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Imperial Oil Limited (French: Compagnie Pétrolière Impériale Ltée) is a Canadian petroleum company. [2] It is Canada's second-largest integrated oil company. It is majority-owned by American oil company ExxonMobil, with a 69.6% ownership stake in the company. [5] It is a producer of crude oil, diluted bitumen, and natural gas.
The Nanticoke Refinery is an oil refinery in Nanticoke, Ontario, Canada. It is owned and operated by Imperial Oil, which is majority owned by ExxonMobil. The refuels primarily go to Esso-branded gas stations in Canada and to other oil companies' distribution networks in Canada and the United States.
The Kearl Oil Sands Project is an oil sands mine in the Athabasca Oil Sands region at the Kearl Lake area, about 70 kilometres (43 mi) north of Fort McMurray in Alberta, Canada that is operated by the 143-year old Calgary, Alberta-headquartered Imperial Oil Limited—one of the largest integrated oil companies in Canada.
The shutdown last month of the leaking Keystone oil pipeline, which moves Alberta oil to U.S. refineries, increased the discount on Canadian heavy crude against U.S. light oil to reflect the ...
Imperial Oil (AMEX: IMO) reported earnings on Feb. 1. Here are the numbers you need to know. The 10-second takeaway For the quarter ended Dec. 31 (Q4), Imperial Oil met expectations on revenues ...
In 1980, a plant in Cold Lake was one of just two oil sands plants under construction in Alberta. [4] Although not developed as quickly and extensively as originally envisioned, an Imperial Oil plant in Cold Lake became the largest in situ oil sands project constructed in Alberta during the 1980s. By 1991, its daily oil production was 90,000 ...
U.S. oil price levels of $70 or less “are great for consumers,” said AAA spokesman Andrew Gross. Crude oil makes up about half the price of a gallon of gasoline, making crude the key factor on ...
The area is Alberta's refining and petrochemical centre – notably the "Industrial Heartland" northeast of Edmonton. That industrial region has grown organically since the late 1940s, when Imperial Oil brought a tin-pot World War II refinery down from Whitehorse to process crude from Leduc and the other new fields. Now the beneficiary of more ...