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Alberta News
MEG Energy posts $225-million profit, completes turnaround at Christina Lake facility
CALGARY — MEG Energy Inc. reported a $225-million profit in its latest quarter as it completed on time and on budget the planned turnaround at its Christina Lake Phase 2B facility.
Jul 28, 2022 4:18 PM
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Cenovus CEO says inflation 'manageable' as company posts massive upswing in Q2 profit
CALGARY — Cenovus Energy Inc. chief executive Alex Pourbaix said Thursday that inflation has been "manageable" for the energy company so far, but is something he is certainly keeping an eye on.
Jul 28, 2022 11:27 AM
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Calfrac reports higher revenue, lower net loss in second quarter amid higher pricing
CALGARY — Calfrac Well Services Ltd. reported a lower loss in its most recent quarter as its revenues climbed amid improved pricing and increased activity. The oilfield services company says it lost $6.
Jul 28, 2022 9:03 AM
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CP Rail sees second quarter profit fall despite higher revenue
CALGARY — Canadian Pacific Railway Ltd. reported a lower profit despite higher revenue in its latest quarter. The Calgary-based railway reported a net income of $765 million in its second quarter, down from $1.25 billion in the same period last year.
Jul 28, 2022 7:39 AM
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TC Energy second-quarter profit down as it reaches milestone with Coastal GasLink LP
CALGARY — TC Energy Corp. posted a lower quarterly profit as its Coastal GasLink project reaches a "significant milestone.
Jul 28, 2022 6:58 AM
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Alberta United Conservative Party leadership contenders square off in first debate
MEDICINE HAT, ALBERTA, CANADA — Two of Alberta’s pacesetters in the United Conservative leadership race squared off over a provincial sales tax Wednesday night in the first party debate.
Jul 27, 2022 6:29 PM
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Pope leads traditional mass, uses Indigenous languages during Alberta stops
LAC STE. ANNE, Alta. — Pope Francis spoke in three First Nations languages at a sacred pilgrimage site hours after his public mass in Edmonton was called a missed opportunity for not including Indigenous culture or traditions.
Jul 27, 2022 11:23 AM
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Precision Drilling reports $25M net loss in Q2, revenue up 62%
CALGARY — Precision Drilling Corp. says it had a net loss of $24.6 million for the second quarter, down from a net loss of $75.9 million in the same quarter last year. The net loss for the quarter ending June 30 worked out to $1.
Jul 27, 2022 10:25 AM
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Mounties lift shelter in place order on First Nation in northern Alberta
CADOTTE LAKE, Alta. — Mounties in northern Alberta say a shelter in place order has been lifted after a shooting.
Jul 27, 2022 9:49 AM
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Pope Francis travels to Quebec City for final days of Indigenous reconciliation visit
EDMONTON — A plane carrying Pope Francis left Edmonton on Wednesday morning heading to Quebec City to begin the next leg of what he has described as his "penitential" journey in Canada. The pontiff is scheduled to have separate meetings with Gov.
Jul 27, 2022 9:34 AM
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