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Irving Oil considers sale of company as part of strategic review

  • Irving Oil is undergoing a strategic review, considering options such as a new ownership structure, a full or partial sale, or a change in its asset portfolio and operations.
  • The review will take place over the coming month, with no decision yet made on where it may lead.
  • The company operates Canada's largest refinery, over 900 gas stations, and distribution terminals spanning Eastern Canada and New England, as well as Ireland's only refinery and European operations.
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Winnipeg Free Press broke the news in Winnipeg, Canada on Wednesday, June 7, 2023.
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