Latin America is today considered one of the world’s major oil and gas-producing regions, in part thanks to its rich energy resources like oil, available in abundance. By the end of 2016, the region held one-fifth of the world’s proved oil reserves, and investors began to flock to the area to capitalize on its potential and generate significant returns on their investment. Today, oil production in the region is close to an all-time high, with 7.5 million barrels rolling off of production lines every day.…