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Dublin: 8 °C Thursday 12 December, 2019

#Oil

From TheJournal.ie Money from drivers paying 2c levy on petrol will soon be used for government climate action plans OIL PRICE

Money from drivers paying 2c levy on petrol will soon be used for government climate action plans

The levy has been paid on petrol, oil and diesel since 1996.

From TheJournal.ie 'They're taking 2c off us that they don't need': Drivers paying levy on petrol that is no longer needed, committee hears Petrol

'They're taking 2c off us that they don't need': Drivers paying levy on petrol that is no longer needed, committee hears

The levy has been paid on petrol, oil and diesel since 1996.

From TheJournal.ie Iranian president warns foreign forces to stay out of the Gulf Energy Security

Iranian president warns foreign forces to stay out of the Gulf

It comes as the United States sends more troops to the region in a defensive capacity.

From TheJournal.ie Trump announces Iran sanctions as US sends more troops to Gulf Saudi Arabia

Trump announces Iran sanctions as US sends more troops to Gulf

The US President said the sanctions were the toughest ever against another country, but indicated he did not plan a military strike.

From TheJournal.ie Trump to be given several military options on Iran amid fears of 'all-out war' Oil

Trump to be given several military options on Iran amid fears of 'all-out war'

The US President will be presented with a list of potential airstrike targets, among other possible responses.

From TheJournal.ie Iran seizes suspected fuel smuggling boat as tensions ratchet higher in the Gulf Strait Of Hormuz

Iran seizes suspected fuel smuggling boat as tensions ratchet higher in the Gulf

A naval patrol of the Islamic Revolutionary Guard Corps intercepted the vessel.

From TheJournal.ie Oil prices soar and Trump says US 'locked and loaded' after attack on Saudi facilities Tensions

Oil prices soar and Trump says US 'locked and loaded' after attack on Saudi facilities

Iran has denied allegations it is behind the attack.

From TheJournal.ie Eamon Ryan says he'll 'eat his hat' if new licences for gas exploration aren't stopped within a year Climate Emergency Bill

Eamon Ryan says he'll 'eat his hat' if new licences for gas exploration aren't stopped within a year

He said new licences would not be countenanced in any future negotiations on a programme for government.

From TheJournal.ie US accuses Iran of being behind attack on two oil tankers in the Gulf Strait Of Hormuz

US accuses Iran of being behind attack on two oil tankers in the Gulf

The suspected attacks come amid spiralling tensions between Tehran and Washington.

From TheJournal.ie Saudi oil tankers among ships targeted by 'sabotage attacks' Tension

Saudi oil tankers among ships targeted by 'sabotage attacks'

The ships suffered “significant damage” but none of the crew members were harmed.

From TheJournal.ie Opinion: Ireland is wrong about Venezuela - US regime change never brings improvement Opinion

Opinion: Ireland is wrong about Venezuela - US regime change never brings improvement

‘An impressive spin campaign has been waged to create an illusion that all ‘civilised nations’ support regime change in Venezuela – similar to the ‘grand alliance’ which invaded Iraq’, writes Eilis Ryan.

From TheJournal.ie This Young Scientist project is turning algae into pints of the black stuff (crude oil, that is) Not Stout

This Young Scientist project is turning algae into pints of the black stuff (crude oil, that is)

Greg Tarr has developed a more efficient method of making biofuel.

From TheJournal.ie 'Thank you President T': Trump congratulates himself for falling oil prices Pat On The Back

'Thank you President T': Trump congratulates himself for falling oil prices

In a separate tweet, he called on Mexico to stop caravans of Central American migrants from trying to reach the US border.

From TheJournal.ie 'We’re not gonna give up hundreds of billions of dollars' - Trump cites oil prices and sticks by Saudi Arabia All About The Money This post contains videos

'We’re not gonna give up hundreds of billions of dollars' - Trump cites oil prices and sticks by Saudi Arabia

The US President acknowledged that Mohammed bin Salman may have known about the murder of Jamal Khashoggi.

From TheJournal.ie Explosion and fire rip through Canada's largest oil refinery Irving Oil

Explosion and fire rip through Canada's largest oil refinery

Four people received hospital treatment for minor injuries.

From TheJournal.ie South Korea seizes ship that was allegedly selling oil in secret to North Korea Red Handed

South Korea seizes ship that was allegedly selling oil in secret to North Korea

It follows US President Donald Trump’s tweets about the alleged transfer of oil.

From TheJournal.ie North Korea says new UN sanctions are an 'act of war' Tension

North Korea says new UN sanctions are an 'act of war'

The UN Security Council unanimously passed new, US-drafted sanctions that will restrict oil supplies.

