IOGP Europe

What's needed to kickstart CCS in Europe? 5 takeaways from CCS value chain actors: 1️⃣Legal certainty is needed along the full value chain Policy stability, clear permitting processes, and strong EU-national coordination are crucial to unlocking investments and accelerating CCS deployment. The role of the Industrial Decarbonisation Bank and national funding and de-risking instruments will be decisive. 2️⃣Financing is a key bottleneck The business case for CCS remains challenging, and financial mechanisms like Carbon Contracts for Difference (CCfDs) and the proposed European CCS Bank are needed to de-risk investments and provide long-term certainty. 3️⃣Technology is ready, but infrastructure must scale up While CCS technologies are proven, cross-border CO₂ transport and storage networks need further development. A coordinated European approach will be essential to build a robust infrastructure framework. 4️⃣Industry is ready to act Hard-to-abate sectors, including cement, chemicals, lime and steel are committed to CCS but need the right financial and regulatory incentives to move from initial development phase to full-scale deployment. 5️⃣Collaboration is essential CCS is a complex value chain: it requires cross-sector cooperation. Industry, finance, Governments, EU policymakers: we need to keep working together to turn ambition into reality. Yesterday we hosted a multistakeholder Workshop, with industry leaders, policymakers, civil society and financial experts to discuss how to accelerate CCS deployment in Europe. A huge thank you to all speakers and participants who joined us yesterday. Stefanie Hiesinger ( European Commission) Jeroen Schuppers (European Commission) Jeannette Baljeu (European Parliament) Lucie Boost (GIE GROUP) Gabrielle Gauthey ( TotalEnergies) David Gil (ENTSOG) Stefano Miriello (CCSA) Fabienne Moimaux (BNP Paribas) Lina Strandvåg Nagell (Bellona Europa) Rodolphe Nicolle (CCS Europe) Fabio Poretti (CEWEP) Lavinia Rizea ( Representation of Romania to the EU) Jasmin Sharzad ( Danish Ministry of climate, Energy and Utilities) Jan Theulen (Heidelberg Materials) Klaas Verwer (Equinor) François-Régis Mouton (IOGP Europe) Caterina De Matteis (IOGP Europe) --------------------------------------------------------------- 🛢 We are the European voice of the oil and gas industry. 📰 Interested in data, policy positions, discussions, trends, events, and more? 🔔 Give us a follow and ring it on our profile.

📢 As times change, so should our solutions.   We're against extending the gas storage target to Dec 2027. With the energy crisis behind us, unnecessary and rigid storage targets could 𝗲𝘅𝗮𝗰𝗲𝗿𝗯𝗮𝘁𝗲 𝘀𝗲𝗮𝘀𝗼𝗻𝗮𝗹 𝗽𝗿𝗶𝗰𝗲 𝗱𝗶𝘀𝘁𝗼𝗿𝘁𝗶𝗼𝗻𝘀 and ultimately, 𝗶𝗻𝗰𝗿𝗲𝗮𝘀𝗲 𝗲𝗻𝗲𝗿𝗴𝘆 𝗰𝗼𝘀𝘁𝘀 for European consumers. IOGP Europe recommends that:  ✔️ Regulation should leverage market efficiency and flexibility by not extending storage filling obligations, but if absolutely necessary:  🟢 Substantially lower overall filling targets, 🟢 Remove intermediary targets, and  🟢 Increase the minimum cross-border storage obligation for Member States without underground gas storage facilities.   ️ ✔️ An extensive impact assessment be made to understand the necessity and risks of prolonging the storage target that is based on gas demand, supply conditions & cost-benefit impact. 🤝 Instead of prescriptive EU-wide mandates, there should be more focus on regional coordination and market driven approaches that will preserve competitiveness and make energy more affordable for European consumers. 👇 Read our full position below ---------------------------------------------------------------     🛢 We are the European voice of the oil and gas industry.     📰 Interested in data, policy positions, discussions, trends, events, and more? 🔔 Give us a follow and ring it on our profile.

