Corrib pipeline protests, increased petroleum taxes, a political campaign against oil and gas and challenges to drilling permits have all made Irish offshore oil and gas a “sorry scene” for business, according to John Teeling of Petrel Resources.
Teeling made the statement upon publication of the Petrel Resources plc preliminary results for 2018. Annual losses were €239,042, down substantially from 2017 losses of €4.4 million. Teeling said that oil and gas exploration was...
Subscribe from just €1 for the first month!
Exclusive offers:
All Digital Access + eReader
Trial
€1
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
Annual
€200
€149 For the 1st Year
Unlimited Access for 1 Year
Team Pass
Get a Business Account for you and your team