Whitegate refinery firm gets €180m injection

The firm that operates the State’s only oil refinery has received a cash injection of $200m (€179.9m).

Whitegate refinery firm gets €180m injection
Tue, 18 Aug, 2015 - 01:00
Gordon Deegan

The increase in authorised capital in the US-owned Phillips 66 Whitegate Refinery Ltd is confirmed in documents lodged with the Companies Office.

Phillips 66 is the fourth largest non-government refiner in the world and its Whitegate refinery has a capacity to produce 75,000 tonnes of oil per day and supplies around 40% of Ireland’s fuel needs.

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Courtswhitegatecash injectionUSCorkrefineryoilPlace: USPlace: IrelandPlace: east CorkPlace: Bantry BayPlace: WhitegatePerson: Greg GarlandPerson: Michael McGrathPerson: Energy MinisterPerson: Alex WhitePerson: Jerry ButtimerPerson: Michael MoynihanPerson: WhiteOrganisation: whitegateOrganisation: Phillips 66 Whitegate Refinery LtdOrganisation: Phillips 66Organisation: ToscoOrganisation: PhillipsOrganisation: ConocoOrganisation: Fianna FáilOrganisation: DáilOrganisation: Fine GaelOrganisation: Irish Petroleum Industry AssociationOrganisation: Philips 66Organisation: Phillips 66 Whitegate
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