Inefficient and duplicative climate policies are among the factors discouraging investment in Canada’s natural gas and oil industry — prompting companies to move operations to countries with little or no emissions-reduction programs thus increasing future global emissions, according to Competitive Climate Policy: Supporting Investment and Innovation, the third in a series of economic reports released by … Read more
The Government of Canada’s acquisition of the existing Trans Mountain Pipeline system and Trans Mountain expansion pipeline is a long-term commitment in the future of the country’s oil and natural gas industry. CAPP is pleased the construction of this project will get underway – demonstrating confidence in Canada’s energy sector and ensuring full market value for the … Read more
Rising government costs, the burden of inefficient regulations, and the lack of infrastructure to move Canadian energy to growing markets are all undermining investor confidence in Canada and negatively affecting the country’s ability to attract the capital needed to create jobs and national prosperity, according to A Global Vision for Canadian Oil and Natural Gas, the … Read more
Population growth around the world is increasing demand for more energy in every form, creating a chance for Canada both to share its energy prosperity abroad and drive to a lower-carbon economy at home, according to an analysis and forthcoming report by the Canadian Association of Petroleum Producers. The analysis leads CAPP to recommend a six-part … Read more
Energy free trade under the North American Free Trade Agreement has been good for the people of Canada, the United States and Mexico, keeping energy on the continent more affordable and reliable for citizens and the economy, according to a joint paper released by the Canadian Association of Petroleum Producers, the American Petroleum Institute and … Read more
A new report, A Competitive Policy and Regulatory Framework for Alberta’s Upstream Oil and Natural Gas Industry, by the Canadian Association of Petroleum Producers, finds that the provincial government and the energy industry could create more than 24,000 new jobs for Albertans and grow the province’s economy by nearly $5 billion over the next three years … Read more
The Canadian oil and gas industry’s 2012 Responsible Canadian Energy (RCE) progress report was released by the Canadian Association of Petroleum Producers (CAPP). CAPP president Dave Collyer said Canada’s oil and natural gas industry delivers energy to Canada and the world in a responsible way every day. Collyer added that this report is an opportunity … Read more
Some highlights of a recent poll of 2,406 Americans, conducted by Anderson Insight for the Canadian Association of Petroleum Producers (CAPP) include: 74 per cent see Canada as the best choice among oil suppliers in terms of the “economic interests of America,” compared to 14 per cent who pick Mexico, nine per cent Saudi Arabia … Read more
The Canadian Association of Petroleum Producers responded to comments about natural gas hydraulic fracturing attributed to NDP Leader Tom Mulcair (Outremont, QC). Association president Dave Collyer said in late January, the association announced new Canada-wide hydraulic fracturing operating practices designed to improve water management and water and fluids reporting for shale gas and tight gas … Read more
According to the Canadian Association of Petroleum Producers' "2012 Crude Oil Forecast, Markets and Pipelines Outlook," Canadian crude oil production will more than double to 6.2 million barrels per day by 2030 from three million barrels per day in 2011. Vice-president of the association Greg Stringham said resurging growth in Western Canadian conventional oil production … Read more