“Always be the better version of yourself and not the worst version of someone else” Claudia Porretta Serapiglia , Head of Business Support & Services Management at Eni and a Board Director at IOGP, shared her thoughts on the significance of International Women's Day and tells us why diversity is a competitive advantage. 20 years ago she chose to be part of the transformation in the energy sector. We want to celebrate the women shaping the future of energy. That’s why throughout this month we’ll be sharing their stories. #IWD2025 ---------------------------------------------------------------    🛢 We are the European voice of the oil and gas industry.    📰 Interested in data, policy positions, discussions, trends, events, and more?   🔔 Give us a follow and ring it on our profile.

𝗡𝗼, 𝘁𝗵𝗶𝘀 𝗶𝘀 𝗻𝗼𝘁 𝗮 𝗕𝗮𝗻𝗸. Carbon Capture and Storage (CCS) is a critical tool for industrial decarbonisation. Yet, its deployment is 𝗻𝗼𝘁 𝗵𝗮𝗽𝗽𝗲𝗻𝗶𝗻𝗴 𝗳𝗮𝘀𝘁 𝗲𝗻𝗼𝘂𝗴𝗵.  Innovative financial mechanisms are needed to bridge the investment gap and accelerate action.    Together with senior representatives from the European Commission, the European Parliament, national governments, leading industries and finance experts, we’ll explore the financial and regulatory frameworks that can make CCS work.     Not just on paper. But in practice.  🔹How to scale up Carbon Capture and Storage (CCS)?  🔹And what innovative financial tools can boost it? 👉 Register here:  https://shorturl.at/6Lzmk    Looking forward to seeing you on 18 March. Gabrielle Gauthey, TotalEnergies | Stefanie Hiesinger, European Commission | Klaas Verwer Equinor | Lucie Boost, GIE | Rodolphe Nicolle, CCS Europe | Jan Theulen, Heidelberg Materials | Caterina De Matteis, IOGP Europe | Jeroen Schuppers, European Commission | Stefano Miriello, Carbon Capture and Storage Association | David Gil, ENTSOG | Fabio Poretti, CEWEP | Jazmin Sharzad, Danish Ministry of Climate, Energy and Utilities, Chief advisor | Lavinia Rizea, Representation of Romania to the EU | Jeannette Baljeu, European Parliament | Lina Strandvåg Nagell, Bellona Europa

“Back then, there was no accommodation or real consideration for how women would be supported in the offshore industry” Jaime Gatford, Strategy and Planning Manager at IOGP shares a compelling perspective on what it means to be a woman in the energy industry. With 25 years of experience, Jaime reflects on how the sector has evolved and the challenges she has navigated. We want to celebrate the women shaping the future of energy. That’s why throughout this month we’ll be sharing their stories. #IWD2025 ---------------------------------------------------------------   🛢 We are the European voice of the oil and gas industry.   📰 Interested in data, policy positions, discussions, trends, events, and more?   🔔 Give us a follow and ring it on our profile.

A week has passed since the European Commission proposed updates to EU Sustainability regulation. 🔎 Here’s what you should know: The 26 February Omnibus Package would bring significant changes to sustainability reporting, due diligence, and carbon border policies.  From easing reporting obligations to limiting due diligence scope, these proposed updates aim to balance sustainability goals with regulatory feasibility. 4 files would see important changes: 🔹 EU Taxonomy: Optional reporting for smaller companies, with more flexibility on alignment.  🔹 CSRD: Scope reduced to smaller companies, sector-specific reporting removed, and no transition to reasonable assurance.  🔹 CSDDD: Due diligence now limited to direct business partners, extended reassessment timeline, and removal of the EU-wide liability regime.  🔹 CBAM: Simplified reporting, extended deadlines, and a 50-tonne mass exemption ease administrative burdens and exempt 90% of importers from CBAM obligations The co-decision process with Parliament and Member States begins now, and we’ll be back with more updates.  --------------------------------------------------------------- 🛢 We are the European voice of the oil and gas industry. 📰 Interested in data, policy positions, discussions, trends, events, and more? 🔔 Give us a follow and ring it on our profile.

