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Imperial Oil
Canadian petroleum company majority-owned by American ExxonMobil / From Wikipedia, the free encyclopedia
Imperial Oil Limited (French: Compagnie Pétrolière Impériale Ltée) is a Canadian petroleum company.[2] It is Canada's second-largest integrated oil company. It is majority-owned by American oil company ExxonMobil, with a 69.6% ownership stake in the company.[5] It is a producer of crude oil, diluted bitumen, and natural gas. Imperial Oil is one of Canada's major petroleum refiners and petrochemical producers.[2] It supplies Esso-brand service stations.[2][6]
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Company type | Public Subsidiary |
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Industry | Petroleum[2] |
Founded | 1880 (1880) |
Headquarters | 505 Quarry Park Boulevard SE, Calgary, Alberta, Canada |
Key people | Brad Corson, Chairman (President & CEO)[3] |
Products | Petrochemical[2] products |
Revenue | ![]() |
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Total assets | ![]() |
Total equity | ![]() |
Number of employees | 5,263 (2012)[2] |
Parent | ExxonMobil (69.6%)[2][4] |
Website | imperialoil.ca |
Imperial owns 25% of Syncrude, which is one of the world's largest oil sands operations.[2] It also has holdings in the Alberta Oil Sands, and operates an oil sands mining operation with ExxonMobil, called Kearl Oil Sands.[7][8]
Imperial Oil is headquartered in Calgary, Alberta. It was based in Toronto, Ontario, until 2005.[2][9] Most of Imperial's production is from its natural resource holdings in the Alberta oil sands[10][self-published source?] and the Norman Wells oil field in the Northwest Territories.[11]
Imperial Oil was ranked 34th in the Arctic Environmental Responsibility Index (AERI) for 2021 out of 120 mining, oil, and gas corporations that extract resources north of the Arctic Circle.[12]