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NEWS |
ExxonMobil and Imperial Oil to sell Canadian oil and gas assets for $1.47bn
ExxonMobil’s Canadian affiliates, namely Imperial Oil and ExxonMobil Canada, have agreed to sell their Montney and Duvernay shale oil and gas assets in Canada to Whitecap Resources in an all-cash deal (...)
NEWS |
Imperial braves Canadian price slump with new $2.6-billion oilsands project
Imperial Oil Ltd. is going ahead with its $2.6 billion Aspen oilsands project even as Canadian heavy crude is selling at the lowest prices in at least a decade.