Imperial Oil
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Cenovus reports higher Q3 profits, Imperial Oil has mixed financial resultsCenovus and Exxon both published their third-quarter financial results on Friday as world oil markets continue to be impacted by Trump tariffs and increased production from OPEC+.EconomyOct 31
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Imperial Oil job cuts come amid wider tech-enabled efficiency push in energy industryImperial Oil's announcement that it's cutting hundreds of jobs is the latest in a long list of industry layoffs, driven by low oil prices, new technology and unfavourable policies.EconomySep 30
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Imperial Oil’s planned layoffs ‘deeply disappointing,’ energy minister saysAlberta Premier Danielle Smith is blaming Ottawa for the layoffs at the Calgary-based company, which she said reinforces the need to build more pipelines.EconomySep 30
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Imperial Oil to cut workforce 20% by end of 2027Calgary-based Imperial Oil had about 5,100 employees as of the end of 2024, according to a regulatory filing.MoneySep 29
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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
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Alberta Energy Regulator lays 9 charges against Imperial Oil for 2023 wastewater spillImperial Oil is scheduled to make its first court appearance for the new charges next month in Fort McMurray.EnvironmentJan 17
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Alberta Energy Regulator imposing penalty on Imperial Oil amid ongoing Kearl investigationOn Thursday, the regulator said its investigation found that industrial wastewater bypassed a seepage interception system.EnvironmentAug 22, 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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Manitoba pipeline under construction now partially operating as work continuesProgress continues to be made on repairs to a Manitoba pipeline that supplies diesel and jet fuel to the Winnipeg area.TrendingMay 28, 2024
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Imperial Oil marks record Q1 production at Kearl ahead of Trans Mountain startImperial Oil Ltd. pushed its Kearl oilsands project to record production as it continues to ramp up output ahead of the opening of the Trans Mountain pipeline expansion.CanadaApr 26, 2024
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