Moving Together,
Into Tomorrow
A new look at the Oil & Gas Industry in Europe
The European Union has signaled its intention to become the world’s first climate-neutral continent.
The European Oil & Gas industry supports the EU’s objective of climate neutrality by 2050.
Our contribution
Reducing Our Carbon Footprint
Reducing the GHG footprint of oil & gas products starts at the well. By minimising production, processing and transport emissions, we can play an active role in reducing energy sector emissions.
To do so, we use a mix of solutions including the electrification of platforms, use of renewables, and by further reducing methane emissions and flaring.
Supplying Cleaner Energy
To accompany Europe’s energy transition, our portfolios supply an increasing share of natural gas, a cleaner alternative to coal and an enabler of renewable energy Integration.
Our member companies also invest in low-carbon and renewable energies and services which include wind, solar, batteries and biofuels.
Developing Long-Term Solutions
We have the resources and skills to develop long-term, large-scale carbon Management solutions. We deploy Carbon Capture Use & Storage to help decarbonise hard-to-abate sectors and safeguard their competitiveness.
With CCS, we work to produce clean hydrogen from natural gas. We also invest in carbon offsets through afforestation and forest conservation projects.
NEWS
Letter: IOGP Europe recommendations on the Hydrogen and Decarbonized Gas Market Package
Letter: Industry views regarding the proposal to establish a permanent demand aggregation and joint purchasing mechanism through the Recast Gas Regulation
Letter: Methane emissions reduction: call for a proportionate, efficient and implementable EU Regulation
Publications
IOGP Europe statement on the ECHA proposed PFAS restriction proposal related to the Carbon Capture, Transport and Storage (CCS) Technology
Map of CO2 storage Projects in Europe
IOGP Europe position on the EU Industrial Carbon Management
IOGP response to consultation on the evaluation of the ‘Polluters pays principle’.
IOGP position paper on the European Commission’s public consultation on the EU climate target for 2040
IOGP Europe feedback on Net Zero Industry Act proposal
Key Topics
Oil & Gas Industry Solutions Towards 2030 and 2050
OUR JOURNEY TO 2050
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