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‘Difficult News’ as Imperial Announces Speedier Shutdown of N.W.T. Oilfield

Imperial Oil will cease production at Norman Wells by Q3 2026 due to declining output and financial challenges, recording a $320 million after-tax charge, the company said.

Summary by Global News
Imperial Oil has announced it's ending the production of oil in Norman Wells, a once massive oilfield in the Northwest Territories where it has operated for more than a century.

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Cabin Radio broke the news in on Friday, January 30, 2026.
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