Statoil

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“Ireland should establish the necessary framework to deploy offshore wind in Irish waters as soon as possible,” Statoil told the Department of Communications, Climate Action and Environment. Photograph: iStock

Ireland has an “enormous potential for offshore energy developments”, oil major Statoil told the Department Communications, Climate Action and Environ(...)

Crown prince Haakon Magnus of Norway speaks on stage during the SXSW festival in Austin, Texas. Photograph: Rick Kern/WireImage

Norway’s reputation as a new international tech hub is not manufactured. But it isn’t necessarily organic either. With the second-highest GDP in the w(...)

A trader works on the floor of the New York Stock Exchange on Wednesday. Photograph: Brendan Mcdermid/Reuters

US stocks remained on an unsteady footing as the bout of volatility that’s gripped global financial markets persisted amid signs that the rise in tre(...)

Minister for Finance Paschal Donohoe in Davos. Photograph: Jason Alden/Bloomberg

The Minister for Finance Paschal Donohoe rejected claims at the World Economic Forum (WEF) in Davos that the Republic was driving a tax “race to the b(...)

A reindeer grazing in the snow as a Norwegian patrol ship passes behind south of Tromso, Norway. Photograph: Stephen Starr

In the port of Tromso, one of the northernmost cities in the world and Atlantic gateway to the Arctic, patrol vessels are on the move. When one ship l(...)

Activists hold a sit-in at  COP23 in Bonn. Photograph: Epa/Philipp Guelland

Stronger Chinese economic growth and greater use of coal will push global greenhouse gas emissions to a record high in 2017, according to a report iss(...)

As Shell’s Corrib gas field was producing gas at a high rate during 2016, its value had to be written down.

The Corrib natural gas field off the west coast lost €140 million last year, according to accounts filed by its operator, Shell E&P Ireland. Glob(...)

Kitchen at Coney Island, The Cove, Baltimore,  for sale with Charles McCarthy Estate Agents for €750,000

When keen sailors build their own holiday homes, you can usually expect exceptional sea views, and a great maritime location. Coney Island, built by (...)

BMW’s electric car, BMW i3,  being charged at the charging station in front of the entrance of Nissan’s Global Headquarters  in Yokohama, Japan
Looking good to the west

Ireland’s track record when it comes to commercial oil and gas discoveries is not a good one. In the course of more than half a century of exploration(...)

Statoil said on Tuesday that after drilling the northernmost exploration well in the highly anticipated Korpfjell prospect it had found only non-commercial quantities of gas and no oil. Photograph: Kristian Helgesen

Norway’s hope of discovering a large oilfield in the Barents Sea has suffered a major setback after the far north Arctic’s most promising reservoir tu(...)

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