Bolivar Coastal Fields a major oil producing basin, but many areas remain poorly explored. The large exploration potential combined with the enormous amount of remaining oil in place in known reservoirs guarantees that the Maracaibo basin will have a long future as a major oil producing basin. Bolivar Coastal Fields The Bolivar Coastal Fields (BCF), also known as the Bolivar Coastal Complex, is located on the eastern margin of Lake Maracaibo, Venezuela. Bolivar Coastal Field is the largest oil field in South America with its 6,000-7,000 wells and forest of related derricks, stretches thirty-five miles along the north-east coast of Lake Maracaibo. They
History of South America their own actions within the US Cold War doctrine of "National Security" against internal subversion. Throughout the 1980s and 1990s, Peru suffered from an internal conflict. South America, like many other continents, became a battlefield for the superpowers during the Cold War in the late 20th century. In the postwar period, the expansion of communism became the greatest political issue for both the United States and governments in the region. The start of the Cold War forced governments to choose between the United States and the Soviet Union. By the 1970s, leftists had acquired a significant political influence which prompted