Search results
Oil Production Up 1.0% in April 2024. According to the Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB), approximately 6.6 million barrels of oil were extracted from offshore Newfoundland and Labrador in April 2024, representing an increase of 1.0% compared to April 2023.
RPP prices have been regulated by the Newfoundland and Labrador Board of Commissioners of Public Utilities since 2004. The Board sets maximum retail prices for heating oil, gasoline, and diesel using spot market pricing and adding wholesale and retail margins, transportation costs, and taxes. Prices are revised every week or as required to ...
Excluding Applicable Taxes. Propane. Base Zone. 101.9. Excluding Applicable Taxes. Current Maximum Pricing: Motor Fuel - Heating Fuel. Maximum Pricing All Zones. 2022-23 Petroleum Products Pricing Review. How Maximum.
The changes to maximum fuel prices, except for Labrador Zone 12, are as follows: all types of gasoline motor fuel will increase by up to 1.2 cents per litre (cpl); diesel motor fuel will increase by up to 2.8 cpl; furnace oil heating fuel will increase by 2.38 cpl;
Jul 9, 2021 · The trips have not been as frequent since 2020, the result of historically low oil prices due to the pandemic and resulting economic downturn. Last year oil prices dropped to below $20 a barrel. In Newfoundland and Labrador, the West White Rose extension project stalled, shutting down construction on a gravity-based platform at Argentia.
Budget assumptions versus daily Brent spot prices and year-to-date (YTD) averages. Fiscal Year. Note: The daily Brent spot prices are the daily Brent closing spot prices from the U.S. Energy Information Administration.
Mar 25, 2022 · The northeast Avalon is set at $1.65 per litre, central Newfoundland is $1.69, Corner Brook area is $1.66, Stephenville is $1.69 and the Northern Peninsula is $1.67. Stove heating oil increased...
