Canadian Association Of Petroleum Producers

• Oil and gas sector warns emissions cap could lead to production curtailments

  Canada's oil and gas industry says the emissions cap framework announced by Ottawa could result in significant production curtailments by companies.

  Environment

  Dec 7, 2023
  
• Growing number of forecasts predict oil will reach US$100 this fall

  According to Statistics Canada, Canada's annual inflation rate has risen for two consecutive months, with higher gasoline and energy prices the major driving factor.

  Canada

  Sep 20, 2023
  
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• Unpaid oilpatch taxes rise again despite energy industry boom, say rural Alberta municipalities

  The 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.

  Economy

  Mar 7, 2023
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• Oil and gas investment in Canada to hit $40 billion in 2023, industry group says

  The Canadian Association of Petroleum Producers says investment is 11 per cent higher than last year and also surpasses pre-COVID-19 pandemic levels.

  Consumer

  Mar 1, 2023
• Canadian oilpatch likely to surpass 2022’s production record, but not by much

  In 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.

  Economy

  Dec 27, 2022
• 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.

  Canada

  Aug 4, 2022
• Trans Mountain pipeline to result in net loss for Ottawa: PBO

  Part 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.

  Canada

  Jun 22, 2022
• Scotiabank exits oil and gas lobby group CAPP

  Scotiabank 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.

  Canada

  May 11, 2022
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• War in Ukraine proof Canada must grow oil exports: industry

  Energy 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 gas

  Canada

  Mar 2, 2022
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• Budget officer finds $1B oil and gas orphan well liability by 2025; critics claim underestimate

  In a report released Tuesday morning, parliamentary budget officer Yves Giroux says the price tag will reach more than $1 billion by 2025.

  Canada

  Jan 25, 2022