Imperial Oil LimitedNYSE American: IMO

CALGARY, Alberta--(BUSINESS WIRE)--Imperial announced today that it has received final acceptance from the Toronto Stock Exchange for a normal course issuer bid.

CALGARY, Alberta--(BUSINESS WIRE)--Imperial (TSE: IMO, NYSE American: IMO) CEO Brad Corson, presented to the federal Standing Committee on Environment and Sustainable Development on June 6 to share how the company is working to supply Canada's energy needs reliably, safely and securely, while providing benefits to the economy and taking action to reduce emissions. Opening statement Good afternoon, Mr. Chair, and members of the committee. In this meeting today, and every day that Imperial carrie.

Imperial (IMO) starts the Grand Rapids oil sands project at Cold Lake, using SA-SAGD tech to cut emissions by 40%, boosting production to 15,000 gross barrels per day by 2024.

CALGARY, Alberta--(BUSINESS WIRE)--Imperial (TSE: IMO, NYSE American: IMO) today announced its Grand Rapids oil sands project has started production at Cold Lake, marking the first commercial deployment of the recovery technology that uses less steam to lower emissions intensity. The project, located at Imperial's Cold Lake operating site, is expected to reduce greenhouse gas emissions intensity by up to 40 percent compared to existing processes in use. The technology, known as solvent-assisted.

Imperial (IMO) anticipates production levels of approximately 420,000-442,000 barrels per day in the Upstream segment and 385,000-400,000 barrels per day in the Downstream segment for 2024, with a capacity utilization rate of 89-92%.

Imperial Oil (IMO) reported quarterly earnings of $1.65 per share, exceeding the Zacks Consensus Estimate of $1.55 per share. This is higher than the earnings of $1.58 per share from the previous year.

Imperial Oil (IMO) lacks the necessary mix of key factors for a potential earnings beat in its upcoming report. Be ready with the key projections.

Imperial (IMO) plans a three-month shutdown of the Winnipeg pipeline for repairs due to integrity concerns, prompting fuel supply management measures in Manitoba.

Imperial (IMO) expects production in the band of 420,000-442,000 barrels per day and 385,000-400,000 in the Upstream and Downstream segments, respectively, with capacity utilization of 89-92%.