Energy Markets
Colombia oil output closing in on 800,000 bpd, regulator head says
Colombia's typical everyday oil output is surrounding 800,000 barrels each day (bpd) even as the Andean country progressively aims to enhance eco-friendly energies, the president of the National Hydrocarbons Association ( ANH) regulator said The government of leftist President Gustavo Petro has said. it wishes to wean Colombia off of its dependence on oil and coal in favor of solar, wind, and geothermal energy, though numerous renewable energy tasks are dealing with significant obstacles. The boost to Colombia's oil output from 777,000 bpd last year originates from much better management of existing oil and gas agreements, ANH President Orlando Velandia...