Team Alberta mittens garner mixed reviews at Canada Winter Games
By Lisa MacGregor Sports/News Reporter and Anchor
The mittens Team Alberta athletes are wearing at the Canada Winter Games this year are making a bold statement. Continue reading
Oil and Gas
‘Making this up:’ Study says oilsands assessments marred by weak science
Standardized oilsands assessments would be faster, cheaper and more likely to produce a clear picture of what’s happening in northern Alberta, UBC biology professor Adam Ford suggests. Continue reading
Precision Drilling reports $198.3M fourth-quarter loss
Precision Drilling reported a loss of $198.3 million in its fourth quarter. Continue reading
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Abandoned well ruling from Supreme Court ‘credit negative’ for energy firms, says Moody’s
Moody’s says the ruling is also credit negative for banks and other creditors but adds it’s unclear how it will affect other industries and provinces going forward. Continue reading
Bankrupt energy companies can’t abandon old oil wells, Supreme Court rules
The Supreme Court of Canada says the trustee for a bankrupt Alberta energy company cannot simply walk away from unprofitable wells on agricultural land without having to clean up. Continue reading
SNC-Lavalin considers pulling out from Saudi Arabia amid deepening diplomatic row
Ongoing diplomatic tensions between Canada and Saudi Arabia are hurting the SNC-Lavalin’s bottom line and forcing it to consider a possible retreat from the oil-rich state. Continue reading
SREDA projects modest uptick in economic growth for Saskatchewan in 2019
SREDA CEO Alex Fallon explains why they are projecting modest economic growth for Saskatchewan in 2019. Continue reading
Calgary-based company to build $2-B bitumen upgrader facility near Edmonton
The Alberta government is providing a $440-million loan guarantee to help a Calgary-based company build a bitumen upgrader east of Edmonton. Continue reading
BP Canada scales back gas and oil exploration plans off Nova Scotia
The Canada-Nova Scotia Offshore Petroleum Board says the energy giant is surrendering 50 per cent of the area included in its licence – a consolidation of four offshore parcels roughly 300 kilometres southeast of Halifax. Continue reading
Federal government needs to ‘step up’ and support Alberta’s oil and gas industry: Notley
Alberta Premier Rachel Notley expressed frustration again Monday about a lack of progress in completing the Trans Mountain pipeline. Continue reading