The aim of this study is to investigate the effect of CO2 on catalytic hydrotreatement of gas‐oil to evaluate the potential of catalytic co‐ hydroprocessing of petroleum fractions with liquid biomass. A total of six experiments were conducted under low (330 °C), mild (345 °C) and severe (360 °C) operating conditions employing straight run gas‐oil as the petroleum fraction feedstock. During three of these experiments CO2 was artificially added to the reaction system to assess its impact on the associated catalytic reactions over a commercial CoMo/Al2O3 catalyst. The dedicated experiments revealed a suspending role of CO2 on hydro‐ desulfurization (HDS), hydro‐denitrogenation (HDN), and saturation reactions, which is attributed to the subsequent hydrogen partial pressure reduction of the reacting system caused by the competitive water gas‐shift and methane reforming reactions.