Sofia Forestieri News Today

Colombia’s already-struggling oil industry is taking hit after hit, and without new investment, the country’s economy could be in trouble

Colombia, Latin America’s third-largest oil producer after Brazil and Mexico, is in danger of losing its energy self-sufficiency and a significant part of its gross domestic product (GDP) in the future, unless the pace of exploration accelerates, a Rystad Energy report has revealed. The country’s oil and gas output along with its total proven reserves ...

Colombia, Latin America’s third-largest oil producer after Brazil and Mexico, is in danger of losing its energy self-sufficiency and a significant part of its GDP unless it boosts its exploration efforts in the short term

Colombia’s oil and gas production along with its proven reserves are falling and investment will likely fail to recover to pre-Covid-19 pandemic levels