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Alberta News

Baytex signs agreement to buy Ranger Oil in deal valued at $3.4B including debt

Baytex signs agreement to buy Ranger Oil in deal valued at $3.4B including debt

CALGARY — Baytex Energy Corp. has signed a deal to buy U.S. company Ranger Oil Corp. in a deal valued at C$3.4 billion, including assumed debt. Ranger Oil operates in the Eagle Ford shale region in south Texas, an area where Baytex also has assets.
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In The News for Feb. 28: Where is the money going on budget day in Alberta and B.C.?

In The News for Feb. 28: Where is the money going on budget day in Alberta and B.C.?

In The News is a roundup of stories from The Canadian Press designed to kickstart your day. Here is what's on the radar of our editors for the morning of Tuesday, Feb. 28, 2023 ... What we are watching in Canada ...
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Alberta splits wildlife management into hunting, fishing and everything else

Alberta splits wildlife management into hunting, fishing and everything else

EDMONTON — Alberta's United Conservative Party government has moved on a proposal to split wildlife management responsibilities in the province, creating a new department of hunting and fishing in the Forestry, Parks and Tourism Ministry.
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Zacha, Bruins overcome McDavid's 50th in 3-2 win over Oilers

EDMONTON, Alberta (AP) — Pavel Zacha scored the tiebreaking goal late in the second period and the league-leading Boston Bruins beat the Edmonton Oilers 3-2 Monday night for their seventh straight win.
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Bruins beat Oilers 3-2 for seventh straight win, overshadow McDavid's 50th

Bruins beat Oilers 3-2 for seventh straight win, overshadow McDavid's 50th

EDMONTON — The Boston Bruins continue to set a record-threatening pace. Pavel Zacha’s late second-period goal stood up as the game winner as the Bruins continued their spectacular season with a 3-2 victory over the Edmonton Oilers on Monday night.
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MEG Energy earns $159M in Q4; high oil prices offset by WCS differential

MEG Energy earns $159M in Q4; high oil prices offset by WCS differential

CALGARY — MEG Energy Corp. says it earned $159 million in the fourth quarter of 2022, a 10 per cent decrease from the prior year's quarter in spite of achieving record bitumen production.
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Alberta signs $24B, 10-year health-care funding deal with Ottawa

Alberta signs $24B, 10-year health-care funding deal with Ottawa

EDMONTON — Alberta’s health minister says the new health funding deal with the federal government will dovetail with provincial reforms to the system.
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Upgrades might prove too costly for cap-strapped Oilers as trade deadline approaches

Upgrades might prove too costly for cap-strapped Oilers as trade deadline approaches

EDMONTON — There’s a small section of the West Edmonton Mall reserved for luxury, high-end retailers, where you can look at Rolex watches, Tiffany jewelry or Louis Vuitton bags.
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Oilpatch funds balloon for pro-Smith political group after she supports royalty break

Oilpatch funds balloon for pro-Smith political group after she supports royalty break

EDMONTON — Oilpatch support for Alberta Premier Danielle Smith's agenda ballooned after she won her party's leadership and put the so-called RStar program — a plan to give tax breaks to energy companies for fulfilling cleanup work they are already ob
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WHL roundup: Road Rockets prevail in shootout to edge Hitmen 3-2

CALGARY — Andrew Cristall's lone goal of a three-round shootout lifted the visiting Kelowna Rockets to a 3-2 victory over the Calgary Hitmen in Western Hockey League action on Sunday.
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