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Imperial Oil's revenue boosted by higher prices, production

Imperial Oil Ltd, Canada’s No.2 integrated oil company, reported higher second-quarter revenue, driven by increased bitumen prices and production.

The company, 69.6% owned by Exxon Mobil Corp, said total revenue and other income rose 26.3% to $10.05 billion in the second quarter ended June 30. 47 more words

Energy

Arctic oil spills likely to spread across borders: study

New research suggests that any type of significant oil spill in Canada’s western Arctic would likely spread quickly and foul oceans around Alaska and possibly as far west as Russia. 601 more words

Energy