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Gas

Energy

Inishkea gas field off Mayo coast twice as large as previous estimates - Europa Oil & Gas

The London-listed energy company said it intends to seek a licence extension from the Irish government to find a drilling partner for the large gas field
  • Lorcan Allen
  • October 3, 2023
Energy

Ukraine to bolster European energy security as expert touts positive outlook for winter gas supply

It comes as the EU has already filled its gas storage to almost 90 per cent, two months ahead of target
  • Daniel Murray
  • August 21, 2023

Simply Better
Back to School

Delicious recipes by Neven Maguire

Energy

Scrapping of proposed Galway power plant to add to pressure on supply

British company EP Energy says building of gas-fired facility is no longer economically viable due to decisions made by Irish regulators
  • Lorcan Allen
  • August 20, 2023
Energy

ESB ramps up capital expenditure to €600m as renewables pipeline grows

The semi-state energy company’s Green Atlantic project will see the Co Clare plant become the centre point of its renewable strategy on the west coast
  • Lorcan Allen
  • August 13, 2023
Energy

Bord Gáis Energy reports half year losses of €30 million

The privately owned energy company said the losses reflected “continuing pricing pressure” in the Irish retail energy supply market
  • Lorcan Allen
  • July 27, 2023
Explainer

Energy hedging means prices won’t be coming down anytime soon

The same mechanism by which retail energy companies protected us from the worst of last year’s skyrocketing wholesale prices will slow and reduce any downward trend
  • Daniel Murrayand
  • Lorcan Allen
  • June 11, 2023
Europe

Europe’s gas crunch could return as Goldman Sachs predicts winter spike

Mild weather and weak demand for LNG by China saved the continent this winter, but it’s uncertain whether those conditions will last
  • Bloomberg
  • May 2, 2023
Energy

New gas agreement with Britain must be legally robust to deliver in crisis – energy expert

The Irish and British government’s are on the cusp of signing a memorandum of understanding (MoU) on gas security
  • Daniel Murray
  • April 18, 2023
Markets

Lorcan Allen’s Stock Take: Food prices to remain high for some time due to energy costs

Dairygold and Lakeland last week revealed just how severely the surge in the price of thermal energy has affected their businesses
  • Lorcan Allen
  • April 15, 2023
Energy Crisis

Ryan mulls Green policy U-turn on commercial LNG terminal

Government under growing pressure to accept need for commercial liquified natural gas import terminal as concerns grow over security of supply
  • Daniel Murray
  • April 9, 2023
Energy

ESB says it made no money from residential customers as profits surge to €847m

The company said the rise was due to the impact of higher wholesale prices on other parts of it business
  • Ellie Donnelly
  • March 22, 2023
Energy

Ireland among highest gas consumers in EU last winter

Failure to reduce usage blamed on very high gas demand for electricity production due to low wind power generation
  • Daniel Murray
  • March 5, 2023
Companies

Bord Gáis reports double-digit growth in profits and sales for 2022

The largest gas supply company in Ireland said its wholesale gas trading business performed strongly last year, while its consumer retail division was loss making
  • Lorcan Allen
  • February 16, 2023
Energy

London firm Cycle0 plans network of Irish biomethane plants in major investment

The company is backed by the $1.1 billion private equity fund and has big plans for the market here
  • Lorcan Allen
  • February 8, 2023
Energy

Ireland bucks European trend of cutting back on natural gas use

Since the Ukraine war tightened European supply, most member states have slashed consumption by a fifth, while here it rose by 3 per cent
  • Lorcan Allenand
  • Daniel Murray
  • January 15, 2023
Companies

Bord Gáis owner forecasts profits will triple to £1.8bn in 2023

Company hiked its gas prices twice last year amid rising wholesale costs due to the war in Ukraine
  • Donal MacNamee
  • January 12, 2023
Energy Crisis

‘Unsuitable, flawed, simplistic’ – Government’s energy security plans harshly criticised

The Irish Academy of Engineering said state plans to protect the energy network are not realistic
  • Lorcan Allen
  • October 26, 2022
Energy

Gas field owner accuses Ryan of ‘inaccurate’ statements

Europa Oil and Gas accuses the energy and climate minister of ‘potentially misleading’ an Oireachtas committee with his remarks about the Irish gas exploration sector
  • Peter O'Dwyer
  • October 15, 2022
Infrastructure

Government agrees to step up security on privately owned sub-sea internet cables

Increased surveillance following Nord Stream 1 leak will involve greater air and naval patrols and the use of submersible drone technology
  • Daniel Murray
  • October 8, 2022
Europe

ECA president warns of fraud risk with EU emergency funds

Tony Murphy, the new Irish holder of the role, says the huge budgets involved and urgency of delivery in Covid and energy diversification schemes heighten risk of cash going astray
  • Daniel Murray
  • September 28, 2022

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