Imperial Oil

From Wikipedia, the free encyclopedia

Imperial Oil Limited
Type Public (TSX: IMO AMEX: IMO)
Founded London, Ontario (1880)
Headquarters Calgary, Alberta
Key people T.J. (Tim) Hearn, Chairman, President & CEO
Industry Oil and Gasoline
Products Petrochemical products
Revenue image:green up.png$26.936 billion CAN (2005)
Employees 5,096 (2005)
Website www.imperialoil.com/

Imperial Oil Limited TSX: IMO AMEX: IMO 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 tar 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. 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.

Current members of the board of directors of Imperial Oil are: Randy Broiles, Brian Fischer, Tim Hearn, Jack Mintz, Roger Phillips, Jim Shepard, Paul Smith, Sheelagh Whittaker and Victor Young.

An Esso-branded service station, with On the Run convenience store, in Kanata, Ontario.
An Esso-branded service station, with On the Run convenience store, in Kanata, Ontario.

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