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

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