QatarEnergy and ExxonMobil Warn EU: Sustainability Law Could Threaten Europe's LNG Supply
November 3, 2025
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
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Sources

Yahoo Finance • Nov 3, 2025
ExxonMobil Threatens To Leave EU Over Sustainability Rules
TradingView • Nov 3, 2025
QatarEnergy, Exxon executives warn of Europe exit over climate law
The Edge Malaysia • Nov 3, 2025
ExxonMobil warns EU law could force exit from Europe
Economic Times • Nov 3, 2025
ExxonMobil warns EU law could force exit from Europe