Scandinavian Oil and Gas. The two levels of Canadian government needed to approve an extension of Atlantic Canada’s flagship development Hibernia have said okay to ExxonMobil and the license Management Company’s plans. * Calgary Herald by Dan Healing. Both are crude oil giants in a world in which oil is still the top of the energy heap, but if Imperial Oil and Suncor Energy were to face each other in a heavyweight investor grudge match, the former would win, according to investment bank Peters & Co. In an analysis written by analyst Kam Sandhar, Imperial emerges the victor due to a higher crude oil weighting than Suncor.
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