UPDATE – Brussels sets out oil and gas industry’s contribution to EU’s CO2 storage target, leaves key threshold blank

Published 08:32 on March 20, 2025  /  Last updated at 15:22 on March 20, 2025  / /  EMEA

The European Commission published draft legislation on Wednesday setting out rules for oil and gas producers who are legally obliged to contribute to an EU-wide target of CO2 storage capacity under the bloc's Net Zero Industry Act (NZIA).
The European Commission published draft legislation on Wednesday setting out rules for oil and gas producers who are legally obliged to contribute to an EU-wide target of CO2 storage capacity under the bloc's Net Zero Industry Act (NZIA).


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