Alberta News

CALGARY — Trican Well Service Ltd. says Dale Dusterhoft, its president and CEO for the past 11 years, is stepping down. The Calgary-based company says Bradley Fedora will take on the role as of Sept.

OTTAWA — The federal Liberals and Alberta's United Conservatives have agreed on a one-year extension to child-care funding that will also help offset costs related to the COVID-19 pandemic.

CALGARY — Two of Canada's biggest oilsands producers are taking different approaches to restoring production that was shut down during the pandemic lockdowns as signs of an economic recovery and higher oil prices emerge. Both Cenovus Energy Inc.

EDMONTON — Top advisers to Alberta's environment minister were cautious about the government's plans to shrink the province's parks system and made recommendations he didn't follow.

CALGARY — The CEO of Suncor Energy Inc. says the company won't quickly ramp up oil production despite recent higher crude prices as the North American economy begins to reopen following the easing of lockdowns from the COVID-19 pandemic.

CALGARY, Alberta (AP) _ Cenovus Energy Inc. (CVE) on Thursday reported a second-quarter loss of $169.5 million, after reporting a profit in the same period a year earlier. The Calgary, Alberta-based company said it had a loss of 14 cents per share.

CALGARY, Alberta (AP) _ Precision Drilling Corp. (PDS) on Thursday reported a loss of $35.3 million in its second quarter. The Calgary, Alberta-based company said it had a loss of 13 cents per share.

CALGARY — Suncor Energy Inc. is reporting a second-quarter net loss of $614 million after it cut back on production to deal with sharply reduced crude prices amid lower global energy demand.

Calgary's mayor says the Alberta government's plan to reopen schools in September isn't good enough and the city could step in if it isn't improved.

CALGARY, Alberta (AP) _ Suncor Energy Inc. (SU) on Wednesday reported a second-quarter loss of $442.9 million, after reporting a profit in the same period a year earlier.