With an average production of 892,530 barrels per day, Colombia just overcame Venezuela as the leader in Latin America’s oil market, according to the OPEC monthly report from March.
Issue number 28 of Energía16 goes through the rise of Colombia’s oil industry, a country that is on the road to leading the region’s energy transformation, with wind and solar power accounting for 70% of its energy mix, one of the highest renewable power mix percentages in the region.
According to President Iván Duque, “the revolution of renewable energies began in Colombia and we already have the world’s sixth cleanest energy mix.” Indeed, the forecasts confirm that Colombia has recovered its energy self-sufficiency. The nation is rich in both renewable and non-renewable resources.
The latest issue of Energía16, the May-June-July edition, also discusses how Cepsa’s activity has been steadily growing in Latin America in recent years and will continue to grow as it develops its strategy to becoming a global integrated energy company.
Similarly, under the title “Algeria about to burst. Are gas supplies to Europe on the line?” it analyzes the impact that the country’s weak political stability could have on its capacity to maintain its hydrocarbon exports to Europe. Let’s not forget that Algeria is one of the main energy allies in the continent, including Spain.
Another topic presented in this new edition of Energía16 is the Mexico’s use of nopal, with ecological initiatives to successfully use this plant to produce biogas and generate electricity with an encouraging industrial future. Some of these projects to produce energy from nopal are helping Mexico emerge as a global leader in renewable bioenergy.
You will find these and many other topics in the latest issue of Energía16.
For more information, check Energía16