Article

Imperial Oil Ltd leverages its integrated business model and partnership with ExxonMobil to enhance competitiveness. The company focuses on lower-emission technologies and innovative projects like Canada’s largest renewable diesel facility.

However, it faces challenges from high operating costs, dependence on third-party infrastructure, and market volatility, which could impact profitability. The chemical segment benefits from low-cost natural gas, positioning Imperial well for petrochemical demand. Addressing these challenges while exploiting opportunities is crucial for long-term success.