Alberta News

EDMONTON — Top advisers to Alberta's environment minister were cautious about the government's plans to shrink the province's parks system and made recommendations he didn't follow.

CALGARY — The CEO of Suncor Energy Inc. says the company won't quickly ramp up oil production despite recent higher crude prices as the North American economy begins to reopen following the easing of lockdowns from the COVID-19 pandemic.

CALGARY, Alberta (AP) _ Cenovus Energy Inc. (CVE) on Thursday reported a second-quarter loss of $169.5 million, after reporting a profit in the same period a year earlier. The Calgary, Alberta-based company said it had a loss of 14 cents per share.

CALGARY, Alberta (AP) _ Precision Drilling Corp. (PDS) on Thursday reported a loss of $35.3 million in its second quarter. The Calgary, Alberta-based company said it had a loss of 13 cents per share.

CALGARY — Suncor Energy Inc. is reporting a second-quarter net loss of $614 million after it cut back on production to deal with sharply reduced crude prices amid lower global energy demand.

Calgary's mayor says the Alberta government's plan to reopen schools in September isn't good enough and the city could step in if it isn't improved.

CALGARY, Alberta (AP) _ Suncor Energy Inc. (SU) on Wednesday reported a second-quarter loss of $442.9 million, after reporting a profit in the same period a year earlier.

CALGARY — Kelt Exploration Ltd. says it is selling assets in B.C. that account for almost half of its oil and gas production for $510 million in cash to Houston-based ConocoPhillips.

CALGARY — An Alberta judge has upheld a $2.1 million fine against a world-renowned ski resort for cutting down endangered trees nearly seven years ago.

CALGARY — A report that says the Trans Mountain pipeline system has earned net income of $29 million in the 19 months since it was purchased by Ottawa relies on faulty accounting, according to a vocal critic of the project.