Colombia’s Oil Industry is Rocked by Another Scandal

Colombia’s Oil Industry is Rocked by Another Scandal

OilPrice.com

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Colombia's oil industry is being rocked by another scandal focused on environmental misdoings, human rights violations, and unreported oil spills. For decades, a "drill at all costs" mentality dominated Colombia’s domestic politics, allowing energy companies, especially national oil company Ecopetrol, to operate with impunity. While that permitted Colombia to become a leading regional oil producer, it led to severe environmental harm and civil conflict. Industry insiders and environmental activists allege Ecopetrol is systematically failing…

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