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CAPP regularly issues news releases related to occurrences in Canada’s oil and natural gas industry. Check this page regularly for the latest new releases.

CAPP Statement on MOU between federal government, Alberta and industry on the Pathways project and a West Coast pipeline

“The Canadian Association of Petroleum Producers (CAPP) welcomes the trilateral memorandum of understanding (MOU) between the federal government, the government of Alberta and Oil Sands Alliance members to establish the fiscal and regulatory frameworks to incent future production growth and utilize the proposed new pipeline infrastructure to the West Coast while also advancing the Pathways Project for Carbon Capture and Storage. These initiatives […]

7/13/2026

CAPP Statement on Ontario Unveiling Proposed Route for Northern Shield Energy Corridor | July 6, 2026

“Fast-tracking infrastructure and optimization required to develop both existing and new markets is an effective way to strengthen energy security across our continent and among our global trading partners, while building a more resilient and prosperous economy for Canadians. CAPP supports any new capacity that is commercially viable with a competitive policy and regulatory environment in place to […]

7/8/2026

CAPP Statement on MOU between federal government and British Columbia on major projects and infrastructure | July 2, 2026

The Canadian Association of Petroleum Producers (CAPP) is encouraged by the agreement’s focus on strategic infrastructure advancement, including LNG projects, trade corridors, and ports. Cooperative federalism through investments in transportation infrastructure can unlock Canada’s energy potential, build investor confidence and strengthen our role in global energy markets. Commitments to timely decision-making, meaningful First Nations participation and the advancement of projects such as LNG […]

7/8/2026

CAPP Statement on first LNG agreement between Canada and a European buyer

“As the first LNG agreement between Canada and a European buyer, this deal strengthens the commercial foundation of the proposed Ksi Lisims LNG project which, pending a final investment decision, could become the country’s second-largest export facility. Long-term LNG agreements like this can underpin economic growth for decades and help position Canada among the world’s […]

5/27/2026

CAPP response to the advancement of the Canada-Alberta MOU and industrial carbon pricing framework 

Calgary, Alberta (May 15, 2026)   “CAPP shares the priorities outlined by Prime Minister Carney and Premier Smith in the Canada-Alberta Memorandum of Understanding (MOU) to grow oil and natural gas production, build new export infrastructure, protect our competitiveness, and lower emissions. Canadians understand the urgency and speed with which we must move to face the twin challenges of a historic energy crisis and the rapid shifting of our global trading partners.  Agreements […]

5/15/2026

CAPP’s Statement on the federal government’s announcement on reforms to streamline major project reviews

“Today’s federal announcement to engage Canadians on reforms to streamline major project reviews has real potential to improve approval certainty and timelines. Measures to simplify processes, reduce duplication, and deliver a single comprehensive federal decision, while maintaining strong environmental standards and respecting Indigenous rights, are important steps in the right direction. We heard loud and clear this […]

5/8/2026

CAPP Statement on the Spring Economic Update

“CAPP remains supportive of the federal government’s vision of positioning Canada as a global energy superpower, and several measures in the Spring Economic Update represent concrete steps toward that goal. In particular, the LNG accelerated capital cost allowance and expanding the carbon capture investment tax credit to include enhanced oil recovery brings alignment between the […]

4/29/2026

CAPP Statement on the Announcement of an Agreement Between the Government of Newfoundland and Labrador and the Bay du Nord Project Proponents

CAPP welcomes today’s announcement of an agreement between the Government of Newfoundland and Labrador and the proponents of the Bay du Nord project, Equinor and bp. This agreement represents an important step forward as the project advances toward a final investment decision in 2027. Bay du Nord is a critically important project for both Canada […]

3/3/2026

CAPP Statement on Industrial Carbon Tax & Federal Methane Regulation

“The focus for Canada needs to be on enhancing the competitiveness of our key industries and positioning them to deliver the growth and diversification needed to strengthen our economy. The industrial carbon pricing framework proposed in the federal government’s Driving Effective Carbon Markets in Canada discussion paper will introduce increased complexity and cost across Canada’s major industries, […]

1/30/2026

CAPP Statement on Situation in Venezuela 

“We are monitoring the evolving situation but any commentary on how developments in Venezuela may impact Canadian oil producers at this time would be purely speculative. What these events underscore is that in an increasingly unpredictable world, Canada must continue its drive to be a more competitive place for energy investment to strengthen our economic […]

1/6/2026

CAPP Statement on the new Federal Methane Regulations

“CAPP will need time to fully review the new federal methane regulations before providing a more complete analysis. The upstream oil and natural gas sector requires competitive, practical, and achievable regulations to deliver Canada’s goal of becoming a global energy superpower and unlocking the growth potential of our country’s oil and natural gas resources. The […]

12/17/2025