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Alberta News
Alberta News
'Government boondoggle': Opposition mounting for plan to clean up Alberta oil wells
EDMONTON — Alberta's United Conservative Party government is facing growing criticism for a plan to give oil companies a royalty credit for cleaning up their old wells.
Feb 9, 2023 4:51 PM
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How to win over Alberta on the 'just transition' to a low-carbon energy sector
This article was originally published on The Conversation, an independent and nonprofit source of news, analysis and commentary from academic experts. Disclosure information is available on the original site.
Feb 9, 2023 4:48 PM
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Aurora Cannabis records $67.2 million net loss in second quarter
EDMONTON — Aurora Cannabis Inc. says it incurred a $67.2 million net loss in its most recent quarter. The Edmonton-based cannabis company says the net loss in what was its second quarter compared with $75.
Feb 9, 2023 3:38 PM
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Scotiabank says royalty credits for well cleanup would damage industry's reputation
CALGARY — Scotiabank is warning that the Alberta government's plan to give oil companies a royalty credit for cleaning up their old wells could damage the reputation of Canada's oil and gas industry.
Feb 9, 2023 3:34 PM
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'Game-changer:' Calgary becomes training hub for new miniaturized pacemaker
CALGARY — Gord Kirk knew that he needed a pacemaker. The Calgarian said his heart would slow down to about 30 beats a minute, he could feel the time between each beat, and he would often grow faint if he was sitting down and stood up too quickly.
Feb 9, 2023 3:33 PM
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Precision Drilling reports $3.5M Q4 profit, revenue up more than 70 per cent
CALGARY — Precision Drilling Corp. saw its fourth-quarter revenue increase by 73 per cent year-over-year, as North American oil and gas drilling activity continues to pick up.
Feb 9, 2023 2:53 PM
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Canadian Pacific Railway reaches deal with workers represented by Steelworkers
CALGARY — Canadian Pacific Railway Ltd. says it has reached a tentative agreement with the union representing about 550 administrative support and intermodal employees in Canada.
Feb 9, 2023 1:27 PM
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TC Energy says combination of factors caused Keystone pipeline leak
CALGARY — TC Energy Corp. has pegged the cost of cleanup and remediation of December's oil spill from its Keystone pipeline at an estimated US$480 million. The Keystone pipeline system suffered the worst oil spill in its history on Dec.
Feb 9, 2023 10:27 AM
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Mullen Group reports $61.5M Q4 profit, up from $20.2M a year earlier
OKOTOKS, Alta. — Mullen Group Ltd. reported its fourth-quarter profit of $61.5 million, up from $20.2 million in the same quarter a year earlier, as its revenue for the quarter rose more than 10 per cent.
Feb 9, 2023 7:41 AM
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'Game-changer': Calgary becomes training hub for new miniaturized pacemaker
CALGARY — A new innovative miniaturized pacemaker, developed in part by a Calgary cardiologist, has been given approval for use on patients beyond the clinical research stage.
Feb 9, 2023 3:00 AM
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