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Alberta News

Flames sign Swedish defenceman Johannes Kinnvall to two-year deal

Flames sign Swedish defenceman Johannes Kinnvall to two-year deal

CALGARY — The Calgary Flames have signed defenceman Johannes Kinnvall to a two-year, entry-level contract, the club announced Wednesday.
Economic 'train wreck' delivers billions in asset impairments to oil producers

Economic 'train wreck' delivers billions in asset impairments to oil producers

CALGARY — Fears that crude oil prices slammed by a global economic "train wreck" will remain low for some time are forcing Calgary-based companies to write off billions of dollars in value from their oil and gas resources. Husky Energy Inc.

Edmonton Oilers sign defenceman Theodor Lennstrom to one-year contract

EDMONTON — The Edmonton Oilers have signed unrestricted free agent defenceman Theodor Lennstrom to a one-year entry-level contract.
Cenovus Energy reports $1.8B first-quarter loss as oil prices plunged

Cenovus Energy reports $1.8B first-quarter loss as oil prices plunged

CALGARY — Cenovus Energy Inc. reported a $1.8-billion loss in its first quarter as oil prices fell due to a drop in demand as a result of the COVID-19 pandemic and a oil price war between Saudi Arabia and Russia.
Forecasts show Alberta could begin reopening economy in May: Kenney

Forecasts show Alberta could begin reopening economy in May: Kenney

EDMONTON — Premier Jason Kenney says Alberta is doing better than expected on containing COVID-19 and the plan is to begin relaxing health lockdown rules next month.
'How much can a person take?' Flooding forces 13,000 from downtown Fort McMurray

'How much can a person take?' Flooding forces 13,000 from downtown Fort McMurray

FORT MCMURRAY, Alta. — Joseph Enverga kept hoping the flooding would slow down or even stop as his apartment lights flickered on and off. The 35-year old was prepared for an evacuation of downtown Fort McMurray, Alta., on Sunday afternoon.
Vermilion Energy posts $1.3-billion loss on oil and gas assets writedown

Vermilion Energy posts $1.3-billion loss on oil and gas assets writedown

CALGARY — A $1.2-billion writedown in the value of its oil and gas assets around the world due to low global commodity prices resulted in a first-quarter net loss of $1.3 billion or $8.42 per share for Vermilion Energy Inc.
First Nation gets $32-million grant after it stops opposing dam near Calgary

First Nation gets $32-million grant after it stops opposing dam near Calgary

CALGARY — A First Nation says it has ended its opposition to a proposed reservoir that would protect Calgary during flooding because it secured a $32-million grant from the Alberta government.
Edmonton Oilers sign forward Gaetan Haas to one-year contract extension

Edmonton Oilers sign forward Gaetan Haas to one-year contract extension

EDMONTON — The Edmonton Oilers have signed forward Gaetan Haas to a one-year contract extension through the 2020-21 season. The 28-year-old native of Bonfol, Switzerland has five goals and five assists in 58 games with the Oilers.
Some staying, some going: Rural doctors respond to new Alberta fee rules

Some staying, some going: Rural doctors respond to new Alberta fee rules

EDMONTON — Early returns on fee changes aimed at preventing rural doctors in Alberta from withdrawing some services show some physicians ready to continue their work while others are turning thumbs-down.