Alberta News

LAKE LOUISE, Alta. — Officials say they are scaling back the search for a 23-year-old man from India who is presumed dead after falling into the North Saskatchewan River in Banff National Park.

CALGARY — A new report predicts Canadian oilsands production will have its biggest annual decline on record this year, dropping by an average of nearly 175,000 barrels per day due to issues associated with the COVID-19 pandemic.

CALGARY — The Canada Energy Regulator is fining Trans-Northern Pipelines $40,000 for an incident near a commuter train line in Greater Toronto that resulted in damage to a pipeline transporting gasoline.

CALGARY — The Royal Bank of Canada says it is the first Canadian bank to sign a long-term renewable energy power purchase agreement, a deal which will support development of a 39-megawatt, $70-million solar project in southern Alberta.

EDMONTON — A vast section of Alberta backcountry once considered for a park is being overused by tens of thousands of campers who cut trees, strew garbage and trespass, says a provincial advisory committee.

EDMONTON — The majority of Alberta's COVID-19 deaths over the weekend were at a long-term care home in Edmonton and the provincial health service has taken over its day-to-day operations, the chief medical officer of health said.

CALGARY — Frankfurt-based Deutsche Bank is joining a lengthening list of European lenders and insurance companies that say they won't back new oilsands projects.

CALGARY — Oilsands producer MEG Energy Corp. is reporting a higher second-quarter net loss on voluntarily curtailed bitumen production and lower oil prices.

CALGARY, Alberta (AP) _ Western Energy Services Corp. (WEEEF) on Monday reported a loss of $5.8 million in its second quarter. On a per-share basis, the Calgary, Alberta-based company said it had a loss of 6 cents.

CALGARY — An environmental law group wants a court to suspend the Alberta government's inquiry into oil and gas industry critics until there's a decision on whether it's legal.