Alberta News

CALGARY — A surprise move by Cenovus Energy Inc. to buy rival Husky Energy Inc. for $3.8 billion in shares will create the third-largest Canadian oil and natural gas producer by total production, the companies announced Sunday.

CALGARY — An inquiry into who is funding environmental opposition to the province's oil and gas sector will be completed some time next year, at least six month later than its original target, Alberta Premier Jason Kenney said Saturday.

A proposed coal mine that would create hundreds of jobs but shear off a mountaintop in one of Alberta's most sensitive environments is to go to a public hearing this week.

CALGARY — The Calgary Flames and Russian defenceman Nikita Nesterov have agreed to a one-year contract. The deal is worth US$700,000, the NHL club said Friday in a statement.

EDMONTON — Canada and Alberta have signed a deal on caribou protection that gives them years to take action but could allow energy drilling to resume on some ranges.

CALGARY — Alberta's oil curtailment quotas are set to end in December, nearly two years after the previous NDP government introduced them as a temporary measure to support oil prices.

International travellers arriving in Alberta by air or land will have the option to take an expedited COVID-19 test to avoid quarantining for 14 days — a move the premier says would help the province's struggling service and tourism industry.

A COVID-19 outbreak at a Quebec pork-processing plant grew Thursday as Manitoba expanded its restrictions and Alberta announced a testing pilot at two international border crossings that it hopes will eventually boost its ailing travel industry.

CALGARY — Shares in Precision Drilling Corp. closed 8.6 per cent higher on Thursday after it reported a steeper loss and lower revenue in the third quarter but handily beat adjusted earnings expectations.

ST. JOHN'S, N.L. — Newfoundland and Labrador is reporting one new case of COVID-19, bringing the province's number of active cases to nine.