Alberta News

CALGARY — Imperial Oil Ltd. is reducing its spending for this year by $1 billion, including a $500-million cut to its capital spending plan as it deals with the COVID-19 pandemic and crash in oil prices.

HIGH RIVER, Alta. — A parade float parked on a downtown street in High River, Alta., seems strangely out of place in a world dealing with the COVID-19 pandemic.

EDMONTON — Alberta's $30-million-a-year energy war room is drastically cutting its budget due to COVID-19.

CALGARY — Former Calgary Stampeders running back Tim Petros has died. He was 58. Born and raised in Calgary, Petros played at the University of Calgary before joining his hometown CFL team in 1984.

EDMONTON — The Alberta Opposition says Education Minister Adriana LaGrange needs to start fighting for students or quit and make way for someone who will.

EDMONTON — More than 800 Alberta doctors have signed an open letter asking the government to delay its proposed health-care restructuring and allow physicians to focus on the COVID-19 pandemic.

CALGARY — Oilsands producers are likely losing money or barely breaking even as prices for Western Canadian Select bitumen-blend crude dipped as low as US$3.82 per barrel on Monday, analysts said.

His latest fight postponed because of the UFC's inability to find a place to stage it due to COVID-19, Alberta heavyweight Tanner (The Bulldozer) Boser is chilling in his condo with a couple of 40-pound dumbbells, a medicine ball and skipping rope.

CALGARY — Parkland Fuel Corp. is cutting its 2020 capital spending budget by 52 per cent and trimming executive salaries in response to the uncertain economic impact of the novel coronavirus.

CALGARY — Inter Pipeline Ltd. is reducing its dividend by more than 70 per cent and suspending its dividend reinvestment plan as it deals with the drop in energy prices and the COVID-19 pandemic.