Colombia’s economically crucial petroleum industry, which has been under pressure for some time from a combination of weaker oil prices and low proven reserves, is struggling to recover from the COVID-19 pandemic. The latest data from Colombia’s Ministry of Energy shows that crude oil production volumes remain below pre-pandemic lockdown levels, while foreign energy investment is weak despite government initiatives to reactivate the vital hydrocarbon sector. There are signs of further difficulties ahead for the Andean country’s…
