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Vol. 8, No. 17 Week of April 27, 2003
Providing coverage of Alaska and northern Canada's oil and gas industry


Imperial Oil posts record earnings on higher prices across the board

Allen Baker, Petroleum News contributing writer

Imperial Oil Ltd. soared to record earnings for the first quarter of this year, showing profits of C$538 million, nearly five times the C$110 million the Toronto-based company netted in the same quarter a year ago. Foreign exchange gains on the company’s U.S. dollar debt also helped results. The b....


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