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Alberta News

Cargill beef plant to reopen next week after COVID-19 outbreak forced closure

Cargill beef plant to reopen next week after COVID-19 outbreak forced closure

CALGARY — Workers are to return Monday to a beef processing plant south of Calgary that was closed for two weeks because of a COVID-19 outbreak.
No short-term end to oil price slump hitting Alberta: premier

No short-term end to oil price slump hitting Alberta: premier

EDMONTON — Premier Jason Kenney says a global oil glut means Alberta's main industry will be dealing with low prices for a year or longer after the COVID-19 crisis abates.
Study on early humans sheds new light on old stories about animals and alcohol

Study on early humans sheds new light on old stories about animals and alcohol

CALGARY — Elephants are said to seek out the fallen, fermenting fruit of the marula tree. Waxwings flock in spring to berries still hanging from branches and fly erratically thereafter. Swedish elk behave strangely after gorging on rotting apples.
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.