Menu
03/08/2016
Irving Oil To Purchase Whitegate Refinery In Cork
Irving Oil has signed an agreement with American energy company Phillips66 to purchase the Whitegate oil refinery in Cork.
The deal has been welcomed by Sinn Féin TD for Cork East, Pat Buckley, who said the facility contributes over €100 million to the local economy.
"This is good news for the people of East Cork and Cork County as a whole," he said. "Job certainty for the 160 employees who are directly employed at the plant is of crucial importance and there are at least another 440 jobs created in the area indirectly.
"This decision will also let Ireland have some control of the pricing of our fuel which is of great importance in such a volatile industry."
Minister for Communications, Climate Action and Environment, Denis Naughten, added: "Security of energy supply is important to ongoing economic growth and development and a pillar of our energy policy.
"I am delighted to hear that the sale process, which started some months ago, has resulted in an agreement between Phillips66 and Irving Oil for the sale of the refinery."
(LM/JP)
The deal has been welcomed by Sinn Féin TD for Cork East, Pat Buckley, who said the facility contributes over €100 million to the local economy.
"This is good news for the people of East Cork and Cork County as a whole," he said. "Job certainty for the 160 employees who are directly employed at the plant is of crucial importance and there are at least another 440 jobs created in the area indirectly.
"This decision will also let Ireland have some control of the pricing of our fuel which is of great importance in such a volatile industry."
Minister for Communications, Climate Action and Environment, Denis Naughten, added: "Security of energy supply is important to ongoing economic growth and development and a pillar of our energy policy.
"I am delighted to hear that the sale process, which started some months ago, has resulted in an agreement between Phillips66 and Irving Oil for the sale of the refinery."
(LM/JP)
Related Irish News Stories
Click here for the latest headlines.
13 September 2013
Call For Job Security For Workers At Suttons Oil
Deputy Michael Colreavy, Sinn Féin spokesperson on Communications, Energy and Natural Resources has called for job security for workers at Suttons Oil. Speaking on the issue Deputy Colreavy said: "Suttons Oil is a state owned oil distribution company, and a subsidiary of Bord na Mona.
Call For Job Security For Workers At Suttons Oil
Deputy Michael Colreavy, Sinn Féin spokesperson on Communications, Energy and Natural Resources has called for job security for workers at Suttons Oil. Speaking on the issue Deputy Colreavy said: "Suttons Oil is a state owned oil distribution company, and a subsidiary of Bord na Mona.
31 July 2007
Local Councils To Protect Shellfish Waters
Local councils in the Irish Republic are being forced by the Government to protect water quality in areas where shellfish are farmed or they could face heavy penalties.
Local Councils To Protect Shellfish Waters
Local councils in the Irish Republic are being forced by the Government to protect water quality in areas where shellfish are farmed or they could face heavy penalties.
06 July 2018
An Garda Síochána Saves Over €9m In Energy Costs
An Garda Síochána has saved more than €9 million in energy costs after becoming the first police force in the world to achieve the globally recognised international energy management standard (ISO 50001).
An Garda Síochána Saves Over €9m In Energy Costs
An Garda Síochána has saved more than €9 million in energy costs after becoming the first police force in the world to achieve the globally recognised international energy management standard (ISO 50001).
13 January 2011
Carnegie To Explore Marine Energy Potential
Australian renewables developer Carnegie Wave Energy has agreed a deal with the Irish Government to explore potential sites for marine energy installations around the country's coastline.
Carnegie To Explore Marine Energy Potential
Australian renewables developer Carnegie Wave Energy has agreed a deal with the Irish Government to explore potential sites for marine energy installations around the country's coastline.
12 September 2017
Yellow Weather Warning Issued In 9 Counties
Met Eireann has issued a Yellow Wind Warning for counties Dublin, Wexford, Wicklow, Galway, Clare, Cork, Kerry, Limerick and Waterford with gale force winds expected with gusts of up to 110 kmph.
Yellow Weather Warning Issued In 9 Counties
Met Eireann has issued a Yellow Wind Warning for counties Dublin, Wexford, Wicklow, Galway, Clare, Cork, Kerry, Limerick and Waterford with gale force winds expected with gusts of up to 110 kmph.
-
Ireland WeatherToday:Cloudy with outbreaks of rain, mostly over Antrim and Down. falling as snow over higher ground, dying out during afternoon. Drier and brighter in west. Maximum temperature 4 °C.Tonight:Clear periods with a few wintry showers, developing more widely later in the night. It will be a cold night with risk of ice. Strengthening northerly winds. Minimum temperature -1 °C.
