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Imperial Oil. Supporting horsepower every chance we get. Imperial achieves first oil production from Grand Rapids project using lower emission technology. Imperial announces first quarter 2024 financial and operating results. Reducing steam, not momentum, on emissions reduction.
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]
As an integrated energy producer, we explore for, produce, refine and market products that empower modern living. We have unique opportunities to bring research and innovation, community engagement, and our commitment to safe operations to each part of the value chain. Learn more about who we are.
As an integrated energy company, we explore for, produce, refine and market products essential to society. Whether it's finding oil and gas, making and selling high-quality petroleum products, or investing in innovative research, our business helps ensure Canada's quality of life and energy future.
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Jan 31, 2023 · Upstream production of 441,000 gross oil-equivalent barrels per day during fourth quarter, driven by continued strength at Kearl and Cold Lake, and higher production at Syncrude. Maintained strong refining capacity utilization, achieving best ever quarterly utilization of 101 percent.
Oct 28, 2022 · The company returned $1,739 million to shareholders in the third quarter of 2022, including $227 million in dividends paid and $1,512 million in share repurchases. Subsequent to the end of the third quarter, the company completed its NCIB program with an additional $434 million in share repurchases.
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Apr 28, 2023 · During the first quarter of 2023, the price of crude oil decreased as the global oil market saw higher inventory levels. The increase in inventory levels was followed by announcements early in the second quarter of decreased production in certain key oil-producing countries.
Imperial Oil Limited engages in exploration, production, and sale of crude oil and natural gas in Canada. The company operates through three segments: Upstream, Downstream and Chemical segments.
