Gasoline

Gas prices are the topic of almost everyone's conversations these days. The rising cost of gasoline is on the mass's minds making their way...

Climate promises from nations ring "hollow" while they continue to invest in oil, gas and coal, UN chief Antonio Guterres said on Thursday, as...

Costa Rica and Denmark announced on Thursday an alliance to stop the exploration and production of oil and gas. Revealed during the climate change conference...

RECOPE's ongoing fuel-setting requests led citizen group “Ya no más RECOPE" (No more RECOPE) to call for a public demonstration to request for the opening of the fuel distribution market in Costa Rica.

ARESEP approved the new fuel prices on Monday and they went into effect on Tuesday when the agency published them in the official newspaper La Gaceta.

The first fuel price adjustment should have been approved by Oct. 28, while the one filed last week should have been ready within the next two weeks; however, there's no telling how long the process will now take.

Prices of premium and regular unleaded gasoline will drop by ₡24 and ₡22 per liter respectively this week, thanks to a new fuel price setting approved by the Public Services Regulatory Authority (ARESEP).

RECOPE President Sara Salazar told reporters that the Chinese-Costa Rican joint-venture cost the Costa Rican government ₡33 billion — more than $61 million — with nothing to show for the effort.

The Costa Rican Oil Refinery (RECOPE) finally had some good news for motorists as its most recent projections show fuel prices next year will remain similar to those registered this month.

A drop in international oil prices in recent weeks could favor a reduction in gas prices here.