CO2 Management > CCUS > Oil and gas majors face 7-Mt delivery gap on EU’s CO2 storage target, report finds

Oil and gas majors face 7-Mt delivery gap on EU’s CO2 storage target, report finds

Published 07:45 on March 31, 2026 / Last updated at 23:13 on March 31, 2026 / / CO2 Management (CCUS), EMEA (Europe), Net Zero Transition (Industrial Decarbonisation)

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The EU’s obligation on oil and gas companies to provide 50 million tonnes of CO2 storage capacity each year as of 2030 is already driving project development, but weak enforcement at national levels threatens the bloc’s objective, according to a new tracker released on Tuesday.
The EU’s obligation on oil and gas companies to provide 50 million tonnes of CO2 storage capacity each year as of 2030 is already driving project development, but weak enforcement at national levels threatens the bloc’s objective, according to a new tracker released on Tuesday.


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