Alberta News

CALGARY — The Royal Bank of Canada says it is the first Canadian bank to sign a long-term renewable energy power purchase agreement, a deal which will support development of a 39-megawatt, $70-million solar project in southern Alberta.

EDMONTON — A vast section of Alberta backcountry once considered for a park is being overused by tens of thousands of campers who cut trees, strew garbage and trespass, says a provincial advisory committee.

EDMONTON — The majority of Alberta's COVID-19 deaths over the weekend were at a long-term care home in Edmonton and the provincial health service has taken over its day-to-day operations, the chief medical officer of health said.

CALGARY — Frankfurt-based Deutsche Bank is joining a lengthening list of European lenders and insurance companies that say they won't back new oilsands projects.

CALGARY — Oilsands producer MEG Energy Corp. is reporting a higher second-quarter net loss on voluntarily curtailed bitumen production and lower oil prices.

CALGARY, Alberta (AP) _ Western Energy Services Corp. (WEEEF) on Monday reported a loss of $5.8 million in its second quarter. On a per-share basis, the Calgary, Alberta-based company said it had a loss of 6 cents.

CALGARY — An environmental law group wants a court to suspend the Alberta government's inquiry into oil and gas industry critics until there's a decision on whether it's legal.

CALGARY — Lower prices for oil and gas around the world translated into a second quarter net loss on 55 per cent lower revenue for Canadian and international producer Vermilion Energy Inc. The Calgary-based company reported Monday a net loss of $71.

CALGARY — Canadian swimwear brand Swimco Group is seeking creditor protection, citing impacts from the COVID-19 pandemic.

CALGARY — A report funded by the Canadian liquefied natural gas industry estimates that creating a 56-million-tonnes-per-year LNG industry in B.C. would result in nearly 100,000 jobs.