September 18, 2021
Oil prices up by 20% on worries of ‘dangerous’ climate change
Oil prices have risen sharply this week as a global oil glut is set to tighten further and as the world prepares to kick off the world’s hottest summer.The dollar, which has traded at around 70 cents a barrel since early April, hit its highest level since January. In Sydney, the dollar strengthened to a fresh […]
September 12, 2021
What’s next for Ireland’s oil refinery?
Oil refinery operator OLAPX has said it will lay off 100 people, including 20 people in its oil division, after the Government’s decision to withdraw funding from the plant.The refinery in Co Clare has been operating at around half capacity since May when the Government cut funding from its operating budget by more than £5m.The […]
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