Alberta News

CALGARY — Cenovus Energy Inc. is aiming to cut as many as one in four jobs — potentially more than 2,000 workers — if it succeeds in its $3.8-billion friendly takeover of rival Husky Energy Inc.

CALGARY — Suncor Energy Inc. is moving its PetroCanada head office to Calgary from two offices in Ontario next year, affecting about 700 workers.

CALGARY — It's business as usual for oilsands producer MEG Energy Corp., its CEO says, despite speculation it could be a takeover target in the wake of the $3.8-billion buyout of Husky Energy Inc. announced by Cenovus Energy Inc. on Sunday.

EDMONTON — Monday's re-election of another incumbent premier in Canada's third recent provincial election shows Canadians don't want to "rock the boat" during a global pandemic, say political experts.

EDMONTON — The union representing Alberta health-care staff who walked off the job Monday to protest recent cuts says its members will return to work after the province's labour relations board ruled they acted illegally.

EDMONTON — Monday's re-election of another incumbent premier in Canada's third recent provincial election shows Canadians don't want to "rock the boat" during a global pandemic, say political experts.

EDMONTON — Joey Moss — a legendary locker-room attendant for the NHL's Edmonton Oilers and CFL's Edmonton Football Team — has died. He was 57. The Edmonton Football Team confirmed the death on Monday by saying the city has lost a "hero.

EDMONTON — Social gatherings in Alberta's two biggest cities have been limited to 15 people after new daily COVID-19 cases reached the 500 mark on the weekend.

CALGARY — MEG Energy Corp. beat expectations as it posted its third consecutive quarter of net losses on a 44-per-cent drop in revenues caused by lower bitumen production and realized prices.

CALGARY — PrairieSky Royalty Ltd. says its oil and gas revenue and net earnings staged a rebound in the third quarter ending Sept. 30 as oil prices recovered from pandemic-related lows.