Imperial Oil

For the British oil company operating in Siberia and Kazakhstan, see Imperial Energy Corporation.

Imperial Oil Limited
Company typePublic Subsidiary
IndustryPetroleum[2]
Founded1880 (1880)
Headquarters505 Quarry Park Boulevard SE, Calgary, Alberta, Canada
Key people
Brad Corson, Chairman (President & CEO)[3]
ProductsPetrochemical[2] products
RevenueIncrease$26.888 billion CAD (2015)[2]
Increase$1.122 billion CAD (2015)[2]
Total assetsIncrease$43.170 billion CAD (2015)[2]
Total equityIncrease$23.425 billion CAD (2015)[2]
Number of employees
5,263 (2012)[2]
ParentExxonMobil (69.6%)[2][4]
Websiteimperialoil.ca

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]

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]

  1. ^ Cite error: The named reference S&P/TSX 60 Constituent Companies was invoked but never defined (see the help page).
  2. ^ a b c d e f g h i j k l m Cite error: The named reference Imperial Oil 2012 Annual Report was invoked but never defined (see the help page).
  3. ^ Cite error: The named reference Imperial Oil names Brad Corson as CEO was invoked but never defined (see the help page).
  4. ^ "Imperial Oil Limited". Retrieved October 25, 2016.
  5. ^ "Canada operations". ExxonMobil. Retrieved January 14, 2024.
  6. ^ Cite error: The named reference Imperial Oil Operates Tiger Express-Brand Convenience Stores was invoked but never defined (see the help page).
  7. ^ "Imperial Oil - Kearl overview". www.imperialoil.ca. Retrieved May 19, 2016.
  8. ^ Cite error: The named reference Imperial operations was invoked but never defined (see the help page).
  9. ^ Cite error: The named reference Imperial Oil Moved Headquarters from Toronto to Calgary in 2005 was invoked but never defined (see the help page).
  10. ^ "Operations overview". www.imperialoil.ca. Retrieved May 19, 2016.
  11. ^ "Conventional oil". www.imperialoil.ca. Retrieved May 19, 2016.
  12. ^ Overland, I., Bourmistrov, A., Dale, B., Irlbacher‐Fox, S., Juraev, J., Podgaiskii, E., Stammler, F., Tsani, S., Vakulchuk, R. and Wilson, E.C. 2021. The Arctic Environmental Responsibility Index: A method to rank heterogenous extractive industry companies for governance purposes. Business Strategy and the Environment. 30, 1623–1643. https://onlinelibrary.wiley.com/doi/10.1002/bse.2698