Oil
# oil - Today’s News
# oil - Friday 2 December, 2011
US Senate unanimously backs sanctions on Iran
The US Senate agreed to impose new sanctions on Iran by penalising foreign institutions doing business with the Iranian Central Bank.
# oil - Thursday 1 December, 2011
# oil - Tuesday 25 October, 2011
BP sees huge Q3 profits, announces ‘turning point’
The oil giant’s chief executive has said Q3 results mark a turnaround from the disastrous Gulf of Mexico oil spill.
# oil - Tuesday 18 October, 2011
Column: For now, Ireland’s oil reserves are best off in private hands
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.
# oil - Monday 17 October, 2011
Take 5: Monday
5 minutes, 5 stories, 5 o’clock.
13 licences granted for fuel exploration off Irish coast
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
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.
# oil - Sunday 16 October, 2011
Arab League to discuss suspending Syria
Officials have called an emergency meeting to discuss putting more pressure on Syria’s government to end its bloody crackdown on anti-regime protesters.
# oil - Monday 3 October, 2011
Asian markets fall on Greek debt fears as eurozone inflation hits 3 per cent
The eurozone inflation jump suggests the ECB may hold off on cutting interest rates this week.
# oil - Friday 30 September, 2011
Clontarf Energy secures exploration licences in Peru
Clontarf Energy has confirmed that it won two licences for hydrocarbon exploration onshore Peru.
# oil - Monday 26 September, 2011
Libyan oil wells back in production for first time since outbreak of war
However the flow of gas supplies may not resume for another month.
# oil - Thursday 15 September, 2011
Cameron and Sarkozy visit Libya
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.
# oil - Friday 2 September, 2011
EU bans Syrian oil as Assad’s crackdown continues
However, existing contracts can continue to be filled until mid-November.
# oil - Tuesday 23 August, 2011
Oil prices step back up after dipping on Libyan rebel advances
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.
# oil - Wednesday 10 August, 2011
Apple (briefly) becomes the world’s most valuable company
Apple is now worth 39 times as much as it was ten years ago – and yesterday overtook ExxonMobil as the biggest cheese.
# oil - Tuesday 9 August, 2011
All eyes on the Fed as choppy markets make small gains
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
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
Investors are so panicked that the price of oil – which usually does well in choppy markets – is falling dramatically.
The 9 at 9: Tuesday
Nine things to know this morning…
# oil - Monday 25 July, 2011
Ryanair’s profits hold steady as revenue takes off
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.
# oil - Wednesday 20 July, 2011
Greenpeace prevented from posting protest pictures on Twitter and Facebook
Activists occupied the headquarters of an energy company in Edinburgh on Monday.
# oil - Monday 11 July, 2011
Bord Gáis to announce large hikes in electricity and gas prices
The increases will push average household bills up by more than €300 a year, according to reports.
# oil - Monday 4 July, 2011
Hugo Chavez returns to Venezuela after Cuban cancer treatment
The Venezuelan president arrives home after four weeks in Cuba, where he underwent emergency surgery.
# oil - Sunday 3 July, 2011
Crude oil spills into Yellowstone River after pipe rupture
Hundreds of barrels worth of oil flood 25 miles downstream in Montana river as ExxonMobile pipeline springs leak beneath riverbed.
# oil - Monday 27 June, 2011
Take 5: Monday
5 minutes, 5 stories, 5 o’clock
A ‘case study in mismanagement’ – Irish oil company’s view of Shell at Corrib
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”.
# oil - Saturday 25 June, 2011
Every little helps: Tesco cuts 1.5 cent off litre of petrol
The cut was in response to a fall in global oil prices.
# oil - Wednesday 22 June, 2011
Question marks over health of Venezuela’s president Hugo Chavez
Just who is pulling the strings in South America’s largest oil producer, while Hugo Chavez recovers from surgery in Cuba?
# oil - Tuesday 21 June, 2011
On yer bike: What’s the deal with naked cycling?
“It’s a floppy, lumpy hilarious event,” according to one participant.
# oil - Tuesday 14 June, 2011
The Daily Fix: Tuesday
All the day’s news, and the bits and pieces you may have missed…
# oil - Saturday 21 May, 2011
NATO oil tanker explosion kills 15 in northwestern Pakistan
After catching fire, the tanker blaze eased and locals tried to take the tanker’s fuel only for a blast to go off and kill 15 people, wounding at least one.
# oil - Monday 9 May, 2011
The Daily Fix: Monday
Our collection of the day’s news, developments and random tidbits.
# oil - Wednesday 27 April, 2011
Financial supports for wind, wave and tidal energy creation “not appropriate”
ESRI Review of Irish Energy Policy also makes case for bringing Corrib gas field to production “rapidly” – and says nuclear power will not work for Ireland.
# oil - Sunday 24 April, 2011
Happy birthday, Enda and Eamon… we got you a little something
Taoiseach Enda Kenny and Tánaiste Eamon Gilmore share a birthday – and our readers have been suggesting some gifts…
# oil - Saturday 23 April, 2011
The 9 at 9: Saturday
Nine things you need to know at 9am: Men in court over republicanism and Dublin assaults, Brian Lenihan says we were forced into the bailout, and Lindsay Lohan’s about to lay low…
# oil - Thursday 14 April, 2011
BP faces protests at shareholder meeting
BP will face protests at a shareholder meeting in London today, as fishermen complain of poor compensation for the oil spill and investors condemn excessive executive pay packets.
# oil - Wednesday 13 April, 2011
Oil prices jump back up after Kuwait halts exports
Sandstorms in Kuwait have forced the temporary suspension of oil exports – forcing the price of oil back up after yesterday’s drop.
# oil - Tuesday 12 April, 2011
Oil prices down 3 per cent despite lower Libyan production
Price of oil had risen 33 per cent since the middle of February over fears of reduced supplies during protests in oil-producing states.
# oil - Wednesday 30 March, 2011
Gaddafi forces continue to push rebels eastwards
International leaders’ conference yesterday agreed it was time for Gaddafi to resign – but not on how to push him out.
Qatar offers to sell Libyan rebels’ oil
Libyan rebels have gained a valuable ally in Qatar, the first Arab nation to recognise the opposition council.























































