Agreement has been reached to sell the Whiddy Island oil terminal in Bantry, which holds a third of Ireland’s strategic oil reserves, to the US startup, Zenith Energy.

The Shell Corrib gas pipeline project has suffered a major setback after the Commercial Court granted an order quashing the revised licence issued for the Shell gas terminal at Ballinaboy.

An Bord Pleanala has refused planning permission for the proposed construction of a controversial gas terminal in Bellanaboy, Co Mayo.