The strife-torn Latin American nation of Colombia punches well above its weight when it comes to petroleum production. The Andean country is the region’s third-largest oil producer, even after experiencing a significant deterioration in industrial productivity since the COVID-19 pandemic arrived, despite only having proven oil reserves of 1.
8 billion barrels. Colombia has not had any major oil discoveries in over a decade, placing ever greater pressure on the country’s scant reserves and its soil-dependent economy. A solution planned…Can Colombia’s Offshore Oil Potential Rival That Of Brazil?
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