[Ost-news] Outgoing CEO of Imperial Oil wants to Fast Track MGP, Greenwash Tar Sands

[Oil Sands Truth: Shut down the Tar Sands - social and environmental impacts of tar sands heavy oil projects across North America]

Imperial CEO says oilsands needs to burnish its image

Claudia Cattaneo, Financial Post Published: Wednesday, March 12, 2008

When Tim Hearn started working at Imperial Oil Ltd. 41 years ago, oil was worth US$1.80 a barrel and natural gas 16¢ per thousand cubic feet.

With oil prices nearing US$110 and gas prices US$10,Mr. Hearn, 64, is retiring on March 31 as CEO and chairman of Imperial, leaving behind a company with no debt and pushing forward some of Canada's largest oil and gas projects. Mr. Hearn will be replaced by Bruce March, 51, an Exxon Mobil Corp. refining executive.

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    [1]: http://oilsandstruth.org/outgoing-ceo-imperial-oil-wants-fast-track-mgp-greenwash-tar-sands

URL: http://oilsandstruth.org/outgoing-ceo-imperial-oil-wants-fast-track-mgp-greenwash-tar-sands