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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 commissioned report shows a stringent emissions cap could cost Canada 51,000 jobs and $247 billion in GDP contributions by 2035

May 27, 2024 (Calgary, Alberta) An economic impact assessment report completed by S&P Global Commodity Insights for the Canadian Association of Petroleum Producer (CAPP) shows that a scenario where a stringent 40% emissions cap is applied from 2030 could lead to significant cuts in domestic conventional oil and natural gas production, reaching a one million […]


CAPP Statement on the Trans Mountain Expansion Project

May 1, 2024 (Calgary, Alberta)  “The completion of the Trans Mountain Expansion Project promises to deliver economic, social, and geopolitical benefits to Canada. With improved access to global markets, Canadians can look forward to receiving higher value for our energy resources, meaning more money coming back into the economy. This contributes to our GDP, which […]


Statement by the Canadian Association of Petroleum Producers on the 2024 Federal Budget

April 16, 2024 (Calgary, Alberta) Statement from Lisa Baiton, CAPP President & CEO: Canada’s world-class resource base stands as one of our foremost competitive advantages. The Bank of Canada has warned that weak productivity and low business investment is a national emergency. An economic and public policy environment that leverages Canada’s world-class resource base to […]


CAPP statement on the sale of the Prince Rupert Gas Transmission Project to the Nisga’a Nation and Western LNG

Mar 14, 2024 (Calgary, Alberta)  “Additional natural gas corridors are integral to unlocking Canada’s potential as a global supplier of responsibly produced liquefied natural gas (LNG). The sale of the Prince Rupert Gas Transmission Project to the Nisga’a Nation and Western LNG is another example of the integral role Indigenous leadership is playing in advancing […]


CAPP Statement on the Draft Amendments to Federal Methane Emissions Regulations

"We recognize the merits of reducing methane emissions in an ambitious, efficient, and technically achievable way. Over the past decade the conventional upstream sector has reduced methane emissions while growing production and is on track to exceed the current federal government target of a 40 to 45 percent reduction by 2025."