11.10.2012   16:37

The Global Energy Revolution Comes to Ireland

Nary a drop of oil has ever been extracted from Ireland, either on land or at sea. That’s about to change, the BBC reports: “Ireland is on the verge of securing revenue from oil that could run into billions of pounds. Providence Resources Plc, an Irish and UK company, has confirmed its Barryroe site, 30 miles off the Cork coast, should yield 280m barrels of oil.” Welcome, Ireland, to the club of oil-producing states. And may there be many more happy surprises in your future.


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