Category Archives: Ireland’s management of its oil and gas

Rabbitte asks oil industry whether licensing terms are too generous to oil industry

Minister dictates what consultants’ findings should be: that things are fine the way they are Last week Minister for Energy and Natural Resources Pat Rabbitte named the company chosen to carry out a “fitness-for-purpose” review of Ireland’s infamous licensing terms … Continue reading

Posted in Ireland's management of its oil and gas, State 'take', Uncategorized | Tagged , , , , , , , | Leave a comment

The day Pat Kenny called me a Luddite: RTÉ radio debate about Ireland’s oil and gas

I was a guest on the Today with Pat Kenny radio show on May 28th, 2013, to discuss Ireland’s management (or mismanagement) of its oil and gas resources. I was debating against David Horgan, MD of Irish exploration company Petrel … Continue reading

Posted in Corrib Gas project, Fracking, Ireland's management of its oil and gas | Tagged , , , , , , | Leave a comment

Opinion article in Evening Echo: ‘Ireland will not reap the reward of oil finds’

Below is an an opinion article by me that appeared in the Evening Echo (a daily newspaper published in Cork) on May 1st, about the fact that Ireland has very little control over its oil and gas resources. The article … Continue reading

Posted in Ireland's management of its oil and gas, Media coverage, Security of supply, State 'take' | Tagged , , , , , | Leave a comment

Corrib will pay little or no tax: who is to blame?

If an oil company takes longer than expected to complete an oil or gas extraction project and, as a result of those delays, ends up paying no revenue to the state from whose territory for oil or gas extracted, most … Continue reading

Posted in Corrib Gas project, Ireland's management of its oil and gas, State 'take' | Tagged , , , , , | 2 Comments

Tony O’Reilly Jnr quizzed on BBC’s ‘Today’ programme about Ireland’s bad deal from oil

Providence boss repeats usual myths about Irish oil/gas fields  By William Hederman The BBC appears to be more clued in to the realities of Ireland’s mismanagement of our oil and gas resources than are many people here in Ireland. This … Continue reading

Posted in Ireland's management of its oil and gas, Media coverage, Security of supply | Tagged , , , , , | 7 Comments

‘Dalkey and oil’ – opinion piece on Broadsheet.ie

By William Hederman [Article published on Broadsheet.ie on 4th October 2012] “We’re going to be rich” That was one response on Twitter last night to the news that Providence Resources has been granted a licence to drill for oil less … Continue reading

Posted in Ireland's management of its oil and gas, Media coverage, Security of supply, State 'take' | Tagged , , , , | 1 Comment

Our oil and gas might as well be off the coast of Brazil for all the good it will do us

Comment piece by William Hederman published in today’s Irish Daily Mail (10 September 2012) The dogs in the street now understand that Ireland’s share of revenue from our oil and gas fields is set to be pitifully small, thanks to … Continue reading

Posted in Ireland's management of its oil and gas, Security of supply, State 'take' | Tagged , , , , , , | 1 Comment

Article on The Journal.ie about Barryroe discovery and Ireland’s oil and gas

Following the announcement in March 2012 by Providence Resources of a commercially viable oil discovery at the Barryroe field off Co Cork, The Journal.ie (an Irish online newspaper) ran this well-researched article (published 25th March 2012) about the significance of … Continue reading

Posted in Ireland's management of its oil and gas, Media coverage, Security of supply, State 'take' | Tagged , , , , , , , , , , | 1 Comment

Newstalk item about Providence discovery at Barryroe

Here is a recording of a discussion I was involved in on Newstalk radio on 15th March 2012. The item was about the announcement by Tony O’Reilly’s Providence Resources that it had made Ireland’s first commercially viable discovery of oil … Continue reading

Posted in Ireland's management of its oil and gas, Media coverage, Security of supply, State 'take' | Tagged , , , , , , , , , , | Leave a comment