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  1. www.gov.nl.ca › fin › brent-crude-trackingOil Prices – Budget Assumptions vs. Daily Brent Spot Prices

    Budget assumptions versus daily Brent spot prices and year-to-date (YTD) averages Fiscal Year 2022-23 2021-22 2020-21 2019-20 2018-19 2017-18 2016-17...

  2. www.gov.nl.ca › fin › filesFISCAL UPDATE 2020-21 - Government of Newfoundland and Labrador

    Budget 2019 For 2020-21. $68.00 $88.08 0.772. Fiscal Update July 2020. $34.00 $47.29 0.719. Plus or minus $1US in oil price would result in an increase or decrease of approximately $18.5 million in oil royalties. Plus or minus 1 cent in CAD to US exchange rate would result in a decrease or increase of approximately $8.5 million in royalties.

  3. www.cer-rec.gc.ca › en › data-analysisMarket Snapshot: Offshore Newfoundland and Labrador heavy oil ...

    Mar 11, 2020 · Footnote 1 Increasing production from Hebron has helped offset falling production from other offshore projects (Hibernia, Terra-Nova, and White Rose and North Amethyst), helping total Newfoundland and Labrador production reach 340 824 b/d in November 2019, a level not seen since 2009. Heavy oil production from this project accounted for 43% of ...

  4. www.scotiabank.com › ca › enNewfoundland and Labrador: 2020–21 Fiscal Update | Post

    Jul 27, 2020 · COVID-19 is expected to drive Newfoundland and Labrador’s fiscal year 2020–21 (FY21) deficit to a near-record $2.1 bn (and a record 7.3% of nominal GDP) (chart 1) according to a fiscal update released Friday. The government foresees a net debt burden equal to 57% of provincial output in FY21, and projects borrowing requirements $2 bn higher ...

  5. www.gov.nl.ca › fin › filesFiscal and Economic Update - Government of Newfoundland and ...

    months of 2019 (see chart). Lower prices for fuel oil (down 3.8%) and gasoline (down 6.1%) moderated the overall increase in the CPI. Both fuel oil and gasoline have been impacted by a decline in crude oil prices. Electricity prices were 4.2% higher on average in the January to September period as the Newfoundland and

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  6. www150.statcan.gc.ca › n1 › daily-quotidienThe Daily — Energy statistics, December 2020

    Mar 9, 2021 · The monthly average crude oil and crude bitumen price index was one-third (-3 3.7%) lower in 2020 compared with 2019. Following a 3.5% increase in 2019, Canada's exports of crude oil and equivalent products fell 3.6% in 2020 to 211.4 million cubic metres, because of reduced demand caused by the pandemic.

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  8. www.assembly.nl.ca › Oilco2020AnnualReportOil and Gas Corporation of Newfoundland and Labrador

    Leading Oil and Gas Supply and Service Companies Who We Are Headquartered in St. John’s, OilCo had 29 employees in 2020, with all staff located in St. John’s. In 2020, the gender composition of our employee group was 52 per cent female and 48 per cent male. Our Team In 2020, our team of 29 consisted of Geoscientists, Engineers, Technologists,