Ontario fines Imperial Oil $900,000 for 2021 slop oil spill at Sarnia site [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
increase $900,000 for a slop oil leak into a tank containment area at its Sarnia site in 2021 that had an adverse effect on people. Slop oil is a waste product that is typically composed of crude oil, water and waste solids and can contain various contaminants like hydrogen sulphide. The Canadian company pleaded guilty under the Environmental Protection Act in a provincial court on Sept. 16, a spokesperson said, for an occurrence on April 15, 2021, where nearly 1,150 litres (7.3 barrels) of slop oil was discharged. The discharge adversely affected people at two nearby businesses and residents of Aamjiwnaang First Nation, as per the court bulletin from Nov. 13. Imperial has 90 days to pay the fine along with a victim fine surcharge of $225,000. “We regret this incident, and we accept the fine imposed by the court. Imperial has since made changes to its equipment maintenance plan by modifying the criteria used to prioritize repairs to mitigate the risk of a reoccurrence of th
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News
- CEO buys as Imperial Oil stock tumbles on capex plans and export tax risk [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Thursday's Insider Report: CEO makes a US$680,000 purchase in this large-cap energy stock [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Imperial Oil Issues C$1.9-C$2.1 Billion Capex Guidance for 2025 [Yahoo! Finance]Yahoo! Finance
- Imperial provides 2025 corporate guidance outlookBusiness Wire
- Oil is not the problem; burning oil is the problem [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
IMO
Earnings
- 11/1/24 - Beat
IMO
Sec Filings
- 12/12/24 - Form 8-K
- 11/27/24 - Form 8-K
- 11/12/24 - Form SC
- IMO's page on the SEC website