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Perhaps BP will take over Barryroe.

After all, CEO of BP is Bernard Looney, born on a farm in Co. Kerry, graduate of UCD Dublin, has all the right credentials to be the boss of Barryroe and after his big bonus and shares this year has a hefty pay package so is financially secure.

Article from 2018:

https://www.independent.ie/business/how-this-kerry-farmers-son-is-a-rising-star-at-oil-giant-bp-37466175.html

Larry Goodman got a write-up in today's Irish Times

https://www.irishtimes.com/business/2023/04/01/goodman-set-to-hold-most-of-barryroe-even-after-sharing-40m-lifeline/

Perhaps BP will take over Barryroe.

After all, CEO of BP is Bernard Looney, born on a farm in Co. Kerry, graduate of UCD Dublin, has all the right credentials to be the boss of Barryroe and after his big bonus and shares this year has a hefty pay package so is financially secure.

Article from 2018:

https://www.independent.ie/business/how-this-kerry-farmers-son-is-a-rising-star-at-oil-giant-bp-37466175.html

The rules state that a shareholder, owning over 30% of a company. must make a bid for the company unless they waver the option.

That is what is stated in the document.

Should a shareholder with in excess of 30% made a bid it would have to be approved by the shareholders. If that happened we would all be happy as long as the price was decent in excess of those we have seen over the last few years and it still means we can invest through a holding in Lansdowne unless somebody also comes in to buy them.

At least something seems to be happening with this farago which looks like the dead albatross (of Coleridge fame) that hangs around Eamon Ryan's scrawny neck.

Article in today's Examiner with headline:

"The new rules threaten the nation’s target of building as much as seven gigawatts of offshore wind by the end of the decade"

https://www.irishexaminer.com/business/economy/arid-41101195.html

So much for Eamon Ryan's idea of being self-sufficient in "renewables".

quote:

"There are over 30 gigawatts of offshore wind projects currently in development, but only 4.4 gigawatts will be able to bid into the first Irish auction which opens next month. Investors are concerned that much of the remaining capacity could become unviable."

What an idiot Ryan is.

Eamon Ryan entered the lion's den when addressing Trinity students and got it in the neck.

Interesting quote" You said three years ago you would never enter a coalition with Fine Fail or Fine Gael" but he did.

https://www.independent.ie/videos/blood-is-on-your-hands-student-groups-disrupt-minister-eamon-ryans-trinity-college-address-42401591.html

More proof that Ryan has the coalition by the b***s.

Varadkar's statement flies in the face of what Ryan has been saying as Ryan still delays the approval of the Barryroe appraisal well.

If Barryroe had any gumption it would sue the government for loss of potential earnings using the "money message" argument but all it does, it seems, is sit on its hands or are we still waiting for the resolution of the Rockhopper farrago before they do something?

The vote tomorrow on removal of the eviction ban will be interesting. At least one if not two are going to vote against the government. If that happens, and two vote against, the government will lose its majority.

https://www.irishtimes.com/politics/2023/03/21/qa-how-dail-eviction-ban-votes-will-work-and-what-would-happen-if-the-government-lost/

I see "our minister" is back from China. It is a pity he did not call into Ukraine on his way back and stay there. What did he do in China that justified his very expensive trip?

Michael O'Leary laying it on thick with Ryan on the radio this morning.

"Most airports in Europe have anti-drone technology, but Eamon Ryan appeared not to be prepared to take action, Mr O’Leary told RTÉ Radio’s Morning Ireland.

“It’s time for the Minister to take action or to resign. He is incompetent,” claimed Mr O’Leary.

“He just needs to act. If he is not prepared to act then he should resign and retire to the leafy suburbs of Ranelagh and worry about bicycles.”

I like the bit about "the bicycles". Good advice in my book. We all agree Ryan is incompetent.

Eamon Ryan accused of inaction by Michael O'Leary.

https://www.thejournal.ie/ryanair-boss-blasts-minister-ryan-over-dublin-airport-drone-disruption-6009319-Mar2023/

More guff and no action.

Bernard Looney, boss of BP, born in Kerry should change names with Ryan. Both went to UCD. One left Ireland and made a name for himself. The other stayed at home and made a fool of himself.

Looney is saying you cannot get a "green" future without investing in oil and gas in the meantime.

"BP boss Bernard Looney today called for an “orderly” transition to renewable energy, which will require investment in both future green energy projects and “today’s energy system, which is predominantly an oil and gas system.”

https://www.cityam.com/bp-boss-defends-oil-and-gas-spending-and-calls-for-orderly-climate-transition-amid-protests/

Perhaps Looney should give a course in economics to Ryan. The question, though, is would Ryan understand it.

What will Ryan do about this?

"Company plans to proceed with Shannon LNG terminal"

https://www.irishexaminer.com/business/companies/arid-41082319.html

Ryan will be well gone by the time this is finished so he can whistle down the wind. And the same goes for Barryroe.

The development has now been put back to 2024 and the next election will be "probably" in December 2024 and I am sur e he will be for the birds then so it is only a matter of time.

Interesting article in today's RTE website.

https://www.rte.ie/news/business/2023/0227/1359085-gas-networks-ireland-figures/

Interesting comment from Brian Mullins:

"Gas Networks Ireland's Acting Director of Strategy and Regulation Brian Mullins said there were days in January when there was little or no wind, which meant that weather dependant renewable energy was not available to generate electricity and meet the country's energy demand.

