ExxonMobil’s Imperial Oil to start up Canada fuel depot this year

01 August 2013 15:57  [Source: ICIS news]

TORONTO (ICIS)--ExxonMobil’s Canadian Imperial Oil affiliate expects to begin operating its fuel depot at Dartmouth in Canada’s eastern Nova Scotia province later this year, the global oil major said on Thursday.

Imperial Oil is converting its refining site at Dartmouth into a depot after failing to find a buyer for its 88,000 bbl/day refinery there.

Imperial said that the closure of the Dartmouth refinery and the site’s conversion into a fuel depot would improve the competitiveness of its downstream business.

Imperial still has two refineries in Ontario and one in Alberta. It also has petrochemical operations in Sarnia, Ontario.

By: Stefan Baumgarten
+1 713 525 2653

AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly