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 (...)

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 €(...)

The huge cost overrun on the Corrib gas development is estimated to have cost the State at least €600 million in tax revenue. Photograph: Dara Mac Dónaill

Statoil’s Irish subsidiary, which owns a 36.5 per cent stake in the Corrib gas field off the west coast of Ireland, saw losses narrow last year, newl(...)

A drilling rig at the the Corrib gas field. An advanced tax agreement between Vermilion Energy Trust and the Luxembourg authorities was negotiated by PwC on behalf of the Canadian company in November 2009. Photograph: Shell E&P Ireland Ltd

The Canadian oil group that owns 18.5 per cent of the Corrib gas project made its investment using a complicated structure agreed with the Luxembourg(...)