Πεμ, 28 Ιουλίου 2011 - 19:22
Imperial Oil Ltd. reported a 40% increase in second-quarter earnings and said its big Kearl oil-sands project in Alberta remains on track.
The integrated oil and gas company, based in Calgary and controlled by Exxon Mobil Corp., earned a higher profit of C$726 million or 85 Canadian cents a share in the latest quarter, citing higher crude oil prices, stronger industry refining margins and increased Cold Lake bitumen production. However, higher royalty costs, lower Syncrude volumes and the stronger Canadian dollar weighed on results