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External Media

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.

Cenovus Indigenous housing
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UNDRIP

The United Nations Declaration on the Rights of Indigenous Peoples (UNDRIP) was adopted by the United Nations General Assembly in September 2007. UNDRIP consists of 46 articles that relate to the rights of Indigenous peoples around the world. The document establishes a universal framework to enshrine the individual and collective rights that constitute the minimum […]

Canadian oil and gas innovation
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Innovation

Canada’s oil and natural gas industry is committed to leadership in environmental performance and is actively working to reduce environmental impacts through project design, operating facilities efficiently and safely, and continually investing in research, innovation and technology.

Monitoring methane emissions
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Methane Emissions

Methane, the main component of natural gas, is a greenhouse gas. 

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Drought Preparedness

In 2024, parts of Western Canada are experiencing severe drought conditions and low water levels. Drought impacts are evident in some oil and natural gas operating areas, which may impact industrial access to fresh water. Oil and natural gas companies normally divert fresh surface water during periods of high flow (spring freshet) and store the […]

Fishing Vessels in St. Johns oil and gas
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Fishing Industry

Canada’s offshore oil and natural gas industry works to develop collaborative relationships with the fishing industry.

Offshore oil
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Offshore

About 4% of Canada’s oil production comes from four developments offshore Newfoundland and Labrador: Hibernia, Terra Nova, White Rose, and Hebron. (Source: Canadian Energy Regulator) One offshore project is in development – West White Rose. There is potential for future development from other discoveries in the area. Bay du Nord, for example, is an offshore […]

Oil and natural gas industry
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Climate Change

Canada's oil and gas industry has proven it can grow production while lowering emissions.

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Land Reclamation

Returning land disturbed by energy production to a natural state is called “reclamation.” 

External Media

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.