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Displaying items by tag: Phillips 66

#WhiddyOilTerminal – Bantry Bay Oil Terminal has been acquired by Houston, Texas based Zenith Energy, an international liquids and bulk terminal company from Phillips 66.

The terminal has a storage capacity of more than 8 million million barrels holding a third of Ireland's strategic petroleum reserves. Zenith intends to continue operating the terminal on a commercial basis. 

For more the West Cork Times reports HERE. 

Phillips 66 continues to operate Whitegate Oil Refinery in Cork Harbour, the only such facility in Ireland. As previously reported on Afloat.ie the refinery at Whitegate was withdrawn from sale last year following attempts to find a buyer failed.

Mike King of Phillips 66 was among the speakers of the major energy conference "Cork Harbour – Energising the Region" held in December.

To read his presentation and others click HERE on topics that discussed the opportunities and challenges in terms of energy, industry and tourism for the harbour.

Published in Coastal Notes

#WhitegateOilRefinery – The Irish Independent writes that the US oil company, Phillips 66 has pulled the sale of Ireland's only oil refinery at Whitegate in Cork as attempts to find a buyer failed.

Last June, Phillips 66 hired Deutsche Bank to help sell the refinery. However, despite smoking out several potential suitors, the company and its advisers were unable to seal a deal.

Phillips 66 will continue to operate the refinery in Cork, although it may seek to offload a nearby storage facility in Bantry Bay. Around 200 staff are employed by Phillips 66 across its Irish operations. For more on the story click HERE

As previously reported on Afloat.ie last year the Government-commissioned a report that said the state did not need its own oil refinery as it can import enough of the fuel to meet all its needs.

For a copy of the report published by the Department of Energy, click HERE.

Published in Coastal Notes

The Irish Cruiser Racing Association (ICRA) Information

The creation of the Irish Cruiser Racing Association (ICRA) began in a very low key way in the autumn of 2002 with an exploratory meeting between Denis Kiely, Jim Donegan and Fintan Cairns in the Granville Hotel in Waterford, and the first conference was held in February 2003 in Kilkenny.

While numbers of cruiser-racers were large, their specific locations were widespread, but there was simply no denying the numerical strength and majority power of the Cork-Dublin axis. To get what was then a very novel concept up and running, this strength of numbers had to be acknowledged, and the first National Championship in 2003 reflected this, as it was staged in Howth.

ICRA was run by a dedicated group of volunteers each of whom brought their special talents to the organisation. Jim Donegan, the elder statesman, was so much more interested in the wellbeing of the new organisation than in personal advancement that he insisted on Fintan Cairns being the first Commodore, while the distinguished Cork sailor was more than content to be Vice Commodore.

ICRA National Championships

Initially, the highlight of the ICRA season was the National Championship, which is essentially self-limiting, as it is restricted to boats which have or would be eligible for an IRC Rating. Boats not actually rated but eligible were catered for by ICRA’s ace number-cruncher Denis Kiely, who took Ireland’s long-established native rating system ECHO to new heights, thereby providing for extra entries which brought fleet numbers at most annual national championships to comfortably above the hundred mark, particularly at the height of the boom years. 

ICRA Boat of the Year (Winners 2004-2019)