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Alberta News

Pension plan investment CEO bullish on oil despite price crash, emissions debate

Pension plan investment CEO bullish on oil despite price crash, emissions debate

CALGARY — The CEO of the Canada Pension Plan Investment Board says Monday's oil price crash and stock market selloff will hurt Canadian energy companies that have weak balance sheets and high debt.
Oil price crash: What it means for Canada

Oil price crash: What it means for Canada

CALGARY — World oil prices are in free fall after Saudi Arabia slashed its crude sale price Sunday, signalling the start of a price war after OPEC talks with Russia broke down without an agreement on production cuts.
Ensign Energy Services reports Q4 loss, stock plunges as oil markets roil

Ensign Energy Services reports Q4 loss, stock plunges as oil markets roil

CALGARY — Shares in drilling company Ensign Energy Services Inc. plunged by as much as 40 per cent on Monday amid a worldwide oil price and stock market crash. The company, which reported a loss of $71.6 million in the fourth quarter ended Dec.
'Wonderful little bird': Alberta man retrieves his first plane 48 years later

'Wonderful little bird': Alberta man retrieves his first plane 48 years later

CREMONA, Alta. — Richard Reid never forgot his first love. Growing up on a farm near Cremona, Alta., about 80 kilometres northwest of Calgary, he was obsessed with airplanes as a kid and became a fully licensed pilot by the time he was 17.
Alberta announces more COVID-19 cases; total at one confirmed, three presumptive

Alberta announces more COVID-19 cases; total at one confirmed, three presumptive

EDMONTON — Alberta announced its first confirmed case of the novel coronavirus Sunday, along with more presumptive cases, officially making it the fourth province to be dealing with COVID-19. Dr.
Gushue of Newfoundland and Labrador tops Alberta's Bottcher 7-3 to win Brier

Gushue of Newfoundland and Labrador tops Alberta's Bottcher 7-3 to win Brier

KINGSTON, Ont. — The usual hype didn't accompany Brad Gushue's Newfoundland and Labrador team to the Tim Hortons Brier this time around. They weren't considered the favourite this year. Other teams were mentioned ahead of them.
Shea Theodore's late goal leads Golden Knights to 5-3 win over Flames

Shea Theodore's late goal leads Golden Knights to 5-3 win over Flames

CALGARY — It may not have been pretty, but Shea Theodore will take it.
High meth use at Alberta safe drug sites calls for more resources: advocates

High meth use at Alberta safe drug sites calls for more resources: advocates

CALGARY — A report for the Alberta government has raised concerns that a large number of methamphetamine users are frequenting supervised consumption sites that were designed to respond to opioid overdoses.
Koskinen solid as Oilers top Blue Jackets; Edmonton moves into tie atop Pacific

Koskinen solid as Oilers top Blue Jackets; Edmonton moves into tie atop Pacific

EDMONTON — Credit Mikko Koskinen with stealing a win for the Edmonton Oilers on Saturday.
Alberta girls' water polo season cancelled over groping complaint

Alberta girls' water polo season cancelled over groping complaint

EDMONTON — The Alberta Water Polo Association has cancelled the rest of its scheduled games this season for young girls after complaints over players being groped during play.
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