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(Reuters) – Imperial Oil Ltd, one of Canada’s biggest crude producers and refiners, on Tuesday swung to a quarterly loss, hit by impairment charges of C$1.17 billion ($913.35 million)related to abandoned assets in Alberta. The Calgary, Alberta-based company posted a loss of C$1.15 billion, or C$1.56 per share, for the fourth quarter ended Dec. 31, from a profit of C$3 million, or breakeven per share, in the third quarter. ($1 = 1.2810 Canadian dollars) (Reporting by Rithika Krishna, Editing by Sherry Jacob-Phillips) Originally published Tue., February 2, 2021, 5:05 a.m.
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