Alberta News

CALGARY — Frontera Energy Corp. says it has suspended its dividends, withdrawn its guidance for the year and won't repurchase shares because of difficult operating conditions. The Calgary-based oil producer says it lost nearly $388 million or $4.

CALGARY — Parkland Fuel Corp. says it saw a $79-million loss in the first quarter. The Calgary-based company says that equalled a loss of 53 cents per diluted share, compared with a profit of 52 cents per share or $77 million a year earlier.

EDMONTON — The Alberta Energy Regulator has suspended a wide array of environmental monitoring requirements for oilsands companies over public-health concerns raised by the COVID-19 pandemic.

CALGARY — Consumer demand for fuel is growing slightly after a sudden decline due to measures to deal with the COVID-19 pandemic but the CEO of Suncor Energy Inc.

EDMONTON — Alberta's education minister has confirmed that students from kindergarten to Grade 12 won't be back for the rest of this school year due to the COVID-19 pandemic.

CALGARY — David McQueen's life was in a downward spiral years before the disabled man started shooting randomly from his house and was killed by a police sniper bullet to the head, says a report into his death.

SHERWOOD PARK, Alta. — Two of three people from the same family who police say died in a murder-suicide in a rural area just east of Edmonton have been identified.

SHERWOOD PARK, Alta. — RCMP are investigating a murder-suicide involving three members of the same family in a rural area east of Edmonton. Police say they received a 911 call at 6:14 a.m. Monday from a family member who had left the property.

CALGARY — Crescent Point Energy Corp. reported a $2.32-billion first-quarter loss as it took a non-cash charge of $3.56 billion due to the plunge in oil prices. The company says the loss amounted to $4.

CALGARY — Suncor Energy Inc. is reporting a first-quarter net loss of $3.525 billion mainly due to asset impairments linked to low oil prices, compared with net earnings of $1.47 billion in the same quarter of last year.