However, it is perhaps best known in the West, as the operator of the endlessly controversial Corrib Gas project; but as its long history around the world has shown, controversy is no stranger.
John Lynch: PUBLISHED 30/05/2016 | 02:30
The latest recession in the oil sector has thrown up some truly remarkable business paradoxes.
Imagine, if you can, a company which suffers a $200bn plunge in revenues and sees its operating profits collapse by 93pc.
Imagine that company surviving such a life-threatening trauma but being resilient enough to get stuck into the acquisition of a serious competitor.
Well, that’s been the precise up-to-date experience of Royal Dutch Shell (Shell). And the rival it picked up amidst all its woes is BG plc. But then oil companies are a law unto themselves and some can afford to ship revenue and profitability damage, which would be fatal for most other corporations.