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Alberta News

Crescent Point says no major sales or purchases in near future after deal spree

Crescent Point says no major sales or purchases in near future after deal spree

CALGARY — After a recent spree of large-scale transactions cementing it as the dominant player in two major North American petroleum plays, Crescent Point Energy Corp. says it is done with buying and selling assets for the near future.
Enbridge says carbon storage project still alive in spite of Capital Power decision

Enbridge says carbon storage project still alive in spite of Capital Power decision

CALGARY — Enbridge Inc.'s proposal to build a major carbon storage hub in Alberta remains on the table, the company said Friday, in spite of Capital Power's recent decision to shelve its own $2.4-billion project associated with the plan.
Police in riot gear order pro-Palestinian protesters to leave University of Calgary

Police in riot gear order pro-Palestinian protesters to leave University of Calgary

CALGARY — Police in Calgary say multiple people were arrested during a pro-Palestinian protest at the University of Calgary Thursday night.
Alberta to shift the fixed election date to fall when natural disaster risk is lower

Alberta to shift the fixed election date to fall when natural disaster risk is lower

EDMONTON — Alberta is moving its election date from the spring to the fall to avoid clashing with major natural disasters -- but the Opposition says in doing so, Premier Danielle Smith’s government is conveniently granting itself six extra months of
Alberta Utilities Commission fines another unlicensed power generator mining bitcoin

Alberta Utilities Commission fines another unlicensed power generator mining bitcoin

EDMONTON — The Alberta Utilities Commission has fined another company for operating an electricity generator without a licence — using the power, like other offenders, to operate bitcoin mines.
Pathways Alliance names former MEG Energy CEO Derek Evans as executive chair

Pathways Alliance names former MEG Energy CEO Derek Evans as executive chair

CALGARY — Pathways Alliance says former MEG Energy president and CEO Derek Evans is its new executive chair.
Pembina Pipeline Corp. sees earnings rise to $439 million in first quarter

Pembina Pipeline Corp. sees earnings rise to $439 million in first quarter

CALGARY — Pembina Pipeline Corp. says it earned $439 million in the first quarter, up from $369 million a year earlier. The Calgary-based company says its revenue for the quarter ended March 31 was $1.54 billion, down from $1.
Oil executives expect sustained period of strong crude prices, survey shows

Oil executives expect sustained period of strong crude prices, survey shows

CALGARY — Nine out of 10 Canadian energy sector executives believe oil prices will remain strong for the next three to five years, according to the results of a recent survey.
Canada's Weir sets sights on solid showing at rebranded Rogers Charity Classic

Canada's Weir sets sights on solid showing at rebranded Rogers Charity Classic

CALGARY — Although Canada’s lone PGA Tour Champions event will have a different name, the goal will still be the same for Mike Weir.
Feds defend carbon capture technology as Alberta project gets cancelled over cost

Feds defend carbon capture technology as Alberta project gets cancelled over cost

OTTAWA — Canada's energy minister is defending carbon capture and storage technology as both effective and affordable, after an Alberta power company walked away from a planned project and a study found that another project got public subsidies to co
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