Alberta

19/05/20

Late last week, Bloomberg reported that a US$320-billion Saudi wealth fund controlled by Crown Prince Mohammed bin Salman had snapped up shares in Canadian Natural Resources Ltd. and Suncor Energy, becoming CNRL’s eighth-largest and Suncor’s 14th-largest owner. The fund made its move after CNRL’s shares lost 43% of their value this year, and Suncor’s dropped 46%, compared to a 15% decline across the Standard & Poors/Toronto Stock Exchange Composite Index. 

06/05/20
Author: 
Charlie Smith
Dr. Bonnie Henry has raised concern about a community outbreak of COVID-19 at the Kearl Lake oilsands project north of Fort McMurray, Alberta.

May 2nd, 2020\

The provincial public health officer wants Alberta oilsands workers who come back to B.C. on their breaks to self-isolate.

Dr. Bonnie Henry pointed out that there continue to be positive test results for COVID-19 linked to a project north of Fort McMurray.

"One of the more challenging issues that we've had recently is an increase in numbers of cases here associated with the Kearl Lake plant in Alberta," Henry told reporters today. 

27/04/20
Author: 
Emma McIntosh
Alberta Premier Jason Kenney briefs reporters on April 24, 2020, on a series of new grants aimed at helping oil and gas companies clean up inactive wells. Photo from Government of Alberta/Flickr

April 24th 2020

Alberta Premier Jason Kenney lashed out Friday at a reporter who asked him whether a transition toward renewable energy might be on the table as global crude prices plummet.

"With the oil and gas market taking such a hit, when do you start thinking about a transition away from fossil fuels?" Tom Ross, the reporter for Calgary's 660 News, asked.

"Our focus is on getting people back to work, not pie-in-the-sky ideological schemes," Kenney said, flanked by his energy and environment ministers.

25/04/20
Author: 
Colton Davies
TMX pipes
Updated: Most of Trans Mountain pipeline expansion in Kamloops to start in September
 
April 22, 2020 04:44 pm
 

The mayor of Kamloops says physical construction on the Trans Mountain pipeline expansion isn’t expected to start here now until September.

Ken Christian says pre-construction work is still happening at the yard on Mission Flats Road with about 100 employees.

25/04/20
Author: 
Colton Davies
TMX pipes
Updated: Most of Trans Mountain pipeline expansion in Kamloops to start in September
 
April 22, 2020 04:44 pm
Updated: Most of Trans Mountain pipeline expansion in Kamloops to start in September
20/04/20
Author: 
Jesse Firempong & Priyanka Vittal
Alberta oil sands. Photograph by Andrew S. Wright. / Image of the novel coronavirus

April 20th 2020

How far is too far?

It’s a question that’s been debated since the start of the COVID-19 pandemic, especially when Prime Minister Justin Trudeau eyed broader emergency powers for the federal government and left the door open to using cellphone data to track compliance with physical-distancing rules.

17/04/20
Author: 
Dean Bennett
Alberta chief medical officer of health Dr. Deena Hinshaw updates media on the Covid-19 situation in Edmonton on Friday, March 20, 2020. File photo by The Canadian Press/Jason Franson

April 16th 2020

 

Alberta has reached almost 2,000 cases of COVID-19 and is now dealing with an outbreak at an oilsands facility.

14/04/20
Author: 
Gabriel Friedman
Alberta Energy Minister Sonya Savage and Premier Jason Kenney see a need for $20 billion to $30 billion injected into the province's oil sector. IAN KUCERAK/POSTMEDIA

April 13, 2020

Hopes for as much as $30 billion to help sector survive double hit

Alberta’s Minister of Energy Sonya Savage expects the federal government to announce a “liquidity package” this week that would help oil and gas companies in her province survive through the severe price collapse caused by the COVID-19 global pandemic.

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