Statement from Canadian Association of Petroleum Producers (CAPP) on the Federal Government’s draft methane regulations
"Canada’s upstream oil and natural gas producers are among the global leaders in methane reductions."
12/4/2023
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.
Statement from Canadian Association of Petroleum Producers (CAPP) on Alberta hitting its methane reduction target three years early
“The Canadian Association of Petroleum Producers (CAPP) is pleased to see the announcement today by the Government of Alberta that the provincial methane reduction target from oil and natural gas operations has been met well ahead of schedule."
11/28/2023
Canadian Association of Petroleum Producers (CAPP) Statement on the 2023 Federal Fall Economic Statement
"While many of the details are yet to be released, there are three areas of interest CAPP will be watching closely in the coming weeks."
11/21/2023
Canadian Association of Petroleum Producers (CAPP) Announces Board of Directors Officer Changes
The Canadian Association of Petroleum Producers (CAPP) is pleased to welcome Paul Myers as its new Chair of the Board of Directors. Paul is the President of Pacific Canbriam Energy and is a 35-year veteran of the oil and gas industry with experience in North America, Europe, and West Africa.
11/8/2023
Statement from CAPP on the Supreme Court decision on the constitutionality of the Impact Assessment Act:
“CAPP is currently reviewing the decision. As an intervener in this process, we agreed with the Alberta Court of Appeal that the provinces are best positioned to review and regulate resource development projects within their own borders,"
10/13/2023
CAPP Analysis: Emissions from conventional oil and natural gas sector fell 24 percent in the last decade
From 2012 to 2021, conventional natural gas and oil producers lowered their absolute scope 1 carbon dioxide equivalent (CO2e) emissions by 24 percent while growing total production by 21 percent.
8/31/2023
2023 Energy NL Conference – Newfoundland and Labrador’s Offshore: An Opportunity Reimagined
"Although I have visited this province many times, this is the first time I get to address an audience in Newfoundland and Labrador, thanks to Energy NL – an organization we have partnered with for many years."
5/30/2023
2023 BMO-CAPP Energy Symposium Investor Conference Opening Remarks
April 5, 2023 - It gives me great pleasure to welcome you to the BMO Capital Markets and CAPP Energy Symposium.
4/5/2023
CAPP Statement: 2023 Federal Budget
"Today’s budget acknowledges the need to act and recognizes more measures were required to compete globally for clean technology investments."
3/28/2023
CAPP Projects Upstream Oil and Natural Gas Investment Will Reach $40 Billion in 2023
The Canadian Association of Petroleum Producers (CAPP) is forecasting oil and natural gas investment in upstream production will hit $40.0 billion in 2023, surpassing pre-Covid investment levels.
3/1/2023
Our Communities Care: Study Traces British Columbia’s Natural Gas and Oil Supply Chain Investment Across 140 Municipalities, Providing Significant Local and Indigenous Business Opportunities
The study concluded, “A strong upstream natural gas and oil supply chain, as demonstrated by the thousands of businesses working in B.C. between 2018 and 2021, can help us achieve our collective goal of a decarbonized future.
1/19/2023
Canadian Association of Petroleum Producers President & CEO Responds to the Federal Government’s Plan for a Just Transition
It is important the federal government recognizes Canada’s energy workers and Canada’s oil and natural gas resources will be needed for the foreseeable future to provide a source of safe, secure, affordable and reliable energy.
1/17/2023