Balance, strength and fairness: building blocks for a stronger Union
Brussels, 14 September 2022
A permanent solution to the current energy crisis will require a vision built on balance, strength and fairness, by leveraging Europe’s own energy potential and establishing new, reliable partnerships.
The current tightness in the energy market began with a supply shortage driven by the global post-pandemic economic recovery, and was aggravated by Russia’s unjustified invasion of Ukraine and manipulation of energy markets. A stronger Europe can shield itself in the future by making full use of its own strengths and resources, and establishing long-term relationships with reliable partners.
Oil and gas have underpinned Europe’s economic and social development for decades, enabled the everyday mobility of citizens and served as feedstock for Europe’s cutting-edge industry. The European oil & gas industry works relentlessly to supply citizens with as much energy as possible ahead of the coming winter.
The EU’s vulnerability primarily stems from a lack of efforts to sustain domestic production in the past, and a subsequent overreliance on Russian imports. The current crisis is an opportunity for Europe to readjust course when it comes to its energy supply.
“The EU can rebalance its gas supply in the coming years but for that to happen, the necessary political signals should be sent. The EU needs to boost its domestic production and work hand in hand with its external partners to make additional supplies available on the market, not discourage Europe-oriented investments by pointing the finger at oil and gas” said François-Régis Mouton.
IOGP Europe understands the need to take exceptional and temporary measures to relieve the most vulnerable consumers in the current crisis, and looks forward to discussing them in a constructive spirit with EU policymakers.
“Fairness, consistency and balance need to be at the core of a solidarity contribution in order to avoid uneven conditions and double taxation for companies operating in the EU, or discouraging investments and global supplies from reaching the EU” added François-Régis Mouton.
- Publications
- Press Releases
- Events

Response to the European Commission’s consultation on the draft Clean Industrial Deal State Aid Framework (CISAF)

Joint statement on the role of LNG in Europe’s energy transition

Response to the Draft Delegated Regulation on CO₂ Injection Capacity Obligations

IOGP Europe views on Communication on the Action Plan for Affordable Energy

IOGP Europe Response to the Consultation on the Review of the Taxonomy Climate Delegated Act

The Joint Statement on the Low-Carbon Fuels certification draft Delegated Act

IOGP response to the public consultation on the draft Methodology to determine the greenhouse gas (GHG) emission savings of low-carbon fuels

Joint EGEC-IOGP Europe recommendations: Accelerating the deployment of Geothermal in Europe

IOGP Europe key principles on a future regulatory framework for CO2 transport infrastructure

Joint Statement – Harnessing the IPCEI mechanism for CCS in Europe

Joint Statement on the Low-Carbon Fuels certification Delegated Act

GasNaturally Letter to Competitiveness Council 23 May 2024

IOGP Europe response to European Commission survey on long-term contracts
Download
Joint industry position on EMIR 3 trialogues

Rebalancing Europe’s Gas Supply Second Edition

IOGP consultation response: Rationalisation of reporting requirements

Creating a sustainable business case for CCS value chains

Map of CO2 storage Projects in Europe

IOGP Europe position on the EU Industrial Carbon Management

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

Joint industry statement on the EU Taxonomy

IOGP response on Competitive Bidding schemes for hydrogen under the Innovation Fund

IOGP views on the proposed Regulation amending Regulation (EU) 2021/241 as regards REPowerEU chapters in Recovery and Resilience Plans

IOGP response to the consultation on ‘Securing the EU’s winter gas supply (storage measures)’

IOGP response to the consultation on certification of carbon removals – EU rules

IOGP comments to R. W. Howarth and M. Z. Jacobson (2021): How Green is Blue Hydrogen?

Re-Stream – Study on the reuse of oil and gas infrastructure for hydrogen and CCS in Europe

IOGP response to the public consultation on the Energy Taxation Directive (ETD) proposal

IOGP response to the public consultation on the Renewable Energy Directive (RED) proposal

IOGP feedback to the European Commission’s Roadmap on restoring sustainable carbon cycles

IOGP response to the public consultation on the Carbon Border Adjustment Mechanism (CBAM) proposal

IOGP position on the revision of the EU Emissions Trading System (EU ETS) Directive

IOGP response to the public consultation on the Energy Efficiency Directive (EED) proposal

IOGP response to the public consultation on the FuelEU Maritime proposal

IOGP response to public consultation on the revised Climate, Energy and Environmental Aid Guidelines (CEEAG)