"This is why gas continues to be the ideal partner for weather dependant renewables. Being able to harness wind energy when it is available and back it up with the flexibility and reliability of gas when it's not, provides a secure and complete energy system for the people of Ireland," he said."

What do you say "wood burner" hypocrite Ryan?

He might consider a coalition with SF but you can be sure his party will be so small at the next election that they will be a nonentity.

Furthermore, SF will have learnt their lesson from the last election and will run multiple candidates in a number of "safe" constituencies which will either give them an overall majority or at least a very hefty number which will mean they will have a coalition with probably Fine Fail who, after all, was the original Sinn Fein in 1921 and even to this day it is still their "mantra" when it disagreed with the splitting of the country into 26/6 counties and fought a civil war over that disagreement.

https://www.irishmirror.ie/news/irish-news/politics/fianna-fails-darragh-obrien-opens-28825086

Goodbye Eamon Ryan, we hope, no later than December 2024.

Here us a snippet that might make you laugh.

An archival item from 1974 entitled "An ESSO drill ship has discovered traces of oil off the south coast of Ireland."

I am sure that rings a bell with many. Have a watch and laugh.

https://www.rte.ie/archives/2014/0711/629999-oil-found-off-cork-coast/

Look at how much electricity Ireland is importing every 15 minutes?

Today, The following chart says about 1 gigawatt every 15 minutes. This is enough to power 725,000 homes.

https://www.smartgriddashboard.com/#all/interconnection

What happens if the UK runs down and we cannot get power from them?

Suggestion: fry Eamon Ryan over a very hot fire.

I am here and waiting.

Like all of us, I am waiting for Ryan to give permission for the appraisal but the question is "when" or even "will he" ever give it? To date he has used b/s to stymie all requests from Barryroe so what is stopping him doing the same until the next election in 2025?

The alternative would be for Barryroe to sue the government for the money spent to date which it is entitled to recoup from "profits" but if you are precluded from "profits" can you still make a claim?

And while there are some overlaps between Barryroe and Rockhopper's charge against the Italian government which Rockhopper won but like Ryan the Italian government are requesting an annulment, a decision on which could take two years, there is the issue of an Irish company suing the Irish government.

"A legal battle between the Italian government and Rockhopper Exploration looks set to rumble on for up to two more years, as the former seeks to annul a $190m compensation award."

And while, technically, Barryroe, being and "Irish company" based on its shareholding there is nothing stopping Lansdowne from taking the government to court as it "English" as it is traded on the LSE AIM market. But it would need some extra financial support to do that. Perhaps Larry will come to their aid and "lend" them a few million as he has buckets of money.

It amazes me how to date Lansdowne has been in for a free ride. When will it show its true colours and put up a fight to defend its 20% of Barryroe?

So like Milton and the rest of us "We also serve, who only stand and wait", after all 2025 and the next election is not that far away when you consider we have been "waiting" nearly eleven years already.

So, like most on here, what is there to say until somebody kicks the donkey and gets some reasonable response out of it.

Perhaps Larry will buy Lansdowne and start the legal proceedings.

So, my hope that Varadkar and Martin would give Ryan the "shove" in the December switch has not taken place we might have to wait for the next election in 2025 so that Ryan can get the boot.

In the UK, Tesco employs about 300,000 people and has about 3,000 stores giving an average of 100 staff per store.

" Google's standard figure of 200 new jobs for each data center project". How many Tesco stores have you been in that employs 200 staff and a Lidl or Aldi certainly employs far less?

Secondly, a large number of the datacentres employees are highly trained, skilled so will probably come from outside so have a family of say average 4 people meaning the extended scope of a datacentre could equate to about 1,000 influx whereas Tesco will employ a large number of staff from the local community.

Now, how many locations outside of the greater Dublin area can you name where 1,000 would not make a major impact on the social infrastructure and because they are well paid would not be a major benefit?

Its a pity a larger number of datacentres were not scattered around the country rather than being clustered close to Dublin.

Too good a deal to ignore.

https://www.businesspost.ie/news/dublin-ban-sees-21-new-data-centres-planned-outside-city/

21 new datacentres might but a strain on Eirgrid but will add plenty of bucks to the Irish economy. And distributed away from Dublin might help with spreading the population a bit. Dublin is way too heavily tilted in favour of the population.

Overloading Eirgrid will soon make Varadkar et al. change their tune re "home grown" energy when latest report from UK has the warning "LIGHTS OFF Households on the brink of blackouts due to severe cold weather " and Ryan thinks when the UK is short they will happily keep our lights on.

Years ago the government tried to "diasporise" the population by moving civil service departments around the country but it failed when the civil servants would not move.

The siting of datacentres away from Dublin might have a better chance.

https://www.irishexaminer.com/news/politics/arid-41031302.html

"Varadkar 'to take ownership' of housing and climate change"

Will this scupper Ryan?

Wouldn't that be a nice Christmas present.

Ireland is in a far better place than the UK who wasted billions on Covid and now are in debt for trillions, much of it ripped off by such as the "Lady Lord" who is currently under investigation.

In Ireland we have only one monkey on our back in the shape of Eamon Ryan.

We are upsetting the big companies who have set up datacentres which can "feed" us for years to come if we only stop trying to play God with them. But if Ryan keeps trying to throttle them, they will just get up and go elsewhere.

Hopefully, he will get his desserts with the change of government on 19th when there will be a vote on the new government which we hope will lose and we have a new election or to save the current status quo they kick him into the long grass.

What a nice Christmas present that would be.