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Alberta News

Lower commodity prices cut into PrairieSky Royalty first quarter earnings

Lower commodity prices cut into PrairieSky Royalty first quarter earnings

CALGARY — PrairieSky Royalty Ltd. is reporting a 67 per cent drop in net earnings on sharply lower oil and gas prices in the first quarter.
Negative oil price plunge a short-term anomaly with limited impact: analysts

Negative oil price plunge a short-term anomaly with limited impact: analysts

CALGARY — A Calgary energy analyst says the plunge by benchmark U.S. crude oil prices into negative territory for the first time on Monday is a short-term anomaly that likely won't have a lasting effect on Canadian producers.
Husky cuts production by 80,000 bpd, taking Canadian total to 365,000 bpd so far

Husky cuts production by 80,000 bpd, taking Canadian total to 365,000 bpd so far

CALGARY — A move by Husky Energy Inc. to halt production of 80,000 barrels per day takes the total reduction in Canadian crude output to about 365,000 bpd since the onset of measures to deal with the COVID-19 pandemic, an analyst says.
'I just want to survive:' Greenhouses struggling with economic reality of COVID-19

'I just want to survive:' Greenhouses struggling with economic reality of COVID-19

CALGARY — Nick Zannis is thankful his greenhouse established online sales five years ago, now that the retail world has been turned upside down by the COVID-19 pandemic.
Is COVID-19 baby boom a myth? How relationships might be tested during the pandemic

Is COVID-19 baby boom a myth? How relationships might be tested during the pandemic

CALGARY — As Canadians face the possibility of being alone with their significant other for the foreseeable future, some say marital discord is more likely than the kind of intimacy that would lead to a baby boom nine months from now.
B.C and Saskatchewan issue COVID-19 warnings following cases at oilsands site

B.C and Saskatchewan issue COVID-19 warnings following cases at oilsands site

FORT MCMURRAY, Alta. — Health officials in British Columbia and Saskatchewan are advising people to self-isolate if they're returning from an area of Alberta where an oilsands site is suffering from a COVID-19 outbreak.
ConocoPhillips to cut oil production in Alberta, cites weak prices, COVID-19

ConocoPhillips to cut oil production in Alberta, cites weak prices, COVID-19

CALGARY — ConocoPhillips says it plans to cut production at its Surmont oilsands operation in northern Alberta due to low oil prices until market conditions improve.
Alberta ramps up testing at care centres, which have seen 32 of 50 COVID deaths

Alberta ramps up testing at care centres, which have seen 32 of 50 COVID deaths

EDMONTON — Alberta is ramping up testing to reduce the spread of COVID-19 at long-term care facilities, where 32 of the province's 50 deaths have occurred.
'Minutes count:' Alberta mayor worried about doctors quitting hospital work

'Minutes count:' Alberta mayor worried about doctors quitting hospital work

LAC LA BICHE, Alta. — A mayor in northern Alberta says he has major concerns about 10 of 11 doctors deciding to no longer cover emergency and obstetrics services at his community's hospital.
'A free-for-all:' Union wants grocery trips curtailed to slow COVID-19 spread

'A free-for-all:' Union wants grocery trips curtailed to slow COVID-19 spread

CALGARY — Western Canada's largest private-sector union is proposing that people be limited to one trip to the grocery store each week to prevent the spread of COVID-19 among customers and workers.
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