Enhanced oil recovery (EOR) is primarily a technology utilized to increase the extraction of oil. The CO2 injected in the process could theoretically be considered for deduction in the calculation of embedded emissions if the oil extraction site provides for a long-term geological storage site and provided that certain criteria are met. The conditions, identical to those for carbon capture and storage (CCS), are spelled out in Annex III, Section B.8.2 to the Implementing Regulation (Section 6.5.6.2 of the guidance provides more explanations).

Source: EC’s Questions and Answers on CBAM 

CBAM Regulation

• CBAM Regulation 2023_1773

• EU to support energy-intensive sectors with temporary decarbonization fund propos
• Why is the EU putting in place a Carbon Border Adjustment Mechanism?
• What is the current stage of implementation of CBAM?
• How does the CBAM work?
• How does CBAM interact with the EU Emissions Trading System (ETS)?