CAPP Statement: Continuing with the Development of the Terra Nova Asset Life Extension Project
June 16, 2021 - Today's agreement in principle to continue with the development of the Asset Life Extension Project, with the intent to move to a sanction decision in the fall is welcome news.
CAPP Reaction to the Federal Government’s Budget 2021: A Recovery Plan for Jobs, Growth, and Resilience
April 19, 2021 - CAPP will continue to review the federal budget to fully understand the details; however, the emphasis on clean technology innovation and a lower emissions future is in line with industry’s goals.
2021 Scotiabank CAPP Energy Symposium
March 31, 2021 - The 2021 Scotiabank CAPP Energy Symposium will take place on April 6-7 in a virtual format. This year's keynote speakers, fireside chats and panels will be hosted as a video webcast on a WebEx platform.
CAPP Statement: Supreme Court of Canada upholds Constitutionality of Federal Carbon Tax
Mar 25, 2021 - Based on the Supreme Court of Canada’s decision, it will be important for the federal government and provinces to work together to support Canada’s environmental and economic objectives.
Oil Sands Procurement from Indigenous Suppliers Increases to $2.4 billion
Feb 18, 2021 - A survey by the Canadian Association of Petroleum Producers (CAPP) of oil sands producers shows the increasing role of Indigenous suppliers to the industry. In 2019, about $2.4 billion was spent on procurement from Indigenous businesses; 16 per cent higher than in 2018 and 53 per cent higher than in 2017.
The Offshore Oil and Gas Industry is Critical to Newfoundland and Labrador’s Economic Future: CAPP’s Newfoundland and Labrador Energy Platform
Feb 1, 2021 - The Canadian Association of Petroleum Producers (CAPP) has released its Newfoundland and Labrador Energy Platform, highlighting the critical role of the offshore oil and natural gas industry in the province’s economic recovery.
Natural Gas and Oil Industry Investing in Canada’s Economic Recovery
Jan 13, 2021 - CAPP forecasts an increase of more than $3 billion in planned upstream spending for 2021
CAPP Statement: Canadian Government’s Environment and Economy Plan
Dec 11, 2020 - We note the positive decision by government to limit the application of the Clean Fuel Standard to liquid fuels in response to concerns raised by Canadians as well as the business community.
CAPP Statement: Canadian Net-Zero Emissions Accountability Act
Nov 19, 2020 - Any pathway to net-zero includes the efficient use of oil and natural gas. There are important opportunities for industry to contribute given our expertise in these areas.
CAPP Statement: Election of Joe Biden as President of the United States of America
Nov 9, 2020 - The United States remains Canada’s largest customer for natural gas and oil exports and the decades of cooperation on energy trade has delivered immense benefits to both of our countries.
CAPP Statement: 2020 Call for Bids Results in Newfoundland and Labrador
Nov 4, 2020 - While investment decisions can be impacted by a variety of factors including fiscal challenges and the pandemic, putting the right policies in place will help improve competitiveness.
CAPP Statement: Saskatchewan Election
Oct 27, 2020 - The province’s petroleum sector plays an important role in economic recovery, creating jobs and boosting provincial revenues.
CAPP Statement: B.C. Election
Oct 26, 2020 - As British Columbia looks to economic recovery, it is more important than ever for industry leaders and governments to work together.
CAPP Statement: 2021 NOVA Gas Transmissions Ltd. System Expansion Project Approval
Oct 20, 2020 - The Natural Gas industry is a pillar of Canada’s economy and fundamental to our post-pandemic recovery.
CAPP Statement: Alberta Government’s Action to Incent New Drilling
Oct 20, 2020 - Municipal taxes and assessments for oil and natural gas are one of the biggest competitive issues facing this province today.
CAPP Supports Alberta Government’s Vision for Natural Gas
Oct 6, 2020 - Natural gas is one of the fastest growing sources of energy in the world and demand is expected to grow for decades to come.
CAPP Statement: Federal Funding for the Offshore Oil and Gas Industry in Newfoundland and Labrador
Sept. 25, 2020 - We are hopeful that today’s announcement will make a difference as offshore operators make critical investment decisions in the coming weeks and months
CAPP Statement on Government of Newfoundland and Labrador Announcement on Exploration Incentives
Sept. 24, 2020 - CAPP is pleased to see the Government of Newfoundland and Labrador committing to reinvest industry funds into exploration incentives.
CAPP Reacts to the Government of Canada’s Speech from the Throne
Sept 23, 2020 - The energy sector was identified in the Throne Speech as essential to the idea of building back better with its expertise and ability to innovate.
New National Poll Shows Canadians are most Concerned about the Economy, Want a Strong Natural Gas and Oil Sector to Drive Recovery
Sept. 22, 2020 - When it comes to strategic direction, nearly two-thirds of Canadians (64 per cent) say that natural gas and oil need to be a part of Canada’s recovery and more than half (55 per cent) believe supporting jobs in Canadian natural gas and oil is more important than ever because we need it to kick start our economy.