Imperial looking regal
Cash-rich, virtually debt-free, Canada’s leading integrated company bucks trend, pushing ahead in sands; faces approval verdict
For Petroleum News
A quick look at 2009 capital spending plans by Canada’s largest oil and gas producers shows Petro-Canada is down 36 percent from 2008, EnCana and Talisman Energy are both off 18 percent and Nexen has trimmed 15 percent.
But Imperial Oil has hiked its budget by 60 percent.
Almost 70 percent owned by....
[additional news subjects in this story]
Decision will come this year
Analysts give high marks
Work stopped at Fort Hills
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