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  1. 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.

  2. 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.

  3. 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 ...

  4. 117.08. 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.

  5. 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.

  6. Mar 18, 2021 · Furnace oil is up by 0.67 cents a litre. The following chart shows how gas prices have changed at Newfoundland and Labrador retailers, as reported by users of the GasBuddy.com website.

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  8. 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.