EU may pause methane penalties for oil and gas firms

The European Commission drafted plans to let energy firms avoid methane law penalties during supply crises. The move follows pressure from the U.S. government.

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The European Commission has drafted plans to suspend penalties for oil and gas firms breaching methane emissions laws. The proposal follows pressure from industry groups and the United States government regarding fuel import stability. Energy markets remain volatile as the EU seeks to secure supplies.

Leeway for Importers Amid Supply Risks

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