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Exclusive-QatarEnergy, Exxon Executives Warn of Europe Exit over Climate Law

Summary by Oil & Gas 360
(Investing) – ABU DHABI  -Executives at two of Europe’s top gas suppliers, ExxonMobil and QatarEnergy, on Monday warned they could stop doing business with the European Union if it does not significantly loosen a sustainability law that could impose fines of 5% of their global revenue. Exxon CEO Darren Woods told Reuters on the sidelines of the ADIPEC meeting in Abu Dhabi that the EU’s Corporate Sustainability Due Diligence Directive would have “
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Abu Dhabi: The CEOs of ExxonMobil and Qatar Energy warned on Monday that the companies could end their operations in the European Union unless substantial changes are made to a draft sustainability law that could impose fines of up to 5% of global revenue. ExxonMobil CEO Darren Woods told Reuters on the sidelines of the ADIPEC energy conference […]

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Energy News for the United States Oil & Gas Industry | EnergyNow.com broke the news in on Monday, November 3, 2025.
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