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Covid-19 impact sees IPC dive into the red

Finance
Canadian producer: IPC fell to a loss in 2020 as low prices and lower output took their toll on the company s results Photo: AFP/SCANPIX
Covid-19 impact sees IPC dive into the red
Low prices and reduced output hits Canadian player s bottom line
9 February 2021 7:29 GMT
Updated
9 February 2021 7:29 GMT
in
Perth
Canada’s International Petroleum Corporation (IPC) slumped to a heavy loss in 2020 as the impact of the Covid-19 pandemic and a fall in oil demand hit revenues. IPC posted a loss of ....

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