After massive writedown, Imperial Oil says no big projects in coming years

CALGARY – Imperial Oil Ltd. president and CEO Brad Corson told investors not to expect the company to announce major new projects in the coming years as the impact of a tough 2020 will continue to reverberate for some time. “No one is sad to see 2020 behind us. The year presented us with some extreme challenges and as a result, we unfortunately experienced an earnings loss for the year,” Corson said on an investor call...