Alberta News

Cenovus shares plummet on news of its $3.8-billion deal to buy oilsands rival

CALGARY — The all-share deal by Cenovus Energy Inc. to buy Husky Energy Inc. for about $3.8 billion will likely spark more mega-mergers among Canadian oil and gas majors, according to a veteran oilsands analyst.

Oct 26, 2020 2:34 PM Read more >

Watchdog agency asked to look into man's death following arrest at LRT station

CALGARY — Alberta's police oversight agency has been asked to investigate a death that police say happened after a suspect was arrested at a light-rail train station.

Oct 25, 2020 4:13 PM Read more >

Cenovus to buy Husky Energy for $3.8 billion in shares, CEO will be Alex Pourbaix

CALGARY — A surprise move by Cenovus Energy Inc. to buy rival Husky Energy Inc. for $3.8 billion in shares will create the third-largest Canadian oil and natural gas producer by total production, the companies announced Sunday.

Oct 25, 2020 1:22 PM Read more >

Inquiry into oil and gas foes to deliver report next year: Kenney

CALGARY — An inquiry into who is funding environmental opposition to the province's oil and gas sector will be completed some time next year, at least six month later than its original target, Alberta Premier Jason Kenney said Saturday.

Oct 24, 2020 5:44 PM Read more >

Mountaintop coal mine hearings to begin amidst fears of pollution, development rush

A proposed coal mine that would create hundreds of jobs but shear off a mountaintop in one of Alberta's most sensitive environments is to go to a public hearing this week.

Oct 23, 2020 4:32 PM Read more >

Calgary Flames sign Russian defenceman Nikita Nesterov to one-year contract

CALGARY — The Calgary Flames and Russian defenceman Nikita Nesterov have agreed to a one-year contract. The deal is worth US$700,000, the NHL club said Friday in a statement.

Oct 23, 2020 4:25 PM Read more >

Canada, Alberta agree on caribou protection deal that gives them years to take action

EDMONTON — Canada and Alberta have signed a deal on caribou protection that gives them years to take action but could allow energy drilling to resume on some ranges.

Oct 23, 2020 3:43 PM Read more >

Alberta to stop limits on oil production in December after nearly two years

CALGARY — Alberta's oil curtailment quotas are set to end in December, nearly two years after the previous NDP government introduced them as a temporary measure to support oil prices.

Oct 23, 2020 3:16 PM Read more >

COVID-19 testing option to be tried at Calgary airport, U.S. border crossing

International travellers arriving in Alberta by air or land will have the option to take an expedited COVID-19 test to avoid quarantining for 14 days — a move the premier says would help the province's struggling service and tourism industry.

Oct 22, 2020 4:23 PM Read more >

Quebec pork plant outbreak grows as Alberta looks to boost ailing travel industry

A COVID-19 outbreak at a Quebec pork-processing plant grew Thursday as Manitoba expanded its restrictions and Alberta announced a testing pilot at two international border crossings that it hopes will eventually boost its ailing travel industry.

Oct 22, 2020 4:04 PM Read more >