QatarEnergy and ExxonMobil Warn EU: Sustainability Law Could Threaten Europe's LNG Supply

November 3, 2025
QatarEnergy and ExxonMobil Warn EU: Sustainability Law Could Threaten Europe's LNG Supply
  • QatarEnergy's CEO warned that Europe risk losing LNG supplies if the EU pushes ahead with the Corporate Sustainability Due Diligence Directive (CSDDD) and enforces penalties, including a potential 5% global turnover fine in the energy sector.

  • ExxonMobil's chief warned the law is unrealistic and could force exits from the EU, describing it as overreach that might make it impossible for the company to stay in Europe.

  • Both ExxonMobil and QatarEnergy signaled they could withdraw from Europe or demand major revisions, signaling potential disruptions to Europe’s energy security and billions in trade.

  • The EU Parliament agreed to review the regulation amid industry pressure, but supporters and critics remain deeply divided on the directive’s scope and enforcement.

  • Ford posted a 1.6% rise in US sales in October despite a slump in EV demand, showing resilience in traditional and hybrid vehicle segments.

  • The story frames a clash between climate-and-rights goals and practical business implications for market access in Europe, with trilogue talks shaping the final balance.

  • Airbus delivered 78 aircraft in October, underscoring continued production and delivery momentum for the European aerospace giant.

  • European Parliament committees and trilogue talks aim to narrow the law’s scope and ease reporting, while keeping fines up to 5% of global turnover in play.

  • Woods indicated in September that he was in contact with the Trump administration about the law, highlighting ongoing political pressure and potential policy shifts.

  • European Parliament is negotiating changes with ambitions to finalize by year-end, despite firm industry opposition and indications of continued revisions.

  • EU negotiators are weighing amendments to the directive, while Qatar and the U.S. urge Europe to reconsider for energy reliability and affordability.

  • Investors signaled activity in the Irish banking sector with Hunter Moon Capital taking a stake in Permanent TSB.

Summary based on 20 sources


Get a daily email with more World News stories

Sources



ExxonMobil warns EU law could force exit from Europe

ExxonMobil warns EU law could force exit from Europe

More Stories