EU Strikes Deal to Curb Methane Emissions from Energy Sector

New Rules to Affect Domestic and Imported Oil, Gas, and Coal; Major Step Ahead of COP28 Climate Summit

European Union negotiators have reached a deal to curb methane emissions from the energy sector, including oil, gas, and coal industries.
The agreement requires energy companies to regularly check infrastructure for methane leaks and to demonstrate equivalent monitoring, reporting, and verification requirements at production level by 2027.
The new rules could affect where the EU sources its oil and gas, with operators unable or unwilling to halt their methane emissions potentially facing a shrinking market share.
The deal comes ahead of the COP28 climate summit, where tackling methane is expected to be a key issue.
The legislation also applies to imports, which account for more than 90% of the EU's oil and gas, pressuring international suppliers to reduce methane emissions.