Minister O’Regan Launches $750-Million Fund for Oil and Gas Companies to Reduce Methane Emissions 

The Honourable Seamus O’Regan, Minister of Natural Resources, today launched the $750-million Emissions Reduction Fund to reduce methane and GHG emissions. This fund provides primarily repayable funding to eligible onshore and offshore oil and gas firms to support their investments to reduce GHG emissions by adopting greener technologies and help maintain jobs in a time of economic hardship and uncertainty.