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Alberta News

MEG Energy promotes chief operating officer Darlene Gates to chief executive

MEG Energy promotes chief operating officer Darlene Gates to chief executive

CALGARY — MEG Energy Corp. is promoting Darlene Gates to the role of chief executive. The oilsands company says Gates, who is the company's chief operating officer, will take over the top job on May 1 when Derek Evans steps down from the role.
CWB Financial Group Q1 profit down from year ago, provisions for credit losses up

CWB Financial Group Q1 profit down from year ago, provisions for credit losses up

EDMONTON — CWB Financial Group reported its first-quarter profit fell compared with a year ago as its provision for credit losses rose. The Edmonton-based bank says it earned common shareholders' net income of $87.
Sluchinski brings new Alberta team to deep Canadian men's curling championship field

Sluchinski brings new Alberta team to deep Canadian men's curling championship field

A curling team bearing a name other than Bottcher, Koe, Martin or Ferbey will represent Alberta at the Canadian men's championship for the first time in 26 years. Aaron Sluchinski upset Kevin Koe in Alberta's men's final.
'Measured choices': Health, education come out ahead in restrained Alberta budget

'Measured choices': Health, education come out ahead in restrained Alberta budget

EDMONTON — Health care and education came out ahead Thursday in a generally restrained Alberta provincial budget forecasting a paper-thin surplus that could easily go up in smoke.
Man charged in deadly hit and run near Edmonton was wanted on warrants

Man charged in deadly hit and run near Edmonton was wanted on warrants

EDMONTON — RCMP say a man facing charges after a woman was killed during a police chase near Edmonton was wanted on warrants for other crimes in Alberta and Saskatchewan.
Health, education, disaster planning: Highlights of Alberta's latest budget

Health, education, disaster planning: Highlights of Alberta's latest budget

EDMONTON — Alberta’s budget for 2024-25 foresees a slim $367 million surplus, with slightly lower revenues compared to last year’s estimated top line.
Canadian Natural Resources hits record oil production amid rising U.S. demand

Canadian Natural Resources hits record oil production amid rising U.S. demand

CALGARY — Canadian Natural Resources Ltd. drew on its abundant reserves to set a slew of production records last quarter, boosting its bottom line. The Calgary-based company churned out 1.
Crescent Point Energy reports Q4 profit, raises quarterly dividend 15%

Crescent Point Energy reports Q4 profit, raises quarterly dividend 15%

CALGARY — Crescent Point Energy Corp. raised its quarterly base dividend by 15 per cent as it reported fourth-quarter net income of $951.2 million compared with a loss of $498.1 million a year earlier.

WHL roundup: Muranov scores twice in Hitmen win

CALGARY — Maxim Muranov scored twice as Calgary Hitmen defeated Edmonton Oil Kings. Oliver Tulk scored twice while Connor Dale and Reese Hamilton had a goal each for Calgary. Hitmen goaltender Ethan Buenaventura stopped 32 shots in the win.

McDavid scores late in OT to lift Oilers to 3-2 win over Blues

EDMONTON, Alberta (AP) — Connor McDavid scored 4:34 into overtime and also had two assists to rally the Edmonton Oilers to a 3-2 win over the St. Louis Blues on Wednesday night.
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