From TheJournal.ie Explainer: Why Iraq taking back land from the Kurds is a major headache for the US All About The Oil

Explainer: Why Iraq taking back land from the Kurds is a major headache for the US

The two US allies are at loggerheads over disputed territory in oil-rich Kirkuk.

From TheJournal.ie Take extreme care: Truck spewing oil causes rush hour traffic chaos in Limerick Oil Spill

Take extreme care: Truck spewing oil causes rush hour traffic chaos in Limerick

The spillage caused a number of minor collisions and the closure of a main road.

From TheJournal.ie Petrol and diesel prices have fallen for four months in a row and are set to drop further Now We're Sucking Diesel
From TheJournal.ie Petrol prices drop for first time in six months Pump It Up

Petrol prices drop for first time in six months

On average, a litre of petrol now costs 136.6c, while a litre of diesel costs 126.0c.

From TheJournal.ie 'We're not here for your oil': US Defense Secretary tells Iraq Black Gold

'We're not here for your oil': US Defense Secretary tells Iraq

Trump has repeatedly said the US should have grabbed Iraqi oil to help fund its war effort.

From TheJournal.ie Cruise company fined €37 million for deliberately dumping into the seas Cover Up

Cruise company fined €37 million for deliberately dumping into the seas

The Caribbean Princess began making illegal discharges in 2005, a year after the ship entered service.

From TheJournal.ie Dublin firm hopes to strike it rich with rare multimillion oil project off Irish coast Deepwater Rig

Dublin firm hopes to strike it rich with rare multimillion oil project off Irish coast

Providence Resources has struck a deal to drill an offshore well to the island’s south-west.

From TheJournal.ie After switching to a two-day work week, Venezuela moves clocks forward to save power Desperate Times

After switching to a two-day work week, Venezuela moves clocks forward to save power

The country’s economy has been crippled by falling oil prices.

From TheJournal.ie Three workers injured in explosion at oil facility in Mexico Coatzacoalcos

Three workers injured in explosion at oil facility in Mexico

The evacuation of hundreds of people has taken place.

From TheJournal.ie There's a 60km oil spill in Limerick Abbeyfeale

There's a 60km oil spill in Limerick

Drivers have been asked to exercise caution in the area.

From TheJournal.ie Here are 17 incredible facts about oil-rich Saudi Arabia Churchill's Sneeze

Here are 17 incredible facts about oil-rich Saudi Arabia

Apparently women drivers could “undermine social values”.

From TheJournal.ie Why you can expect filling up the car to be cheap for a while yet Pumped

Why you can expect filling up the car to be cheap for a while yet

Thank you international oil cartel.

From TheJournal.ie Russia has accused Turkey's Prime Minister of buying oil from Isis Dirty Deals

Russia has accused Turkey's Prime Minister of buying oil from Isis

Ties between Turkey and Russia have shattered after Ankara shot down the jet on its border with Syria last Tuesday.

From TheJournal.ie People are joining Isis because they're desperate for money... Starving

People are joining Isis because they're desperate for money...

Many Syrians who join the so-called Islamic State do so because they are starving according to one defector.

From TheJournal.ie Russia's making a new grab for a vast swathe of energy-rich Arctic Oil And Gas

Russia's making a new grab for a vast swathe of energy-rich Arctic

The claim would potentially give Russia access to an estimated 4.9 BILLION tonnes of hydrocarbons.

From TheJournal.ie An Irish oil company has agreed to a €220 million tax bill to Uganda Uganda Pay Up

An Irish oil company has agreed to a €220 million tax bill to Uganda

Uganda represents a huge emerging market for oil exploration.

From TheJournal.ie Irish-listed oil company to be sold for a whopping €5.1bn Liquid Gold

Irish-listed oil company to be sold for a whopping €5.1bn

Not a bad day’s work.

From TheJournal.ie Here's everything you need to know about business this week The Briefcase

Here's everything you need to know about business this week

Everyone was talking about property prices, Greek debts and Dunnes reprisals.

From TheJournal.ie The UK has struck oil... Black Gold

The UK has struck oil...

Quite literally. There could be 158 million barrels worth of the stuff beneath Gatwick Airport alone.

From TheJournal.ie All of Greece's problems can be traced back to the 1970s Oil
From TheJournal.ie This billion-dollar oil company founded in Carlow just posted its first loss in 15 years Oil Spill

This billion-dollar oil company founded in Carlow just posted its first loss in 15 years

The low oil price is not good news for exploration firms.

From TheJournal.ie Thanks to falling oil prices, this is how much cheaper it is to get from A to B Road Trip

Thanks to falling oil prices, this is how much cheaper it is to get from A to B

You’re saving cash, but not as much as you might have expected.

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