Post Tagged with: "Imperial Oil"

Source: Reuters

Imperial shuts Kearl oil sands operations after pipeline outage

Reuters


Imperial Oil Ltd on Wednesday said it had shut all production at its 220,000 barrel-per-day Kearl oil sands site in Canada due to an outage at a third-party diluent pipeline following a leak detected on Aug. 29.

Imperial shuts Kearl oil sands operations after pipeline outage- oil and gas 360

“The impact …

September 2, 2020 - 3:00 pm Canada News, Closing Bell Story‎, Energy News, Pipeline News
Source: Reuters

Imperial Oil’s quarterly profit beats estimates on higher crude prices

Reuters:


Canada’s Imperial Oil Ltd (IMO.TO) edged past quarterly profit estimates on Friday, benefiting from a recovery in Canadian crude prices following Alberta’s mandated production cuts.

The company, which recently appointed Exxon veteran Brad Corson as CEO, said …

Canadian Oil Companies See Output Cuts Easing as Rail Capacity Grows

Canadian Oil Companies See Output Cuts Easing as Rail Capacity Grows

From Reuters


Major Canadian oil companies, which publicly disagreed over the Alberta government’s forced curtailments this year, are in lockstep over how to end the production limits and reinvigorate the battered industry.

Senior executives from Suncor Energy, Canadian Natural Resources, …

Source: Bashneft

Canada’s Imperial Oil Resumes Shipping Crude by Rail

From Reuters

Canadian crude producer Imperial Oil has recently resumed shipping crude oil by rail from its terminal in Edmonton, Alberta, because of a marginal improvement in rail economics, a company spokesman said on Tuesday.

The pickup in volumes is …

March 27, 2019 - 3:20 pm Canada, Closing Bell Story‎, Crude Oil News, Energy News