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Imperial Oil Ltd's Nabiye oilsands project sees 66% production increase

CALGARY – Production at Imperial Oil Ltd.’s $2-billion oilsands expansion project near Cold Lake, Alta. has ramped up by 66 per cent over the past month, Imperial’s parent company announced Monday. 163 more words

Energy

New Democratic Party orange wave swamps energy stocks

The sharp selloff in energy stocks triggered by the New Democratic Party’s victory in Alberta has investors looking for any signs of hope after the beating they’ve taken since last fall. 664 more words

Investing

Oil downturn teaching harsh lessons, but Imperial Oil Ltd and Suncor Energy Inc aren't taking chances

The modest rebound in oil prices is fuelling hope that the worst of the downturn is over, but Canadian industry stalwarts such as Imperial Oil Ltd. 788 more words

Energy

Imperial Oil Ltd first-quarter profit cut in half — but the oilsands giant still plans to jack output

Imperial Oil Ltd., the Canadian oilsands company owned by Exxon Mobil Corp., reported on Thursday that first-quarter profit fell by more than half as crude prices tumbled by more than half. 251 more words

Investing

Five things to expect when oilpatch firms report first-quarter results

This coming week the toll of weak oil prices will be thrown into stark relief as some of Canada’s biggest energy names report first-quarter results and hold annual shareholder meetings. 577 more words

Canadian Oil Sands Ltd ripe for takeover — and Imperial Oil Ltd is the most likely suitor: analyst

The company with the largest stake in oilsands miner Syncrude Canada is a prime takeover target and its most likely suitor is the company with the second-largest stake, according to a research report published Monday. 578 more words

Energy

Canadian Oil Sands ripe for takeover, analyst speculates

The company with the largest stake in oilsands miner Syncrude Canada is a prime takeover target and its most likely suitor is the company with the second-largest stake, according to a research report published Monday. 582 more words

Energy