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Alberta News

Financial, technology risks likely delayed Alberta carbon capture project: analysts

Financial, technology risks likely delayed Alberta carbon capture project: analysts

EDMONTON — A corporate decision to mothball Canada's largest carbon capture and storage plan is likely the result of financial uncertainty and technological risks, analysts suggest. Capital Power's decision not to pursue its $2.
Oilers await second-round opponent, plan to use rest as a weapon

Oilers await second-round opponent, plan to use rest as a weapon

EDMONTON — During what they hope is a deep run through the gruelling Stanley Cup playoffs this spring, the Edmonton Oilers will take all the time off they can get. “Rest is always a good thing,” captain Connor McDavid said.
Parkland says lots of buyer interest in its fuel, convenience store locations

Parkland says lots of buyer interest in its fuel, convenience store locations

CALGARY — Fuel retailer Parkland Corp. said Thursday the 157 Canadian fuel and convenience store locations it has put up for sale are generating a great deal of interest from prospective buyers.
Alberta government to amend bill granting it sweeping powers over municipalities

Alberta government to amend bill granting it sweeping powers over municipalities

EDMONTON — The Alberta government is making changes to a bill that would give cabinet unfettered power to fire mayors and councillors and overturn bylaws.
Canadian Natural Resources sees path to hike Horizon oilsands output by 76 per cent

Canadian Natural Resources sees path to hike Horizon oilsands output by 76 per cent

CALGARY — Canadian Natural Resources Ltd.
Alberta, Saskatchewan sign agreement to share, swap information on nuclear energy

Alberta, Saskatchewan sign agreement to share, swap information on nuclear energy

REGINA — Saskatchewan and Alberta have agreed to share and swap information about nuclear power generation. The governments of the two provinces have signed a memorandum of understanding.
Paramount Resources reports $68.1M Q1 profit, raises monthly dividend 20%

Paramount Resources reports $68.1M Q1 profit, raises monthly dividend 20%

CALGARY — Paramount Resources Ltd. raised its dividend by 20 per cent as it reported a first-quarter profit of $68.1 million. The oil and gas producer says it will now pay a monthly dividend of 15 cents per share, up from 12.5 cents per share.
Oilers dominate special teams to eliminate Kings in five games

Oilers dominate special teams to eliminate Kings in five games

EDMONTON — The Edmonton Oilers and Los Angeles Kings played a tight-checking series at even strength. But the special teams matchup was lopsided — and that’s why it ended in five games.
CP NewsAlert: Oilers advance to second round of NHL playoffs with win over Kings

CP NewsAlert: Oilers advance to second round of NHL playoffs with win over Kings

EDMONTON — Leon Draisaitl scored twice, and the Edmonton Oilers defeated the Los Angeles Kings 4-3 Wednesday to win their first-round NHL playoff series in five games.
Alberta government reverses planned cut to aid funding for low-income transit riders

Alberta government reverses planned cut to aid funding for low-income transit riders

EDMONTON — The Alberta government is reversing its plan to axe a subsidy program that helps low-income people pay for transit passes.
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