Imperial Oil Ltd.

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Oil Sands Alliance to focus on energy industry sustainability, advancing net zero ambitionsCanada’s largest oilsands com...
04/11/2022

Oil Sands Alliance to focus on energy industry sustainability, advancing net zero ambitions

Canada’s largest oilsands companies have formed a new advocacy group they say will help to advance the sustainable development and operation of their industry.

The Oil Sands Alliance was established Jan. 1, with membership consisting of oilsands producers Suncor Energy Inc., Cenovus Energy Inc., Imperial Energy Ltd., Canadian Natural Resources Ltd. and ConocoPhillips.

It is not clear whether the new organization will be involved in political lobbying or how exactly it will be structured.

Al Reid, director of the Oil Sands Pathways to Net Zero alliance — which, along with other already existing groups like the Oil Sands Community Alliance (OSCA), Canada’s Oil Sands Innovation Alliance (COSIA), and the Regional Oil Sands Operating Alliance, will be overseen by the new organization — said more details will be released soon.

Imperial Oil to produce renewable diesel at Strathcona refinery using locally grown cropsImperial Oil Ltd. is planning t...
04/11/2022

Imperial Oil to produce renewable diesel at Strathcona refinery using locally grown crops
Imperial Oil Ltd. is planning to build a renewable diesel complex at its Strathcona refinery near Edmonton, using locally grown vegetable oils to meet growing customer demand for cleaner burning fuel products.

Calgary-based Imperial — a subsidiary of ExxonMobil and Canada’s largest petroleum refiner — said Wednesday its proposed project would be the largest facility of its kind in Canada, capable of producing more than one billion litres per year of biofuel annually.

Imperial Oil to market Montney, Duvernay assets in AlbertaImperial Oil Ltd. says it intends to market its more than 260,...
04/11/2022

Imperial Oil to market Montney, Duvernay assets in Alberta

Imperial Oil Ltd. says it intends to market its more than 260,000 hectares of assets in the Montney and Duvernay oil and gas-producing areas of central Alberta.

The Calgary-based company says it will market its interests in XTO Energy Canada jointly with ExxonMobil Canada.

Imperial and ExxonMobil Canada each own 50 per cent of XTO Energy Canada, which includes assets in the liquids-rich Montney and Duvernay resource plays.

The assets to be marketed include 227,200 net hectares in the Montney shale, 34,000 net hectares in the Duvernay shale and additional holdings in other areas of Alberta.

Net production from these assets is about 140 million cubic feet of natural gas per day and about 9,000 barrels of crude, condensate and natural gas liquids per day.

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505 Quarry Park Boulevard, Calgary, AB T2C 5N1
Downtown Calgary, AB
92323

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