Imperial Sees Policy-Revamp Window in Alberta Royalty Review
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The Alberta government’s plans to review royalty payments from energy producers is also an opportunity to consider other aspects of regulation and policy, Imperial Oil Ltd. Chief Executive Officer Rich Kruger said.
“It’s a good time to look at all the pieces,” Kruger said during a PricewaterhouseCoopers LLP conference in Calgary on Thursday. Imperial, owned by Exxon Mobil Corp., looks at the overall mix of taxes, regulation and royalties when it reviews investments, he said, adding there are “probably some efficiencies” that could be made to regulations.