Imperial Oil Ltd.
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Imperial Oil says cold weather crimped Kearl oilsands mine output in Q1The mine, owned by Imperial and its majority owner ExxonMobil, churned out 256,000 barrels per day during the first three months of the year, down from 277,000 a year earlier.MoneyMay 2, 2025
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Imperial Oil reports $1.24B 3rd-quarter profit, down from $1.6B last yearThe company says the profit amounted to $2.33 per diluted share for the quarter ended Sept. 30, down from $2.76 per diluted share a year earlier.MoneyNov 1, 2024
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Imperial Oil remains confident in renewable diesel projectThe $720-million project under way at Imperial's Strathcona refinery is expected to have a capacity of more than one billion litres of renewable diesel annually.MoneyAug 5, 2024
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Imperial Oil starts production at new project using lower-emissions technologyImperial Oil Ltd. says it has started production at its new Grand Rapids project located at its Cold Lake operating site.EconomyMay 22, 2024
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Imperial’s fleet of heavy haul trucks at Kearl oilsands site now fully autonomousImperial Oil expects its transition to self-driving trucks at its Kearl oilsands mine will help boost bitumen production from that site in the coming years.TechOct 27, 2023
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Geese in ‘good condition’ after landing on contaminated lagoon: Imperial CEOImperial chairman, president and CEO Brad Corson said all of the geese have been removed from the lagoon and taken to a specialist site for cleaning and rehabilitation.CanadaJul 28, 2023
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Regulator gives Imperial weeks to plan fix for months old oilsands tailings leakAlberta's energy regulator has given Imperial Oil until the end of the month to figure out a way to fix ongoing seepage at tailings ponds at its Kearl oilsands mine.CanadaFeb 8, 2023
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Imperial Oil gives OK to $720M renewable diesel project near EdmontonThe Calgary-based company says a significant portion of the production will be sent to British Columbia to support the province's plan to lower carbon emissions.CanadaJan 26, 2023
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Imperial Oil plans $1.7 billion in capital spending in 2023Throughput in Imperial's downstream business is forecast to be between 395,000 and 405,000 barrels per day with capacity utilization between 92 and 94 per cent.EconomyDec 20, 2022
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Alberta-based E3 Lithium gets $37M from feds to support oilfield lithium extractionE3 Lithium has developed a technology to extract lithium, a light metal used to make EV batteries, from oilfield brines.EconomyNov 28, 2022
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