Everything about Imperial Oil totally explained
Imperial Oil Limited (French: Compagnie Pétrolière Impériale Limitée) is
Canada's largest
petroleum company. It is controlled by
ExxonMobil, which owns 69.6% of its stock. In turn it owns 25% of
Syncrude Canada Ltd., the world's largest producer of
synthetic crude oil from
strip mining of
oil sands. Imperial Oil operates
service stations in Canada under the
trade name Esso as well as other
brand names. Its owned-and-operated
convenience stores use the
On the Run / Marché Express or Tiger Express brands.
The company was
incorporated in
1880. Historically it has been one of the largest and most powerful corporations in Canada. In 1975 it was listed as the second "largest".
(External Link
) Currently headquartered in
Calgary, Alberta, Imperial Oil was based in
Toronto, Ontario until 2005.
Imperial is one of Canada's top
natural gas producers, the country's major
refiner and
marketer of petroleum products and an important
manufacturer of
petrochemicals. Most of Imperial's production is from its vast
natural resource holdings in
Alberta and the
Northwest Territories.
Corporate governance
Current members of the
board of directors of Imperial Oil are:
Randy Broiles,
Brian Fischer,
Bruce March,
Jack Mintz,
Roger Phillips,
Jim Shepard,
Paul Smith,
Sheelagh Whittaker and
Victor Young.
Bruce March is the current Chairman, President and CEO since 2002, replacing Tim Hearn who retired effective March 31, 2008.
Further Information
Get more info on 'Imperial Oil'.
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