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#Oil

EU agrees oil embargo against Iran over nuclear programme
# Sanctions
From TheJournal.ie
# Sanctions

EU agrees oil embargo against Iran over nuclear programme

Jan 23rd 2012, 11:03 AM 990 Views 17 Comments

British Foreign Secretary William Hague said it was part of an “unprecedented set of sanctions” against Iran.

Council hopes to restore water supply after shut off in Limerick
# Limerick
From TheJournal.ie
# Limerick

Council hopes to restore water supply after shut off in Limerick

Jan 20th 2012, 7:48 AM 1,147 Views 4 Comments

Some 1,500 households in Askeaton, Foynes, Shanagolden, Creeves and surrounding areas have had their water supply shut off overnight.

Chinese premier stresses need to keep Hormuz open
# Energy
From TheJournal.ie
# Energy

Chinese premier stresses need to keep Hormuz open

Jan 18th 2012, 8:54 PM 2,529 Views 5 Comments

Major customer of Iranian oil and gas China stressed the importance of keeping the Strait of Hormuz open – amid threats by Iran to shut the strategic waterway.

UK: Europe will adopt sanctions on Iranian oil
# Iran
From TheJournal.ie
# Iran

UK: Europe will adopt sanctions on Iranian oil

Jan 15th 2012, 5:33 PM 1,688 Views 16 Comments

The British Foreign Secretary says he believes the EU will agree on tough new sanctions against Tehran’s oil sector later this month.

EU gears up for Iranian oil ban over nuclear dispute
# Oil
From TheJournal.ie
# Oil

EU gears up for Iranian oil ban over nuclear dispute

Jan 5th 2012, 9:17 AM 1,224 Views 12 Comments

The move will build pressure on Iran, which is already facing a currency crisis and a tense naval standoff with the US.

Iran tests surface-to-air missile
# Iran
From TheJournal.ie
# Iran

Iran tests surface-to-air missile

Jan 1st 2012, 5:28 PM 2,882 Views 14 Comments

The country says it performed the test today – amid reports it is a drill for closing waterway should the West block Iran’s oil sales.

Drilling thrives 18 months after BP oil spill
# Oil
From TheJournal.ie
# Oil

Drilling thrives 18 months after BP oil spill

Dec 31st 2011, 7:00 PM 3,124 Views 8 Comments

The first new drilling began in the region in March of this year – and is thriving even after the disastrous BP oil spill.

Brazil sues oil giant $10.6bn for spill
# Brazil
From TheJournal.ie
# Brazil

Brazil sues oil giant $10.6bn for spill

Dec 15th 2011, 10:29 AM 1,130 Views 1 Comment

Chevron is being sued for $10.6 billion over the spillage of almost 3,000 barrels of crude oil of the coast of Rio de Janeiro.

Explosion strikes major Syrian oil line: report
# Syria
From TheJournal.ie
# Syria

Explosion strikes major Syrian oil line: report

Dec 8th 2011, 12:26 PM 598 Views 1 Comment

The domestic supply pipeline carries around 140,000 barrels of oil a day.

US Senate unanimously backs sanctions on Iran
# Iran
From TheJournal.ie
# Iran

US Senate unanimously backs sanctions on Iran

Dec 2nd 2011, 8:23 AM 773 Views 6 Comments

The US Senate agreed to impose new sanctions on Iran by penalising foreign institutions doing business with the Iranian Central Bank.

EU agrees new Iran sanctions - but no oil embargo
# Iran
From TheJournal.ie
# Iran

EU agrees new Iran sanctions - but no oil embargo

Dec 1st 2011, 2:12 PM 1,151 Views 9 Comments

Today’s sanctions follow increasing tensions between EU members and Iran after Britain’s embassy in Tehran was attacked on Tuesday.

BP sees huge Q3 profits, announces 'turning point'
# BP
From TheJournal.ie
# BP

BP sees huge Q3 profits, announces 'turning point'

Oct 25th 2011, 3:05 PM 70 Views 0 Comments

The oil giant’s chief executive has said Q3 results mark a turnaround from the disastrous Gulf of Mexico oil spill.

