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Jul 20, 2018 · Oil prices are growing, the loonie is low — for Alberta, that could mean $3 billion: BMO. Oil prices are giving the industry something it hasn't seen too much of in recent years — good...
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; Note: The daily Brent spot prices are the daily Brent closing spot prices from the U.S. Energy Information Administration
Feb 21, 2023 · As the COVID-19 pandemic sent oil prices plummeting to historic lows, emails obtained by The Canadian Press show Newfoundland and Labrador was quietly bracing for two of its offshore...
Dec 12, 2023 · The PUB lowered the price of furnace oil across the province by 7.94 cents per litre and lowered the price of stove oil in Newfoundland only by 6.73 cents per litre.
Sep 1, 2022 · Producing offshore projects average a break-even price of $18.10 per barrel of oil equivalent, compared with $28.20 per barrel for onshore, according to Rystad.
Jan 4, 2024 · The change drops prices to between $1.93 and $2.05 per litre in Newfoundland and $2 and $2.55 per litre in Labrador. The price of furnace oil dropped by 4.36 cents per litre.
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Jul 9, 2021 · The company announced a $6.8 billion plan in 2018 to develop Bay du Nord but deferred the project last year thanks to COVID and the crash in oil prices. Barnes said he expects the company could make an announcement on Bay du Nord by early 2022. Eyes are also on Argentia and what might happen with the construction of the platform for West White ...
