Colombia’s Beleaguered Oil Sector Eyeing Comeback in Venezuela

In a reversal of fortune, oil companies in Colombia, where outgoing president Gustavo Petro has all but barred exploration for the last four years, are scoping out Venezuela.

By Andrea Jaramillo, Fabiola Zerpa, Nicolle Yapur · Bloomberg Markets

In a reversal of fortune, oil companies in Colombia, where outgoing president Gustavo Petro has all but barred exploration for the last four years, are scoping out Venezuela.