Colombia hits record rate of oil production

Colombia reportedly recorded a record rate of oil production in January.

According to local media

In December of 2012, production nearly touched the one million mark at 984,000 barrels per day. 

BACKGROUND: Rise in FARC, ELN attacks hits wallet of Colombia’s oil, mining industries

Yet Colombia has experienced steady growth in investor confidence regarding its energy sector, registering $13.12 billion in foreign investment in 2012.

BACKGROUND: Foreign direct investment in Colombia oil and mining sector swells

Related posts

Colombia focuses on Asia as it seeks to diversify trade relations

Minimum wage in Colombia up 9.5% in 2025

Colombia’s congress sinks Petro’s budget finance bill