Latest: Odourless gas which entered the network in the west of Ireland is being sucked back out of the pipes and burnt off, it has been revealed.

The new operator of Corrib Gas field has told investors it doesn’t expect to pay tax from profits on the project “for the foreseeable future”.

As far as energy is concerned, potential Brexit tariffs and the sterling exchange rate are red herrings. Tariffs — as opposed to transport costs — are no big deal in the oil, gas or electricity exploration and production industries.

The decision by Shell to sell its stake in the Corrib gas field for €1bn was not unexpected, as the oil giant continues to pull back from smaller projects globally, but it will have learned from its chequered management of the project, a leading Irish oil expert has said.

From Shell to sea to Shell to go.

Royal Dutch Shell has agreed a deal worth up to US$1.23bn (€1.07bn) to sell its stake in the Corrib gas project in a move ending its exploration and production in Ireland.

One of the partners of the Corrib Gas Field, Vermilion Energy, recorded sales of $17m (€14.89m) from the field in the first quarter of the year.

Shell Ireland has received a further €50m cash injection from oil giant Shell, as the Irish firm finally generates revenues from the long-delayed and controversial €3.6bn Corrib Gas field.

Taking its inspiration from TED’s 15-minute talks, a bold new food conference has invited the world’s top chefs to Galway to discuss the future of food. Michelle Darmody meets some of the key players.

Shell E&P Ireland, operator of the controversial Corrib gas field off the Mayo coast, is considering adding to its Irish asset portfolio in the Government’s upcoming licensing round.

It is a decade since the Rossport Five went to prison for three months. As the Corrib gas pipeline prepares to carry offshore gas for the first time, Noel Baker visits the area to ask if the long-running saga is coming to an end.

The costs of the Corrib gas project are set to top €3.6bn in 2015 when gas is finally expected to flow from the field.

Nama announced yesterday that it has identified sites linked to its debtors where 25,000 housing units might be built.

The coming on stream of the long delayed €3.4 billion Corrib gas project has moved a step closer with tests confirming that all five Corrib wells are now ready to flow.

Minister for Justice Alan Shatter has rejected fresh calls for an independent inquiry into the Garda policing operation of the €3.4bn Shell Corrib gas project in north Co Mayo.

The Corrib Gas partners are now counting the

Garda costs for security at the Corrib gas works in Mayo have mounted to €16m, Justice Minister Alan Shatter said as he refused to order a probe into claims about policing at the site.

Losses at Vermilion Energy, one of the Corrib gas field partners, last year rose by 50% to €30.8m.

A group of environmental activists have staged a protest against oil and gas giant Shell today.

Shell Ireland has received a fresh cash injection of €125m from its parent to deal with the spiralling costs of the Corrib gas field project.

Re Matt Cooper’s article (Sept 4) on oil and gas in Ireland disregarded the facts: there is no State ownership or State participation in oil and gas resources in Ireland — the commodity can and will be sold by the licence holders to whomever they wish and at market price.

’Lake Boreen’ is spacious, stylish and scenic, writes Trish Dromey

The Garda Ombudsman has recommended that disciplinary proceedings be taken against a garda involved in the so-called rape tape controversy.

Jerrie Ann Sullivan, one of the women who made a recording public in the Garda "rape tape" controversy, has said that the Garda Ombudsman investigation into the incident has been "about protecting An Garda Síochána".

Bord Gáis Networks yesterday warned of higher gas prices, totalling €40m per annum to consumers.

The cost of developing the Corrib Gas project is now expected to top €3.2 billion, with the final phase of the project expected to sustain more than 700 jobs.

Shell Ireland has received a fresh cash injection of €90 million from its parent company to deal with the spiralling costs of the Corrib gas field project.

OBJECTORS to a proposed €500 million gas terminal on the Shannon Estuary have described a recent statement by Energy Minister Pat Rabbitte as a “game changer”.

THE final cost of the controversial Corrib Gas project is now expected to near €3 billion, as one of the partners admitted that it may not be until late 2014 when gas is finally flowing.

PRE-TAX losses at one of the partners in the €2.5 billion Corrib gas field, Statoil, increased more than three-fold last year to €126.5 million.

ONE of Shell’s partners in the €2.5 billion Corrib Gas project has conceded that gas will not now be brought ashore until 2014.

Allegations that garda officers joked about raping two female protesters arrested at the controversial Shell gas project in Cor Mayo have been backed up by a video recording examined by the force’s watchdog.

IN his letter concerning the Corrib Gas protesters Michael O’Connell (April 19) fails to realise that the current fiscal terms provide for a 25% fuel tax rate, with zero royalties and zero state ownership.

MICHAEL O’CONNELL’S labelling of Corrib protesters as villains who are hurting economic progress, defies any logical analysis of the facts.

Details have emerged today of a second tape recording from 2006, during which a Garda is alleged to have made sexually abusive remarks to a protestor in Bellinaboy.

JUSTICE Minister Alan Shatter has said he is “open” to a general review of Garda policing of the Corrib gas protests by the state’s independent police watchdog.

The Dublin Rape Crisis Centre, Amnesty, the Council for Civil Liberties and One in Four have all condemned comments allegedly made by gardaí in Co Mayo, in which they allegedly joked about threatening to rape a female anti-Shell protestor who had been arrested.

The film-maker behind an award-winning documentary on the Corrib gas project has been told to apologise for a joke he cracked at the expense of the Irish Film and Television Awards (Ifta).