Progress happens when we create opportunities.   Not wait for them.   In the energy sector, women play an increasingly vital role in driving innovation, sustainability, and leadership.   We believe real progress comes from action.   And it’s all about attracting and empowering the best talents.     IOGP Europe’s team – diverse in gender, generation, nationality, and skills – is living proof that inclusion fuels creation, innovation, and impact.     We want to celebrate the women shaping the future of energy.  That’s why throughout this month we’ll be sharing their stories – we can’t wait for you to meet them!    #IWD2025 ---------------------------------------------------------------     🛢 We are the European voice of the oil and gas industry.     📰 Interested in data, policy positions, discussions, trends, events, and more?     🔔 Give us a follow and ring it on our profile.   

Less than 2 weeks left to register for our workshop! '𝗧𝗵𝗶𝘀 𝗶𝘀 𝗻𝗼𝘁 𝗮 𝗯𝗮𝗻𝗸: 𝗨𝗻𝗹𝗼𝗰𝗸𝗶𝗻𝗴 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝗳𝗼𝗿 𝗖𝗖𝗦' Carbon Capture and Storage (CCS) is a critical tool for industrial decarbonization, yet deployment is not fast enough. We need innovative financial mechanisms to bridge the investment gap and accelerate action. We are hosting a multistakeholder workshop where policymakers, industry leaders, and experts will discuss how to unlock CCS investment and integrate it into the EU Innovation Fund. 𝗪𝗵𝘆 𝗶𝘀 𝘁𝗵𝗶𝘀 𝗰𝗿𝘂𝗰𝗶𝗮𝗹? ✅ Hard-to-abate industries need scalable CCS solutions - but financing remains a major barrier.  ✅ Carbon Contracts for Difference (CCfDs) could be a game-changer in driving investment.  ✅ We must ensure CCS policies successfully support our climate, energy security, and industrial competitiveness goals. 📍 Hybrid Event – Brussels & Online  ⏰ March 18, 2025 | 10:30 - 14:00 CET 👉 Secure your spot now: https://shorturl.at/6Lzmk 𝗖𝗼𝗻𝗳𝗶𝗿𝗺𝗲𝗱 𝘀𝗽𝗲𝗮𝗸𝗲𝗿𝘀: 🔹Lucie Boost, GIE Secretary General 🔹Gabrielle Gauthey, TotalEnergies Senior Vice-President for European Public Affairs 🔹Rodolphe Nicolle,  CCS Europe Chair & European Lime Association (EuLA)  Secretary General 🔹Jan Theulen, Heidelberg Materials CCUS lead and Director for Technology & Partnerships 🔹Jeroen Schuppers, European Commission, Senior Expert, Clean Energy Transitions 🔹David Gil, ENTSOG, Interoperability & Data Exchange Subject Manager 🔹Fabio Poretti, CEWEP Technical & Scientific Officer 🔹Stefano Miriello, CCSA Head of EU External Affairs 🔹Jasmin Sharzad, Chief Advisor, Danish Ministry of Climate, Energy and Utilities  🔹Lina Strandvåg Nagell, Bellona Europa Deputy Director & Head of Policy 🔹Klaas Verwer, Equinor Head of Policy & Regulatory Affairs 🔹François-Régis Mouton, IOGP Europe Managing Director 🔹Caterina De Matteis, IOGP Europe, Senior Policy Manager, Energy & Climate More speakers will be announced soon! --------------------------------------------------------------- 🛢 We are the European voice of the oil and gas industry. 📰 Interested in data, policy positions, discussions, trends, events, and more? 🔔 Give us a follow and ring it on our profile.

🗞️ Proud to share that Gabrielle V. Senior Policy Manager, ESG and Environment, is featured in Forbes! She shares her insights on the future of sustainability reporting in the EU, particularly the 1st Omnibus proposal. A key takeaway? The European Commission’s decision to remove sector-specific standards—just as Gabrielle had anticipated after years of work in the field. Her journey highlights the challenges of shaping policy, especially as a woman in sustainability and energy. Persistence and expertise make an impact, and this feature is proof of that.   🔗 Read the full article below! https://lnkd.in/eHx9sCs3 --------------------------------------------------------------- 🛢 We are the European voice of the oil and gas industry. 📰 Interested in data, policy positions, discussions, trends, events, and more? 🔔 Give us a follow and ring it on our profile.