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Dublin: 0 °C Monday 18 November, 2019

#Oil

# oil - Wednesday 18 January, 2012

Chinese premier stresses need to keep Hormuz open

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.

# oil - Sunday 15 January, 2012

UK: Europe will adopt sanctions on Iranian oil

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

The 9 at 9: Sunday

Nine things to know on this Sunday morning…

# oil - Thursday 5 January, 2012

EU gears up for Iranian oil ban over nuclear dispute Oil

EU gears up for Iranian oil ban over nuclear dispute

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

# oil - Sunday 1 January, 2012

Iran tests surface-to-air missile

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.

# oil - Saturday 31 December, 2011

Drilling thrives 18 months after BP oil spill Oil

Drilling thrives 18 months after BP oil spill

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

# oil - Thursday 15 December, 2011

Brazil sues oil giant $10.6bn for spill

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.

# oil - Thursday 8 December, 2011

Explosion strikes major Syrian oil line: report

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

# 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

EU agrees new Iran sanctions - but no oil embargo

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

# oil - Tuesday 25 October, 2011

BP sees huge Q3 profits, announces 'turning point' BP

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 Oil

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 Oil

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 Oil Spill This post contains images

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

From The Daily Edge On yer bike: What's the deal with naked cycling? Naked Cycling

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.