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Imperial Oil CEO believes company will be ‘resilient’ to potential tariffs from U.S.

By Sammy Hudes The chief executive of Imperial Oil Ltd. says he hopes Canada can avoid potential tariffs from the U.S. on energy products, but believes his company should be well-positioned to withstand the negative effects. Speaking Friday on the company’s...

Shell exits oilsands, boosts stake in Scotford upgrader and Quest carbon facility

CALGARY — Shell Canada Ltd. is exiting the oilsands in a deal with Canadian Natural Resources Ltd. in an agreement that will see it increase its stake in the Scotford upgrader and Quest Carbon Capture and Storage facility. Shell is swapping its remaining 10 per cent...

Imperial Oil raises quarterly dividend as fourth-quarter profits down from last year

CALGARY — Imperial Oil Ltd. raised its quarterly dividend as it reported a fourth-quarter profit of $1.23 billion, down from $1.37 billion in the same quarter last year. The company says the profit amounted to $2.37 per diluted share for the quarter ended Dec. 31,...

Op-Ed: Deidra Garyk: Sustainability reporting, Part 2,:ESG is not going away – why waiting to report is a risky bet

  Environmental concerns, greenwashing, and corporate responsibility have impacted how Canadian energy companies conduct operations. Canada’s implementation of its new Sustainability Disclosure Standards means that businesses that were under the private...

Op-Ed: Deidra Garyk: Sustainability reporting, Part 1: Canadian sustainability reporting requirements

Environmental concerns, greenwashing, and corporate responsibility have impacted how Canadian energy companies conduct operations. Canada’s implementation of its new Sustainability Disclosure Standards means that businesses that were under the private scrutiny...
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