IOGP Paper on metric to use for 2030 targets

IOGP response to the roadmap on the modification of the General Block Exemption Regulation (GBER)

Public consultation on the EU Action Plan “Towards a Zero Pollution Ambition for air, water and soil”

IOGP response to consultation on the revision of the Guidelines on State aid for environmental protection and energy (EEAG)

IOGP response to the Inception Impact Assessment on the revision of the Guidelines on State aid for environmental protection and energy (EEAG) 2014-2020

IOGP views on competition policy supporting the European Green Deal

IOGP statement on the European Commission’s 2030 Climate Target Plan

What’s Right? What’s Wrong? IOGP comments on the ‘EU Strategy for Energy System Integration’ and ‘A hydrogen strategy for a climate neutral Europe’

IOGP written input to the public consultation on the Carbon Border Adjustment Mechanism (CBAM)

IOGP views on State aid for environmental protection and energy (EEAG)

IOGP written input to the consultation “2030 Climate Target Plan”

IOGP response to the inception impact assessment concerning the revision of the 2018 Renewable Energy Directive (REDII)

IOGP feedback on the update of EU ETS monitoring and reporting rules (2021-30)

IOGP response to supplementary questions on the EIB Group’s Climate Bank Roadmap 2021-2025

IOGP response to consultation on the renewed Sustainable Finance strategy

Funding CCS in Europe: key investments for the recovery

IOGP response to the public consultation on the revision of Regulation (EU) 347/2013 on guidelines for TEN-E Regulation

IOGP response to targeted consultation on the revision of Regulation (EU) 347/2013 on guidelines for TEN-E Regulation

IOGP input to the Roadmap on the EU strategy on hydrogen in Europe

IOGP feedback to the Combined Evaluation Roadmap/Inception Impact Assessment on the revision of Regulation (EU) 347/2013 on guidelines for TEN-E

IOGP feedback to the roadmap for a Renovation Wave initiative for public and private buildings

IOGP input to the forthcoming EU Strategy for Energy System Integration

IOGP response to the EIB Group’s Climate Bank Roadmap 2021-2025

Input to the inception impact assessment on the FuelEU Maritime

IOGP feedback to the proposed European Climate Law

Feedback to the impact inception assessment “2030 Climate Target Plan”

New and old CCS projects in Europe: What’s different this time?

IOGP assessment of National Energy and Climate Plans

Methane Management in the Upstream Oil and Gas Industry: Policy recommendations in the context of the EU Methane Strategy

Scaling up Hydrogen in Europe

IOGP assessment of draft National Energy and Climate Plans

The potential for CCS and CCU in Europe Report to the thirty second meeting of the European Gas Regulatory Forum 5-6 June 2019

LNG – a fast lane to make Europe a leader in clean shipping

OGP contribution to the CCS Directive evaluation

Press Release: Roadmap to end Russian energy imports will require policy signals and regulatory adjustments to succeed.

Draghi Report: a pragmatic pathway to Competitiveness, Sustainability, and Resilience

Press release: Recognition of CCS on path to 2050 marks a step change, but approach to low-carbon solutions remains too narrow.

Net-Zero Industry Act marks a step change in industrial and climate policy – EU paves way for carbon capture and storage scale-up

New study identifies Europe’s supply options to replace Russian gas before 2030

REPowerEU Plan: domestic gas production deserves stronger role alongside imports and renewables in enhancing EU energy resilience

Re-Powering the EU by protecting well-functioning markets, enhancing strategic partnerships and boosting domestic production

Inclusion of gas in the Taxonomy Regulation supports EU ambition to reach climate neutrality by 2050

Gas market reform marks a step change in EU approach to the transition

New Re-Stream study assesses the feasibility of transport of hydrogen and CO2 in European gas and oil infrastructure

More inclusion needed to be fit for 55

Council’s inclusive approach to hydrogen sends strong signal ahead of key legislative year

EU Methane Strategy sets the right sequence to tackle the challenge

Guidelines for Methane Emissions target setting

IOGP supports the EU’s objective of climate neutrality by 2050

SPE Europe Energy Conference

Rebalancing Europe’s natural gas supplies – Learnings, future needs, and policy implications

Scaling up the energy transition whilst securing a stable suppy

Rebalancing Europe’s gas supply: presentation of report findings
