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Refining – cost advantaged<br />

Relentless focus on operations<br />

120<br />

Energy intensity index<br />

110<br />

100<br />

90<br />

80<br />

Canada ex. IOL<br />

IOL<br />

120<br />

110<br />

Unit cash operating cost*<br />

Canada ex. IOL<br />

IOL<br />

2002 2004 2006 2008 2009 2010<br />

Personnel index<br />

100<br />

160<br />

140<br />

120<br />

Canada ex. IOL<br />

IOL<br />

90<br />

80<br />

2002 2004 2006 2008 2009 2010<br />

100<br />

80<br />

2002 2004 2006 2008 2009 2010<br />

• constant energy price and forex<br />

source: 2002-2008 Solomon, 2009, 2010 company data

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