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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.
- Oil Production
The corresponding value of production increased by 9.6% (see...
- Oil Production
Current Maximum Petroleum Products Pricing for Base Zone: June 27, 2024. Media Release. Reg Self-Serve. Base Zone. 180.1. Diesel. Base Zone. 182.5.
The corresponding value of production increased by 9.6% (see chart below). Production declined at the Hibernia and Hebron projects, compared to the same month last year, but this was offset by gains at Terra Nova.
Effective 12:01 a.m. Thursday, June 16, 2022, the Public Utilities Board set maximum prices for all regulated petroleum products in all areas of the province, except gasoline and diesel motor fuels and stove oil heating fuel in Zones 10, 11, 11a, 11b, and 14. propane heating fuel will decrease by 0.5 cpl.
Mar 25, 2022 · Home heating oil is up another 11.51 cents per litre, about 25 cents on the week. The northeast Avalon is set at $1.65 per litre, central Newfoundland is $1.69, Corner Brook area is $1.66 ...
Oct 19, 2022 · On the back of higher than expected revenue from oil — and taxes — Newfoundland and Labrador is projecting a 2022 budget surplus of nearly half a billion dollars.
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Jun 8, 2022 · Changes to the Petroleum Products Act brought forward in the House of Assembly on May 14, 2022, to improve transparency within the fuel pricing process regulated by the Public Utilities Board (PUB) have received Royal Assent. The Act can be found on the House of Assembly website.
