Corrib Gas

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The Minister for the Environment and Climate Eamon Ryan said the  rapid rollout of offshore wind energy would  be contentious, particularly off the east coast because large turbines would  be so visible on the horizon. Photograph: Getty Images

Ireland’s energy transition and rollout of large-scale offshore wind must be seen as “a shared societal project, rather than a developer-led project”,(...)

Vermillion, as a consequence of the Shell Ireland deal, increased its stake in Corrib gas field to 20%.

Revenues from natural gas sales by Corrib gas field operator Vermilion slumped 44 per cent last year to Can$58.44 million (€38.86 million). The compa(...)

The Corrib gas terminal. Vermilion said that one of the factors for the drop in the price of natural gas is the Covid 19 pandemic.

Revenues from the sale of natural gas from the Corrib gas field declined by 57 per cent in the first nine months of this year when compared to last ye(...)

The lockdown led to an overall decline of 2.3% in gas demand   in the six months ended June 30th, compared to the first half of 2019. Photograph: iStock

The Corrib Field is now Ireland’s sole domestic source of natural gas – the fuel that provides most of the country’s electricity – after the Kinsale r(...)

Vermilion Energy has a 20 per cent share in the Corrib gas field. File photograph: Alan Betson

A sharp drop in the price of natural gas contributed to revenues from the Corrib gas field halving last year to an estimated (...)

Firms such as Mazars, Deloitte, KPMG and Ernest and Young appear repeatedly in the figures for Government spending on outside consultants. Photograph: Niall Carson/PA Wire

Accountancy firms, public relations companies, management consultants and think tanks are among those who benefited from millions in Government spendi(...)

“Nephin is very pleased with how Corrib has performed since operatorship transferred from Shell to Vermilion as part of the transaction.”

The Canadian-owned entity that acquired Shell Ireland’s 45 per cent interest in Corrib gas has already taken €414.8 million in dividends from the oper(...)

In 2016, 10.7 per cent of Ireland’s total land area was covered by forestry; the second lowest proportion in the EU. Photograph: Bryan O’Brien / The Irish Times

Ireland’s status as a laggard in reducing carbon emissions has been confirmed by a new CSO report, which shows the Republic has the third highest emis(...)

An aerial view of the Sedco 711 drilling rig at the Corrib gas field

A sharp increase in the price of gas in Ireland last year contributed to revenues for the Corrib gas field increasing by 34 per cent to an estimated €(...)

Among the targets are achieving 32 per cent use of renewable energy sources and meeting a 32 per cent target in energy efficiency. File photograph: PA

While Ireland is unlikely to meet EU decarbonisation and renewable energy targets for 2020, “an ambitious, but realistic, climate and energy roadmap” (...)

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