Imperial Oil |

Regulator gives Imperial weeks to plan fix for months-old oilsands tailings leak

Posted by Daniel Barton
|Date: February 09, 2023
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Regulator gives Imperial weeks to plan fix for months-old oilsands tailings leak

Imperial Oil's Kearl Oil Sands Mine Alberta’s energy regulator has given Imperial Oil until the end of th ...

Imperial Oil's Kearl Oil Sands Mine Alberta’s energy regulator has given Imperial Oil until the end of the month to figure out a way to fix ongoing seepage at a tailings pond at its Kearl oilsands min ...

February 09, 2023
| by Daniel Barton

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Heavy crude discount widens slightly as new trade cycle begins

Posted by Daniel Barton
|Date: February 02, 2023
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Heavy crude discount widens slightly as new trade cycle begins

Western Canada Select (WCS) crude’s discount to the benchmark West Texas Intermediate (WTI) widened on We ...

Western Canada Select (WCS) crude’s discount to the benchmark West Texas Intermediate (WTI) widened on Wednesday as the new monthly trade cycle got underway: * WCS for March delivery in Hardisty, Albe ...

February 02, 2023
| by Daniel Barton

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Imperial provides 2023 corporate guidance outlook

Posted by Daniel Barton
|Date: December 20, 2022
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Imperial provides 2023 corporate guidance outlook

CALGARY, Alberta–(BUSINESS WIRE)–Imperial (TSE: IMO, NYSE American: IMO) today provided an update on its ...

CALGARY, Alberta–(BUSINESS WIRE)–Imperial (TSE: IMO, NYSE American: IMO) today provided an update on its corporate guidance outlook for 2023. The company’s corporate strategy remains focused on maximi ...

December 20, 2022
| by Daniel Barton

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Oilsands group pledges to spend $16.5B on carbon capture project by 2030

Posted by Daniel Barton
|Date: October 17, 2022
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Oilsands group pledges to spend $16.5B on carbon capture project by 2030

CALGARY – Canada’s biggest oilsands companies say they will spend $16.5 billion before 2030 on a massive ...

CALGARY – Canada’s biggest oilsands companies say they will spend $16.5 billion before 2030 on a massive proposed carbon capture and storage facility that is the centrepiece of their net-zero-by-2050 ...

October 17, 2022
| by Daniel Barton

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Alberta to toughen oil sands emissions standards

Posted by Daniel Barton
|Date: February 15, 2022
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Alberta to toughen oil sands emissions standards

Alberta plans to toughen its emissions standards for oil sands mines two sources with knowledge of the ch ...

Alberta plans to toughen its emissions standards for oil sands mines two sources with knowledge of the changes told Reuters. Alberta’s environment ministry will announce tougher industry benchmarks, w ...

February 15, 2022
| by Daniel Barton

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Lower price discounts to boost Q1 oil profits but uncertainty hangs over sector

Posted by Daniel Barton
|Date: April 21, 2019
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Lower price discounts to boost Q1 oil profits but uncertainty hangs over sector

CALGARY – Lower discounts on western Canadian oil prices have swollen producer coffers in the first three ...

CALGARY – Lower discounts on western Canadian oil prices have swollen producer coffers in the first three months of the year, but analysts say they don’t expect to see increases in drilling budgets as ...

April 21, 2019
| by Daniel Barton

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Heavy crude discount inches wider in thin trade

Posted by Daniel Barton
|Date: March 17, 2019
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Heavy crude discount inches wider in thin trade

The Canadian heavy oil differential widened slightly compared with the West Texas Intermediate (WTI) benc ...

The Canadian heavy oil differential widened slightly compared with the West Texas Intermediate (WTI) benchmark on Friday: * Western Canada Select (WCS) heavy blend crude for April delivery in Hardisty ...

March 17, 2019
| by Daniel Barton

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Canadian oil companies continue to cut 2019 capital expenditures

Posted by Daniel Barton
|Date: March 16, 2019
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Canadian oil companies continue to cut 2019 capital expenditures

Canada’s oil producers lowered their capital expenditures for 2019 due to volatility in crude prices and ...

Canada’s oil producers lowered their capital expenditures for 2019 due to volatility in crude prices and mandatory production cuts in the province of Alberta. Imperial Oil Ltd said on Friday it would ...

March 16, 2019
| by Daniel Barton

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Enbridge pipeline delay spooks traders in long-term Canada crude market

Posted by Daniel Barton
|Date: March 10, 2019
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Enbridge pipeline delay spooks traders in long-term Canada crude market

North American energy traders are reluctant to take up long-term positions on Canadian crude price moves, ...

North American energy traders are reluctant to take up long-term positions on Canadian crude price moves, preferring to stick to spot deals, as uncertainty around government intervention in the market ...

March 10, 2019
| by Daniel Barton

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