Column: For now, Ireland’s oil reserves are best off in private hands
# Opinion
From TheJournal.ie
# Opinion

Column: For now, Ireland’s oil reserves are best off in private hands

Oct 18th 2011, 7:30 AM 249 Views 49 Comments

Yes, our oil resources are rich – but the cost of exploiting them means we’re better off leaving it to commercial firms, writes Simon Tuohy.

13 licences granted for fuel exploration off Irish coast
# Energy
From TheJournal.ie
# Energy

13 licences granted for fuel exploration off Irish coast

Oct 17th 2011, 12:57 PM 1,106 Views 33 Comments

Some 13 new licences for oil and gas exploration off the Irish coast have been granted, the Minister for Energy has confirmed.

$4 billion paid to BP over Gulf of Mexico oil spill
# Oil Spill
From TheJournal.ie
# Oil Spill

$4 billion paid to BP over Gulf of Mexico oil spill

Oct 17th 2011, 11:49 AM 458 Views 2 Comments

Anadarko Petroleum Co has agreed to pay $4 billion to BP PLC as part of a settlement related to last year’s Gulf of Mexico oil spill.

Arab League to discuss suspending Syria
# Syria
From TheJournal.ie
# Syria

Arab League to discuss suspending Syria

Oct 16th 2011, 4:40 PM 124 Views 2 Comments

Officials have called an emergency meeting to discuss putting more pressure on Syria’s government to end its bloody crackdown on anti-regime protesters.

Asian markets fall on Greek debt fears as eurozone inflation hits 3 per cent
# Markets
From TheJournal.ie
# Markets

Asian markets fall on Greek debt fears as eurozone inflation hits 3 per cent

Oct 3rd 2011, 7:47 AM 167 Views 3 Comments

The eurozone inflation jump suggests the ECB may hold off on cutting interest rates this week.

Clontarf Energy secures exploration licences in Peru
# Oil
From TheJournal.ie
# Oil

Clontarf Energy secures exploration licences in Peru

Sep 30th 2011, 4:08 PM 377 Views 2 Comments

Clontarf Energy has confirmed that it won two licences for hydrocarbon exploration onshore Peru.

Libyan oil wells back in production for first time since outbreak of war
# Oil
From TheJournal.ie
# Oil

Libyan oil wells back in production for first time since outbreak of war

Sep 26th 2011, 2:28 PM 164 Views 5 Comments

However the flow of gas supplies may not resume for another month.

Cameron and Sarkozy visit Libya
# Libya
From TheJournal.ie
# Libya

Cameron and Sarkozy visit Libya

Sep 15th 2011, 8:36 AM 150 Views 7 Comments

The leaders of France and Britain are travelling to Libya today to welcome country’s new rulers – however fighting is still continuing between NTC forces and Gaddafi loyalists.

EU bans Syrian oil as Assad's crackdown continues
# Syria
From TheJournal.ie
# Syria

EU bans Syrian oil as Assad's crackdown continues

Sep 2nd 2011, 4:21 PM 137 Views 0 Comments

However, existing contracts can continue to be filled until mid-November.

Oil prices step back up after dipping on Libyan rebel advances
# Oil Prices
From TheJournal.ie
# Oil Prices

Oil prices step back up after dipping on Libyan rebel advances

Aug 23rd 2011, 12:31 PM 154 Views 2 Comments

As the rebel push for Tripoli stalls and Gaddafi remains elusive, analysts fear it will take longer to get Libyan oil production back on track.

Apple (briefly) becomes the world's most valuable company
# Big Apple
From TheJournal.ie
# Big Apple

Apple (briefly) becomes the world's most valuable company

Aug 10th 2011, 11:43 AM 1,088 Views 9 Comments

Apple is now worth 39 times as much as it was ten years ago – and yesterday overtook ExxonMobil as the biggest cheese.

All eyes on the Fed as choppy markets make small gains
# Markets
From TheJournal.ie
# Markets

All eyes on the Fed as choppy markets make small gains

Aug 9th 2011, 6:29 PM 177 Views 0 Comments

Markets in New York are recording tentative gains as the Federal Reserve meets to discuss potential action.

