September 23, 2015 / 1:45 PM / in 2 years

Imperial says 2015 capital spend will come in below C$4 bln budget

CALGARY, Alberta, Sept 23 (Reuters) - Imperial Oil, Canada’s No. 2 integrated oil producer, said on Wednesday its total 2015 capital expenditures will be a couple of million dollars under the C$4 billion ($3.01 billion)budgeted for the year.

Speaking at an investor day in Toronto, Imperial chief executive Rich Kruger said the company had been able to renegotiate third party contracts and enhance productivity. ($1 = 1.3283 Canadian dollars) (Reporting by Nia Williams; Editing by Chizu Nomiyama)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below