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http://in.reuters.com/article/2013/05/02/suncor-refinery-gasoline-idINL2N0DJ1MC20130502 |
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5/2/2013 2:48:18 PM |
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http://www.imperialoil.ca/Canada-English/Files/Earnings_Release_Q1_2013.pdf quote Increased earnings were primarily due to the favourable impact of refining margins of about $125 million partially offset by the impact of higher maintenance ac...
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4/30/2013 3:23:00 AM |
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That post also scares me at the beginning, but after some searh, I would say that's an irresponsible post. That post dated mar 13, but on this mar 28 news http://www.theobserver.ca/2013/03/28/imperial-oil-restarts-coker-unit the sarnia co... |
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4/30/2013 3:18:53 AM |
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Pls post a link about the $500 million loss you claim. Thanks.
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4/30/2013 2:46:00 AM |
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Is this the reason for the drop? |
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4/30/2013 2:45:29 AM |
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You are correct about the condensate demand as demand is predicated to grow by 6 X by 2025.Condensate is purchased at a premium to the WTI price and the dilbit stream it makes up 25% of is then sold as a heavy oil which is significantly discounte...
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4/17/2013 3:59:32 PM |
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Demand for condensate to make dilbit is expected to more than double over the next few years. For Imperial Oil alone, expansion of heavy oil production at Cold Lake and now Kearl will require lots more condensate to make dilbit. I suspect the hig... |
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4/11/2013 10:00:50 PM |
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One supervisor and two process men are up on the carpet for operating without a permit and shutting down the Coker unit and C O boiler by putting out the hydro to both.....loss will be about $ 500 million...stock taking a hit to-day
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3/13/2013 2:35:04 PM |
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Ok with CELTIC and Montney but I think XOM and eventually IMO has to expand to the hot Australia Basins asap ... all the other majors are doing this currently...check what COP, SHELL , HES are doing in Austra... |
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3/10/2013 11:22:52 AM |
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Looks like IMO management have been forced to come clean with the reason that Kearl is months behind schedule and billions over budget. This project, within the IMO ranks, has become an absolute embarasment as far as project management goes. The ...
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2/2/2013 8:25:34 PM |
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Looks like IMO management have been forced to come clean with the reason that Kearl is months behind schedule and billions over budget. This project, within the IMO ranks, has become an absolute embarasment as far as project management goes. The ... |
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2/2/2013 8:24:36 PM |
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Good points lowe0. But in reality, it has always been that way, our friends to the south buying up any and almost all of our resources. How many Canadians actively participate in the markets, not many. It's because we are afraid of risk... ...
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1/29/2013 8:02:47 AM |
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"Imperial’s chief executive Bruce March told the Canadian Association of Petroleum Producers investment symposium in Toronto on Monday that the plant’s first oil may be slightly delayed. “It is fair to say they’ve had... |
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1/5/2013 2:24:19 AM |
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hopefully IMO will expand through acquisitions as TBTEF does too. http://seekingalpha.com/article/1060231-the-time-will-come-for-rock-energy-to-rock?source=yahoo Twin Butte acquired 4 companies in 10 months.
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12/16/2012 10:15:39 AM |
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I don't mind that the Denver refinery is 100% owned by Suncor Energy because Suncor is a first class operartor, and has done a lot of upgrades to the refinery that the previous American owners would not do. The more Canadian ownership in the... |
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12/13/2012 1:36:36 PM |
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For years I have always wondered why XOM doesn't buy out the remaining 30% of shares that they don't already own in IMO and call it all XOM Canada. When you watch how the CNOC take over of Nexen and the Petronas take over of Progress have...
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11/29/2012 3:54:43 PM |
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IMO will get some stake from XOM investment in CLT (Celtic) according to yesterday's news. Will IMO buy a stake in the Argentinean projects of XOM? This article in SeekingAlpha below about the argentinean stoc... |
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11/29/2012 8:57:44 AM |
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This sumps up almost everything about IMO IMO looks to have attractive ratios vs the peers according to this SeekingAlpha article http://seekingalpha.com/article/890351-trying-to-find-the-lightest-valuations-of-the-heavy-oil-patch-part-2?sou...
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10/2/2012 3:17:19 AM |
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Stockhouse.com: Taking
it to the street
