Statoil

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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(...)

Vincent Dunne: “Norway is a highly regulated country and demands that everyone is playing their part meaning that all contribute to the welfare of the country.”

Born in Freshford in the 1950s, Vincent Dunne attended St Kieran’s College, Kilkenny as a boarder but left before taking his final exams. “I was to (...)

Ryanair chief executive Michael O’Leary: prices are expected to have the biggest overall influence on the airline’s performance. Photograph: Robin van Lonkhuijsen

THIS WEEK JULY 24th Monday Results: Ryanair Holdings, Alphabet, Christian Dior, Halliburton, Hasbro, Hyundai Indicators: Euro zone composite, man(...)

Protests and opposition delayed production at the Corrib gas field by more than a decade. Photograph: Bryan O’Brien

No doubt, Shell is glad to see the back of the Corrib natural gas field, even if it is on track to lose about €1 billion on 15 years of heavy investme(...)

Gardaí engage in a shoving match with protesters outside the Corrib gas terminal site in Ballinaboy, Co Mayo. Photograph: Niall Carson/PA

Energy company Shell has sold its 45 per cent stake in the Corrib gas field to a unit of Canada Pension Plan Investment Board (CPPIB) in a deal worth (...)

Gardaí  and protestors outside the Corrib gas terminal site in Co Mayo, in 2006. Between 2005 and 2014, the policing of protests and protection of workers at project sites cost the State €16.4 million. Photograph: Niall Carson/PA

Energy groups behind the controversial Corrib gas field off the Mayo coast are as much €2.5 billion in the red on their investment, as Shell’s move to(...)

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