Royal Dutch Shell to Withdraw from Development of Three Natural Gas Projects in the Caribbean Waters of Colombia

Gas production in Colombia fell to its lowest level since the beginning of the pandemic. Image: Aristal Branson in Pixabay The Colombian Chamber of Petroleum, Gas and Energy (Campetrol) delivered the most recent figures of gas production in Colombia, with cut to February 2025, according to the guild the daily marketed production was 824 million cubic feet per day (MPCD). “In February 2025, the commercialized production of natural gas in Colombia…

Royal Dutch Shell to Withdraw from Development of Three Natural Gas Projects in the Caribbean Waters of Colombia

The British energy corporation Royal Dutch Shell has announced its withdrawal from participation in three offshore natural gas projects located in the Caribbean Sea off the coast of Colombia, which were being developed in partnership with the state-owned company Ecopetrol. This was reported by Reuters based on official statements issued by both companies on April 24, 2025. Shell had initially acquired a 50 percent interest in the deepwater block…