Canadian Association Of Petroleum Producers
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Oil and gas sector warns emissions cap could lead to production curtailmentsCanada's oil and gas industry says the emissions cap framework announced by Ottawa could result in significant production curtailments by companies.EnvironmentDec 7, 2023
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Growing number of forecasts predict oil will reach US$100 this fallAccording to Statistics Canada, Canada's annual inflation rate has risen for two consecutive months, with higher gasoline and energy prices the major driving factor.CanadaSep 20, 2023
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Unpaid oilpatch taxes rise again despite energy industry boom, say rural Alberta municipalitiesThe Rural Municipalities of Alberta said energy companies now owe towns and villages in which they operate a total of $268 million — up 261 per cent since 2018.EconomyMar 7, 2023
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Oil and gas investment in Canada to hit $40 billion in 2023, industry group saysThe Canadian Association of Petroleum Producers says investment is 11 per cent higher than last year and also surpasses pre-COVID-19 pandemic levels.ConsumerMar 1, 2023
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Canadian oilpatch likely to surpass 2022’s production record, but not by muchIn Alberta alone, over the first 10 months of 2022, crude production averaged 3.7 million barrels per day — an all-time record thanks to surging global demand.EconomyDec 27, 2022
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Proposed emissions cap on oil and gas sector ‘overly ambitious’The head of Canada's largest oil-and-gas producing company criticized the federal government's proposed emissions cap for the energy sector Thursday.CanadaAug 4, 2022
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Trans Mountain pipeline to result in net loss for Ottawa: PBOPart of the reason why the value of Trans Mountain is declining as the project costs soar is due to the way oil companies pay for the use of the pipeline.CanadaJun 22, 2022
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Scotiabank exits oil and gas lobby group CAPPScotiabank is not renewing its long-running membership in CAPP, at a time when financial institutions face growing scrutiny for their role in contributing to climate change.CanadaMay 11, 2022
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War in Ukraine proof Canada must grow oil exports: industryEnergy companies say the war in Ukraine is reason to increase fossil fuel production, but environmentalists say that's the reason to invest in renewables and get off oil and gasCanadaMar 2, 2022
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Budget officer finds $1B oil and gas orphan well liability by 2025; critics claim underestimateIn a report released Tuesday morning, parliamentary budget officer Yves Giroux says the price tag will reach more than $1 billion by 2025.CanadaJan 25, 2022
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