Alberta News

CALGARY — Oil production and refining volumes at Husky Energy Inc. are gradually returning to normal after deep cutbacks earlier this year but the company is braced for a "bumpy" recovery, CEO Rob Peabody said Thursday.

CALGARY — A judge has granted bail to an Alberta man facing four terrorism charges. The charges against Hussein Sobhe Borhot, 34, of Calgary include participation in activity of a terrorism group and commission of an offence for a terrorist group.

CALGARY — The CEO of TC Energy Corp. says the company will begin moving more oil from Western Canada into the United States by next year under a new U.S. presidential permit for the existing Keystone pipeline system.

CALGARY — Shaw Communications Inc.

CALGARY — Crescent Point Energy Corp. is reporting a $145.1 million loss in its latest quarter on a 73-per-cent decrease in revenues amid lower crude oil prices.

CALGARY, Alberta (AP) _ Crescent Point Energy Corp. (CPG) on Thursday reported a second-quarter loss of $104.7 million, after reporting a profit in the same period a year earlier.

CALGARY, Alberta (AP) _ TC Energy Corporation (TRP) on Thursday reported second-quarter net income of $930.5 million. On a per-share basis, the Calgary, Alberta-based company said it had profit of 99 cents.

EDMONTON — The Winnipeg Jets backed by the razor sharp goaltending of Connor Hellebuyck, overcame a sloppy first period to beat the Vancouver Canucks 4-1 in an NHL exhibition play Wednesday.

EDMONTON — Alberta's police watchdog has cleared three Mounties who fatally shot a man armed with a pistol that turned out to be a pellet gun.

CALGARY — French energy giant Total says it is writing off $9.3-billion (US$7 billion) worth of oilsands assets in Alberta and cancelling its membership in the Calgary-based Canadian Association of Petroleum Producers.