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Madrid Police "Dumbfounded" After Amazon Called The Cops On Striking Workers 22:31 Nov 27 0 comments

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The Saker

A bird's eye view of the vineyard

Alternative Copy of thesaker.is site is available Thu May 25, 2023 14:38 | Ice-Saker-V6bKu3nz
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Dear friends As I have previously announced, we are now “freezing” the blog. We are also making archives of the blog available for free download in various formats (see below).

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by Mr. Allen for the Saker blog Over the last few years, we hear leaders from both Russia and China pronouncing that they have formed a relationship where there are

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Public Inquiry

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RTEs Sarah McInerney ? Fianna Fail supporter? Anthony

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Human Rights in Ireland

Indymedia Ireland is a volunteer-run non-commercial open publishing website for local and international news, opinion & analysis, press releases and events. Its main objective is to enable the public to participate in reporting and analysis of the news and other important events and aspects of our daily lives and thereby give a voice to people.

Julian Assange is finally free ! Tue Jun 25, 2024 21:11 | indy

Stand With Palestine: Workplace Day of Action on Naksa Day Thu May 30, 2024 21:55 | indy

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Hamburg 14.05. "Rote" Flora Reoccupied By Internationalists Wed May 15, 2024 15:49 | Internationalist left

Eddie Hobbs Breaks the Silence Exposing the Hidden Agenda Behind the WHO Treaty Sat May 11, 2024 22:41 | indy

Human Rights in Ireland >>

Lockdown Skeptics

Will Trump Ever Admit Lockdown Was a Mistake? Mon Jul 22, 2024 19:35 | Jeffrey A. Tucker
Will Trump ever admit he was wrong to back lockdown in March 2020 ? a decision that doomed America to years of crisis and sank his re-election hopes that year? Jeffrey Tucker is hopeful that truth will finally prevail.
The post Will Trump Ever Admit Lockdown Was a Mistake? appeared first on The Daily Sceptic.

Joe Biden Out in Apparent Palace Coup Mon Jul 22, 2024 17:30 | Eugyppius
Biden's team was still obliviously tweeting his resolve to fight on hours after he had decided to step down. So was the matter taken out of his hands? It has all the signs of an opportunistic palace coup, says Eugyppius.
The post Joe Biden Out in Apparent Palace Coup appeared first on The Daily Sceptic.

Who Will Guard Us Against the Guardian?s ?Fact Checks?? Mon Jul 22, 2024 15:34 | David Craig
The Guardian has published a 'fact check' of Donald Trump's claims about inflation and immigration. Just one problem, says David Craig: the 'fact check' gets its facts wrong. Who will guard us against the Guardian?
The post Who Will Guard Us Against the Guardian’s ‘Fact Checks’? appeared first on The Daily Sceptic.

Biden Delayed Stepping Down as He ?Doubts Kamala? as Senior Democrats Fail to Back Her Mon Jul 22, 2024 13:19 | Will Jones
President Biden delayed stepping down in part because he doubted Kamala Harris was up to the challenge of an election battle with Donald Trump, sources have said.
The post Biden Delayed Stepping Down as He “Doubts Kamala” as Senior Democrats Fail to Back Her appeared first on The Daily Sceptic.

The Office of Budget Intractability Mon Jul 22, 2024 11:00 | Andrew Colllingwood
Labour has brought forward a Bill giving the Office of Budget Responsibility a "fiscal lock" over future economic policy. This is one more step in the erosion of parliamentary democracy, says Andrew Collingwood.
The post The Office of Budget Intractability appeared first on The Daily Sceptic.

Lockdown Skeptics >>

Corrib benefits from high price of gas

national | worker & community struggles and protests | press release

Friday March 03, 2017 23:32

by shell2sea

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[Shell to Sea]The Oil & Gas giveaway in action: The Corrib Gas partners made $589m (estimated €532m) last year and yet paid no royalties or tax.

The Corrib Partners are benefiting from a relatively high gas-priced product and recorded estimated sales of over €420m in the first full year of production at the Corrib gas field.

Production started on the field at the end of 2015. For the 12 months of last year, the Corrib Partners, including Shell Ireland, recorded estimated revenues of (Canadian) $589m from the production of gas from the field.

Taken from Pg 50 of Vermilions Annual Financial Report 2016: available

Taken from Pg 50 of Vermilions Annual Financial Report 2016: available

This follows a new report by one of the Corrib partners, Canada-based Vermilion showing that it has generated sales of $109m for the 12 months.

Vermilion owns 18.5pc of the field and based on Vermilion's Corrib sales between January and December of last year, the total sales from the field for the three partners would be $589m (€423.47m).

Vermilion state that its investment in the field will be a significant source of fund flows for Vermilion "stemming from its relatively high priced gas product".

Vermillion also point to the field being a significant source of fund flows to the firm from the "lack of cash income tax for the foreseeable future" along with the absence of royalties, low operating expense and low-maintenance capital requirements.

The new results for Vermilion show that the amount it recorded in sales from Corrib increased sharply in the final quarter of last year.

According to the Vermilion report "production results continued to benefit from better than expected well deliverability and minimal downtime".

Vermilion 'fund flows from operations' last year totalled $79.24m after taking costs into account.

The Vermilions Annual Financial Report 2016 is available here:
http://www.vermilionenergy.com/files/ir/2016/Annual_Rep...6.pdf

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