market shows no signs of slowing down. According to consultancy firm Mordor Intelligence, it will continue to grow at a rate of 5% percent annually between 2024 and 2029.

The government, through the Ministries of Transport (MinTransporte) and Mines and Energy (MinEnergia), is finalizing preparations to deliver the promised gasoline subsidy to taxi drivers across the country after more than eight months of study.

The Colombian Chamber of Oil, Gas, and Energy Goods and Services (Campetrol revealed a significant drop in gasoline demand in Colombia in 2023.

In his ongoing battle against illicit economies fueling criminal organizations, Colombian President Gustavo Petro announced forthcoming measures aimed at impeding the use of gasoline as a resource in the production of illegal activities, such as cocaine processing labs.

The Ministry of Mines and Energy (MinEnergia) announced a new increase in fuel prices, with the expected increase in diesel. Here are the details.

The Deputy Minister of Transportation, Carlos Eduardo Enríquez, disclosed the ongoing discussions with transporters regarding the impending increase in diesel prices in Colombia.