Imperial Oil

About

Imperial Oil Limited is a prominent Canadian petroleum company, founded in 1880 and headquartered in Calgary, Alberta. It is recognized as Canada's second-largest integrated oil company, with ExxonMobil holding approximately 69.6% of its shares. The company has a rich history, beginning with its establishment by refiners who controlled a significant portion of Canada's refining capacity. Over the years, Imperial Oil has expanded its operations through key acquisitions and developments, including the discovery of oil at Norman Wells and the establishment of several refineries. As an integrated energy firm, Imperial Oil operates across the entire petroleum value chain. This includes upstream activities like exploration and production, midstream operations involving pipelines, and downstream refining and marketing. The company produces a variety of products, including gasoline under the Esso brand, kerosene, petrochemicals, and fertilizers. Major facilities include refineries in Sarnia, Calgary, and Strathcona, along with oil sands projects like Kearl and Cold Lake. Imperial Oil also invests in research and development to enhance its operations and product offerings.