Is this the bottom? Europe reverses early losses as markets turn green
# The End Is Nigh
From TheJournal.ie
# The End Is Nigh

Is this the bottom? Europe reverses early losses as markets turn green

Aug 9th 2011, 12:57 PM 443 Views 0 Comments

European stock markets opened with more losses, but are moving upward again as traders expect a strong US opening.

Market turmoil should make heating oil cheaper for Christmas
# Silver Lining
From TheJournal.ie
# Silver Lining

Market turmoil should make heating oil cheaper for Christmas

Aug 9th 2011, 11:06 AM 858 Views 5 Comments

Investors are so panicked that the price of oil – which usually does well in choppy markets – is falling dramatically.

Ryanair's profits hold steady as revenue takes off
# Ryanair
From TheJournal.ie
# Ryanair

Ryanair's profits hold steady as revenue takes off

Jul 25th 2011, 10:08 AM 262 Views 7 Comments

The airline’s after-tax profit is up by around 1 per cent, but its revenue is up 29 per cent as fares also go upward.

Greenpeace prevented from posting protest pictures on Twitter and Facebook
# Denied
From TheJournal.ie
# Denied

Greenpeace prevented from posting protest pictures on Twitter and Facebook

Jul 20th 2011, 3:17 PM 626 Views 2 Comments

Activists occupied the headquarters of an energy company in Edinburgh on Monday.

Bord Gáis to announce large hikes in electricity and gas prices
# Bord Gais
From TheJournal.ie
# Bord Gais

Bord Gáis to announce large hikes in electricity and gas prices

Jul 11th 2011, 8:29 AM 1,052 Views 32 Comments

The increases will push average household bills up by more than €300 a year, according to reports.

Hugo Chavez returns to Venezuela after Cuban cancer treatment
# Venezuala
From TheJournal.ie
# Venezuala

Hugo Chavez returns to Venezuela after Cuban cancer treatment

Jul 4th 2011, 4:17 PM 215 Views 2 Comments

The Venezuelan president arrives home after four weeks in Cuba, where he underwent emergency surgery.

Crude oil spills into Yellowstone River after pipe rupture
# Oil Spill
From TheJournal.ie
# Oil Spill

Crude oil spills into Yellowstone River after pipe rupture

Jul 3rd 2011, 2:50 PM 805 Views 2 Comments

Hundreds of barrels worth of oil flood 25 miles downstream in Montana river as ExxonMobile pipeline springs leak beneath riverbed.

A 'case study in mismanagement' - Irish oil company's view of Shell at Corrib
# Corrib
From TheJournal.ie
# Corrib

A 'case study in mismanagement' - Irish oil company's view of Shell at Corrib

Jun 27th 2011, 3:38 PM 4,620 Views 43 Comments

Petrel Resources wants to drill for oil off the south west coast of Ireland. The company’s MD says resistance from local people and “crackpots” is something that “has to be managed”.

Every little helps: Tesco cuts 1.5 cent off litre of petrol
# Petrol Prices
From TheJournal.ie
# Petrol Prices

Every little helps: Tesco cuts 1.5 cent off litre of petrol

Jun 25th 2011, 10:26 AM 3,959 Views 19 Comments

The cut was in response to a fall in global oil prices.

Question marks over health of Venezuela's president Hugo Chavez
# Remote Control?
From TheJournal.ie
# Remote Control?

Question marks over health of Venezuela's president Hugo Chavez

Jun 22nd 2011, 3:42 PM 209 Views 0 Comments

Just who is pulling the strings in South America’s largest oil producer, while Hugo Chavez recovers from surgery in Cuba?

On yer bike: What's the deal with naked cycling?
# Naked Cycling
# Naked Cycling

On yer bike: What's the deal with naked cycling?

Jun 21st 2011, 11:07 AM 2,014 Views 5 Comments

“It’s a floppy, lumpy hilarious event,” according to one participant.

The Daily Fix: Tuesday
# The Daily Fix
From TheJournal.ie
# The Daily Fix

The Daily Fix: Tuesday

Jun 14th 2011, 7:59 PM 2,111 Views 0 Comments

All the day’s news, and the bits and pieces you may have missed…