Category Archives: State ‘take’

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

Posted on March 11, 2014 by William Hederman

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 Corrib gas project, DCENR, Irish natural resources, Irish oil and gas giveaway, Pat Rabbitte, Petroleum Affairs Division, Royalties on gas, William Hederman | Leave a comment

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

Posted on May 9, 2013 by William Hederman

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 Barryroe, Barryroe oil field, Irish natural resources, Irish oil and gas giveaway, Pat Rabbitte, Providence Resources | Leave a comment

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

Posted on March 8, 2013 by William Hederman

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 Brian O'Cathain, Corrib gas project, Irish natural resources, Mayo gas, Shell, William Hederman | 2 Comments

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

Posted on October 4, 2012 by William Hederman

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 Dalkey Prospect, Irish natural resources, Irish oil and gas giveaway, Providence Resources, security of supply | 1 Comment

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

Posted on September 10, 2012 by William Hederman

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 Barryroe, Barryroe oil field, Irish natural resources, Irish oil and gas giveaway, Pat Rabbitte, security of supply, Shell to sea | 1 Comment

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

Posted on April 14, 2012 by William Hederman

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 Barryroe, Barryroe oil field, Gavan O'Reilly, Irish natural resources, Irish oil and gas giveaway, Pat Rabbitte, Petroleum Affairs Division, Providence Resources, Royalties on gas, The Journal.ie, William Hederman | 1 Comment

Newstalk item about Providence discovery at Barryroe

Posted on April 14, 2012 by William Hederman

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 Barryroe, Barryroe oil field, Cork oil, David Horgan, Irish natural resources, Irish oil and gas giveaway, Newstalk, Pat Rabbitte, Providence Resources, Tony O'Reilly, William Hederman | Leave a comment

Last night’s Frontline and the tax take from Corrib

Posted on February 7, 2012 by William Hederman

By William Hederman. On RTÉ’s Frontline last night, I raised the question of the very low projected tax take from the Corrib Gas project. This issue is sometimes misunderstood. An example comes in this comment sent to me today by one of the … Continue reading →

Posted in Corrib Gas project, Gas prices, Myths about Corrib Gas project, State 'take' | Tagged Bord Gais, Brian O'Cathain, Corrib gas project, Frontine, RTE, Shell, Tony Allwright | 16 Comments

Frontline programme covering natural resources issue this evening

Posted on February 6, 2012 by William Hederman

If you are watching Frontline on RTE television this evening (Monday 6th January, 2011) and are visiting IrishOilandGas.com for the first time: welcome. Your best place to start is the top two articles in the Articles section. Some of this information … Continue reading →

Posted in Media coverage, Security of supply, State 'take' | Tagged Corrib gas project, Fracking, Frontline, RTE | Leave a comment

Submission to Oireachtas Committee reviewing oil and gas exploration licensing

Posted on January 26, 2012 by William Hederman

Last month (December 2011) I was invited to make a written submission to the Joint Oireachtas Committee on Communications, Natural Resources and Agriculture, which is reviewing Ireland’s licensing terms for oil and gas exploration. My submission is below.

Posted in Gas prices, Media coverage, Security of supply, State 'take' | Tagged Brian O'Cathain, Corrib gas project, DCENR, Irish natural resources, Irish oil and gas giveaway, Joint Committee on Communications, Natural Resources and Agriculture, Pat Rabbitte, Petroleum Affairs Division, Royalties on gas, security of supply, William Hederman | 7 Comments