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EU Issues Obligatory CO2 Storage Capacities for Top Oil Producers

Summary by Rigzone
The 44 producers listed will help the 27-member bloc reach 50 million metric tons of capacity for annual CO2 injection into geological storage sites by 203...
DisclaimerThis story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

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Offshore EnergyOffshore Energy

EU names 44 oil & gas contributors to 2030 CO2 injection targets

The European Commission has adopted legislation outlining the obligations for oil and gas producers related to the targets set for CO2 storage solutions.

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RigzoneRigzone

EU Issues Obligatory CO2 Storage Capacities for Top Oil Producers

The 44 producers listed will help the 27-member bloc reach 50 million metric tons of capacity for annual CO2 injection into geological storage sites by 203...

Read Full Article
BeobachterBeobachter

CO2 Storage: Should the Oil Industry Save the Climate?

Pressing CO2 into the ground is considered essential in order to achieve climate targets. However, the technology is expensive and risky – and plays into the hands of the oil industry.

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Beobachter broke the news in on Monday, May 26, 2025.
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