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Dublin: 4°C Wednesday 25 November 2020


# oil - Monday 20 April, 2020

The price of oil has plummeted to less than zero dollars a barrel

Storage space for oil is now running out, which precipitated today’s steep dive.

# oil - Wednesday 6 November, 2019

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.

# oil - Friday 11 October, 2019

'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.

# oil - Sunday 22 September, 2019

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.

# oil - Saturday 21 September, 2019

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.

# oil - Friday 20 September, 2019

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.

# oil - Monday 16 September, 2019

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.

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

Iran has denied allegations it is behind the attack.

# oil - Thursday 25 July, 2019

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.

# oil - Thursday 13 June, 2019

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.

# oil - Monday 13 May, 2019

Saudi oil tankers among ships targeted by 'sabotage attacks'

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

# oil - Saturday 9 February, 2019

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.

# oil - Friday 11 January, 2019

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.

# oil - Sunday 25 November, 2018

'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.

# oil - Wednesday 21 November, 2018

'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.

# oil - Monday 8 October, 2018

Explosion and fire rip through Canada's largest oil refinery

Four people received hospital treatment for minor injuries.

# oil - Friday 29 December, 2017

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.

# oil - Sunday 24 December, 2017

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.

# oil - Sunday 22 October, 2017

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.

# oil - Thursday 19 October, 2017

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.

# oil - Sunday 16 July, 2017

# oil - Monday 17 April, 2017

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.

# oil - Monday 20 February, 2017

'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.

# oil - Saturday 3 December, 2016

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.

# oil - Thursday 24 November, 2016

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.

# oil - Sunday 1 May, 2016

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.

# oil - Wednesday 20 April, 2016

Three workers injured in explosion at oil facility in Mexico

The evacuation of hundreds of people has taken place.

# oil - Monday 8 February, 2016

There's a 60km oil spill in Limerick

Drivers have been asked to exercise caution in the area.

# oil - Sunday 3 January, 2016

Here are 17 incredible facts about oil-rich Saudi Arabia

Apparently women drivers could “undermine social values”.

# oil - Tuesday 8 December, 2015

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

Thank you international oil cartel.

# oil - Wednesday 2 December, 2015

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.

# oil - Saturday 21 November, 2015

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.

# oil - Wednesday 5 August, 2015

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.

# oil - Monday 22 June, 2015

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

Uganda represents a huge emerging market for oil exploration.

# oil - Monday 15 June, 2015

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

Not a bad day’s work.

# oil - Sunday 12 April, 2015

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

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

# oil - Thursday 9 April, 2015

From The Daily Edge X Factor's Rylan asked a ridiculously stupid question and Twitter didn't let him off with it Barrel Of Laughs

The UK has struck oil...

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

# oil - Sunday 22 March, 2015

# oil - Wednesday 11 February, 2015

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.

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