Shareholders push climate resolution on asset retirement obligations at Imperial Oil [Globe and Mail, The (Toronto, Canada)]
Imperial Oil Limited (IMO)
NASDAQ:AMEX Investor Relations:
imperialoil.ca/en-ca/company/investors
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Source: Globe and Mail, The
pressure on the oil giant, which failed to tell the community about a leaking oil sands tailings pond for almost a year. Water tainted with dangerous levels of arsenic, dissolved metals and hydrocarbons seeped from the Kearl oil sands project in Northern Alberta into the environment for more than a year starting in May, 2022, but no local communities were told until a separate incident in February, 2023, spilled 5.3 million litres of wastewater. The leak and the secrecy around it spurred numerous investigations, including by the House of Commons environment committee, and prompted Imperial's chief executive officer to apologize. ACFN is also suing the Alberta Energy Regulator Chief Allan Adam said ACFN is taking the unusual step of applying pressure at Imperial's meeting because the Calgary-based company has done nothing to prove to his community that the Kearl oil sands project is safe. Imperial posts regular updates on work under way to address industrial wastewater leaking
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News
- Wildfire Threat to Oil-Sands City Seen Easing as Wind Shifts [Yahoo! Finance]Yahoo! Finance
- Imperial Oil: Exxon Mobil Subsidiary With Predictable Cash Flows With An 11% FCF Yield [Seeking Alpha]Seeking Alpha
- Globe Climate: Can floating nuclear power plants serve remote Northern communities? [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Imperial Oil Limited (AMEX:IMO) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Imperial Oil Limited (TSE:IMO) Analysts Just Slashed This Year's Revenue Estimates By 20% [Yahoo! Finance]Yahoo! Finance
IMO
Earnings
- 4/26/24 - Beat
IMO
Sec Filings
- 5/15/24 - Form SD
- 5/1/24 - Form 8-K
- 5/1/24 - Form 8-K
- IMO's page on the SEC website