Imperial Oil
 |
|
| Public | |
| Traded as | |
| Industry | Petroleum |
| Founded | London, Ontario, Canada (1880) |
| Headquarters | Calgary, Alberta, Canada |
|
Key people
|
Richard Kruger, Chairman, President & CEO |
| Products | Petrochemical products |
| Revenue |
 $26.888 billion CAD (2015) |
|
$1.122 billion CAD (2015) |
|
| Total assets |
$43.170 billion CAD (2015) |
| Total equity |
$23.425 billion CAD (2015) |
| Owner | ExxonMobil (69.6%) (2012) |
|
Number of employees
|
5,263 (2012) |
| Website | www |
Imperial Oil Limited (French: L'Impériale) is a Canadian petroleum company. It is Canada's second-biggest integrated oil company.Exxon Mobil Corp. had a 69.6 percent ownership stake in the company as of December 31, 2012. It is a significant producer of crude oil, diluted bitumen and natural gas, Canada’s major petroleum refiner, a key petrochemical producer and a national marketer with coast-to-coast supply and retail networks. Its retail operations include Esso-brand service stations and On the Run/Marché Express and Tiger Express-brand convenience stores. It is also known for its holdings in the Alberta Oil Sands. Imperial owns 25 percent of Syncrude, which is one of the world’s largest oil sands operations. Imperial is also in a joint venture oil sands mining operation with ExxonMobil Corp., called Kearl Oil Sands.
Currently headquartered in Calgary, Alberta, Imperial Oil was based in Toronto, Ontario, until 2005.
Most of Imperial's production is from its vast natural resource holdings in the Alberta Oil sands and the Norman Wells oil field in the Northwest Territories.
The company was incorporated in London, Ontario, in 1880 (Filey 1998:62).
Imperial Oil discovered the Leduc Woodbend Devonian oil reef in 1947, marking the beginning of the contemporary period in Canadian oil and gas development. Drilling began on the landmark discovery well Leduc No. 1 on November 20, 1946.
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Wikipedia