EU Delays Methane Emission Rules to Lower Fuel Costs
Ursula von der Leyen announced a one-year extension for oil and gas importers to comply with EU methane emission rules to reduce industry costs.
European Commission President Ursula von der Leyen announced a one-year extension for exporters to comply with the European Union's methane emission rules. The stricter reporting requirements for oil and gas importers, originally scheduled for January 2027, are now delayed to alleviate financial pressure on companies struggling with high fuel prices.
This policy shift is part of a broader strategy to protect the industry from energy costs exacerbated by conflicts in Ukraine and the Middle East. The move coincides with a Group of Seven agreement to release 100 million barrels of diesel and crude oil to stabilize markets.
To further secure energy supplies and lower prices across the bloc, the European Commission will establish a dedicated dialogue on European refineries.