European member states gave their final approval on March 28 to tougher national targets to cut emissions in some sectors and expand CO2-absorbing natural ecosystems like forests.
The two laws are part of a major package of climate change legislation passing through the European Union's policymaking process, designed to ensure the 27-country bloc cuts greenhouse gas emissions 55% by 2030, from 1990 levels.
European lawmakers last week gave their final approval. The decision will be published in the EU's Official Journal and enter into force.
Recommended Reading
Matador Resources Prioritizes Reducing Debt After $1.6B Acquisition
2023-04-27 - Matador expects a boost in production from its $1.6 billion Permian Basin acquisition and touts new “horseshoe” wells as first-quarter results came in above expectations
Exclusive: FireBird Energy Prowling Permian for Midland Basin M&A
2023-05-15 - After selling FireBird Energy LLC to Diamondback last year, the same team is searching for deals to develop another asset in the Midland, and possibly the Delaware Basin, too.
Sabine’s Looking for Acres: ‘If You Have Any Ideas,’ Get in Touch, CEO Says
2023-04-04 - The pureplay operator Sabine Oil and Gas is in the market to buy—preferably to add to its East Texas portfolio — but is also open to gassy assets in the Eagle Ford, Oklahoman Woodford and Utica.
California E&P Trio Petroleum Launches IPO
2023-04-18 - California-based Trio Petroleum has launched an IPO on the New York Stock Exchange American with expectations of raising $6 million in gross proceeds.
The OGInterview: Enbridge CEO Greg Ebel [WATCH]
2023-04-03 - Hart Energy Editorial Director Jordon Blum spoke to new Enbridge CEO Greg Ebel about the company's M&A prospects, investment in the energy transition, as well as its investments in LNG in Hart Energy LIVE's latest installment of The OGInterview.