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.
March 11, 2026 First and foremost, the current conflict is directly impacting the lives tens of millions of people, and it is having a rippling effect around the world. It is positive to see IEA members from across the globe collaborate on a strategic release of oil storage to do what they can to mitigate […]
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 […]
“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, […]
“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 […]
“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 […]
“CAPP welcomes the memorandum of understanding (MOU) between the federal and Alberta governments, which reflects an earnest commitment to collaborate and grow Canada’s oil and natural gas industry. The elimination of the emissions cap, changes to the Competition Act, and the commitment to work together on new market access are all significant steps towards unlocking […]
“The second announcement of major projects deemed to be in the national interest is another step towards Canada’s goal of becoming a global energy superpower. With Ksi Lisims LNG and the related Prince Rupert Gas Transmission project joining LNG Canada Phase 2 on the major projects list, paired with Cedar and Woodfibre LNG which are […]
The Canadian Association of Petroleum Producers (CAPP) is supportive of the Government of Alberta’s work to advance a West Coast pipeline to gain greater market access for Alberta’s oil and natural gas producers. Premier Smith and Energy Minister Jean have consistently shown strong leadership and a continued drive for Alberta to play a much larger role […]
FOR IMMEDIATE RELEASE Calgary, AB – September 22, 2025 – The Canadian Association of Petroleum Producers (CAPP) today announced the release of the iTOTEM Analytics report, Natural Gas Builds B.C.: A 2022–2024 Update on B.C. Natural Gas Supply Chain and Community Contributions. The report shows natural gas supply chain spending in British Columbia has grown since 2018, […]
“The Canadian Association of Petroleum Producers (CAPP) welcomes the joint approval of the Ksi Lisims LNG project by British Columbia and the federal government. The receipt of the Environmental Assessment Certificate (EAC) is a key regulatory milestone which marks a significant step forward in advancing one of the country’s most promising Indigenous partnerships in energy development. Led […]
September 11, 2025. Statement from Lisa Baiton, CAPP President & CEO “CAPP and our members remain strongly supportive of the Team Canada approach to building major projects faster in Canada. The process developed through the implementation of Bill C-5, the One Canadian Economy Act, will help advance the nation-building projects announced today. CAPP looks forward […]
For Immediate Release CAPP Statement on the launch of the federal government’s new major projects office August 29, 2025 (Calgary, Alberta) “The Canadian Association of Petroleum Producers (CAPP) applauds the launch of the federal government’s new major projects office and congratulates Dawn Farrell for her appointment as Chief Executive Officer. Her extensive experience in the […]