CO2 Management > CCUS > Oil and gas industry cuts EU CO2 storage outlook to 35 Mt by 2030

Oil and gas industry cuts EU CO2 storage outlook to 35 Mt by 2030

Published 14:05 on June 10, 2026 / Last updated at 14:05 on June 10, 2026 / / CO2 Management (CCUS), EMEA (Europe), Net Zero Transition (Industrial Decarbonisation)

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EU oil and gas producers have further cut their expectations for 2030 CO2 storage capacity in Europe, with new industry data showing a shrinking project pipeline that clashes with Brussels’ upbeat assessment of progress towards the bloc’s injection target of 50 million tonnes per year.
EU oil and gas producers have further cut their expectations for 2030 CO2 storage capacity in Europe, with new industry data showing a shrinking project pipeline that clashes with Brussels’ upbeat assessment of progress towards the bloc’s injection target of 50 million tonnes per year.


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