Covid-19 impact sees IPC dive into the red

Low prices and reduced output hits Canadian player's bottom line

Canadian producer: IPC fell to a loss in 2020 as low prices and lower output took their toll on the company's results — Canadian producer: IPC fell to a loss in 2020 as low prices and lower output took their toll on the company's resultsPhoto: AFP/SCANPIX

Josh Lewis

Perth

International Petroleum Corporation Mike Nicholson Canada Americas North America

Published 9 February 2021, 07:29Updated 9 February 2021, 07:29