EU Suspends Methane Rules as Energy Crunch Intensifies

Brussels mulls scrapping methane fines amid energy crisis

The EU executive had previously eased the rules in response to growing pressure, delaying parts of the measure, Now, however, it is now going further, removing the very incentives that would ensure effective monitoring of methane pollution.

EU Suspends Methane Rules as Energy Crunch Intensifies

The European Union has decided to suspend a regulation requiring oil and gas suppliers to report emissions along their supply chains amid an energy crunch that has sent oil and gas prices higher and prompted a rush to secure scarce supply. Citing a draft document from the European Commission to national governments, Reuters reported that EU capitals were informed they could remove planned penalties for non-compliance with the methane rules. “San…

EU floats making it easy for oil companies to break methane rules

The European Commission is considering giving fossil fuel companies leeway to avoid penalties under new rules governing the emissions of methane, in what would be a major win for the oil and gas sector. According to draft guidelines for governments, seen by POLITICO, national authorities would be able to grant exemptions to companies on energy security grounds, without any clear time limit or explicit oversight from the Commission. The EU’s flag…

EU Considers Suspending Penalties for Oil and Gas Firms that Breach Methane Law - Energy News, Top Headlines, Commentaries, Features & Events

By Kate Abnett May 6 (Reuters) – The European Commission has drafted plans to let oil and gas companies avoid penalties for breaching the EU’s methane emissions law, a ​draft document seen by Reuters showed, after pressure from industry and the United ‌States government. The move follows calls from oil and gas industry groups to ...