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Petroleum sector pledges support during COVID-19

Screen Shot 2020-05-05 at 11.40.37 AMImperial Oil is the latest major petroleum company to roll up its sleeves in the fight against COVID-19. Already, Shell is offering free sandwiches and beverages to essential workers during the pandemic. Now, Imperial is coming forward with initiatives to help support those on the front line and aid in the fight against the spread of the virus. 

The Calgary-based company reports that they will provide up to $2 million in free fuel vouchers to frontline nurses, paramedics and doctors as part of its Heroes Campaign launched in response to the COVID-19 pandemic. Through this promotion, Imperial is offering 80,000 digital vouchers, each worth $25, to healthcare workers currently providing critical care across Canada. Vouchers can be secured online on a first-come, first-served basis at www.healthcarehero.ca and are redeemable at more than 2,000 Esso and Mobil stations across Canada through the company’s free Speedpass+ mobile payment app.

Imperial is also donating 60 tonnes of isopropyl alcohol (IPA) to be used in disinfectant products. IPA is an ingredient used in medical, health and pharmaceutical applications, such as hand sanitizer, medical wipes and rubbing alcohol. This donation will assist the production of more than 600,000, 350 ml bottles of hand sanitizer.

“We recognize the need is great and while many of us are isolating in the physical sense, I am proud of how our employees and neighbours have come together to donate critical supplies and funding where it is needed the most,” says Imperial CEO Brad Corson.

In addition to helping to meet Canada’s demand for IPA, Imperial has also supported the country’s pandemic response efforts by donating hundreds of laptops to students and matching employee cash donations 2:1.

Imperial reports that their laptop initiative will support on-line learning with a donation of 500 laptops to help meet the demand for technology devices while classrooms remain closed. The program has Imperial working with the Electronic

Recycling Association’s Lending Laptops Program in support of the Calgary Board of Education’s EducationMatters campaign.

With community charities in greater need than ever, Imperial has teamed with its employees to help. Imperial increased its match dollars to $2 for every $1 given by an employee. This is for donations to community charities and not-for-profit organizations.   

“We owe so much gratitude to those on the front lines who are working long hours helping those in need,” says Imperial’s CEO. According to Corson, the company will continue to look for ways to support Canadians as we all manage through this challenging period.


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Suncor Energy announces Lorraine Mitchelmore to join board of directors

director-lorrainemitchelmoreLorraine Mitchelmore is the newest members of Suncor’s board of directors. She stepped into the role Nov. 6,

“I’m delighted that Lorraine is joining Suncor’s board of directors,” Suncor board chair Michael Wilson said in a statement.  “Lorraine brings over 30 years of international oil and gas industry experience. She has deep expertise in risk management, business strategy, operations and employee health and safety. On behalf of the board, we look forward to working with her.”

Mitchelmore most recently served as the president and CEO for Field Upgrading, a private equity backed fuel upgrading technology company located in Calgary. Prior to Field Upgrading, she was the president and country chair of Shell Canada Ltd., as well as executive vice-president, Heavy Oil for Shell Americas.  Prior to joining Shell, she worked with Petro-Canada, Chevron and BHP Petroleum in the upstream business units in a combination of technical, exploration & development, and commercial roles.

She has been a director of the Bank of Montreal since 2015 and has served on the boards of Shell Canada, the Canada Advisory Board at Catalyst, Inc. and Trans Mountain Corporation.

Mitchelmore holds a BSc in Geophysics from Memorial University of Newfoundland, an MSc in Geophysics from the University of Melbourne, Australia and an MBA from Kingston Business School in London, England.

Suncor’s operations include oil sands development and upgrading, offshore oil and gas production, petroleum refining, and product marketing under the Petro-Canada brand.


Pieridae Energy buying Shell Alberta natural gas assets to feed LNG plant

A company planning to build an LNG export facility in Nova Scotia says it is buying southern Alberta natural gas assets from the Canadian arm of British-Dutch giant Royal Dutch Shell.

Pieridae Energy Ltd. says it has agreed to pay $190 million, with $175 million in cash and the rest in common shares.

CEO Alfred Sorensen says the purchase is in line with Pieridae’s commitment to obtain natural gas supplies needed for the first train of its Goldboro LNG project.

Its proposed $10-billion LNG project is to produce about 10 million tonnes of super-cooled liquefied natural gas per year to ship mainly to European customers.

It says the Shell assets produce about 120 million cubic feet per day of natural gas, 5,600 barrels per day of natural gas liquids and 3,200 bpd of condensate and light oil.

The deal also includes three sour gas processing plants, a 14% interest in a sulphur plant and about 1,700 kilometres of pipelines.