RECOPE opposes referendum that could break its fuel market monopoly
Business
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Business
1204 views2

RECOPE opposes referendum that could break its fuel market monopoly

L. Arias - March 20, 2017

Officials of the state-owned Costa Rican Oil Refinery (RECOPE) said breaking the fuel market monopoly would not result in lower prices and, on the contrary, would endanger…

Fuel prices set to rise for the second time this year
Business
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Business
1038 views

Fuel prices set to rise for the second time this year

L. Arias - February 1, 2017

The second hike in fuel prices this year could take effect before the end of this week, and a third one is already awaiting approval. The Public…

Regulator approves decrease in electricity rates for next quarter
Business
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Business
996 views1

Regulator approves decrease in electricity rates for next quarter

L. Arias - December 22, 2016

The sustained decrease in the use of fossil fuels to generate electricity in recent months resulted in lower electricity rates that will apply for the next quarter. The Public…

Motorists get cheaper fuel prices starting this week
Business
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Business
1096 views

Motorists get cheaper fuel prices starting this week

L. Arias - November 30, 2016

Per-liter prices of fuel dropped on Tuesday and will remain unchanged until next year. The cuts, ranging from ₡19-41 per liter, correspond to pending fuel price settings from…

Two requests to lower fuel prices await Sala IV ruling
Business
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Business
795 views

Two requests to lower fuel prices await Sala IV ruling

L. Arias - November 16, 2016

The National Oil Refinery (RECOPE) requested two fuel price cuts in the past month and international prices of oil products this week fell to their lowest levels…

Regulator approves decrease in electricity rates
Business
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Business
852 views

Regulator approves decrease in electricity rates

L. Arias - September 27, 2016

The onset of the rainy season and the launch of two renewable energy projects have prompted a decrease in electricity rates for the next three months. Both situations allowed for…

Gas prices in Costa Rica to drop this week
Costa Rica
1168 views
Costa Rica
1168 views

Gas prices in Costa Rica to drop this week

L. Arias - August 30, 2016

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…

Train service in Costa Rica resumes Wednesday following strike
Business
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Business
1133 views1

Train service in Costa Rica resumes Wednesday following strike

L. Arias - August 17, 2016

Trains are expected to run normally around Costa Rica's greater metropolitan area on Wednesday after a strike staged by train drivers on Tuesday left some 16,000 people struggling to…

Gas stations fined for dispensing less fuel to motorists than they pay for
Business
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Business
837 views3

Gas stations fined for dispensing less fuel to motorists than they pay for

L. Arias - July 29, 2016

The Public Services Regulatory Authority (ARESEP) found a total of 22 gas stations across the country that were expending less fuel than what consumers paid for. ARESEP officials discovered the…

Electricity rates to go up starting July
Costa Rica
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Costa Rica
1091 views

Electricity rates to go up starting July

L. Arias - June 28, 2016

Costa Rica's Public Services Regulatory Authority (ARESEP) announced Tuesday that electricity rates for all but one of the country's providers will go up starting next month. The agency said…