Providence Resources, the oil and gas explorer, has raised $163m from share sales over the past decade to fund the development of its Irish offshore assets

Providence Resources, the oil and gas explorer locked in talks with its main creditor and financial advisers after a court ruling landed it a bill of (...)

The logo of Swiss agrochemicals maker Syngenta adorns it’s headquarters in Basel. Photograph: Arnd Wiegmann/Reuters

China’s state-owned ChemChina will make an agreed €39.4 billion bid for Swiss seeds and pesticides group Syngenta, the companies said on Wednesday, ma(...)

 China’s government has implemented a series of top-heavy measures to manipulate a market turnaround.  Photo: Getty Images

Emerging-market stocks rose the most in two years and currencies strengthened as Chinese shares ended the steepest five-day rout since 1996 and invest(...)

Last year the group recorded a contingent liability of $265 million in relation to the dispute

Irish exploration group Tullow Oil is to pay an additional $108 million (€94.7m) to the Ugandan government to settle a capital gains tax dispute. Ugan(...)

Aidan Heavey, chief executive, Tullow: “We have always been aggressive in chasing acquisitions in downturns.”

Mark Paul, Business Affairs CorrespondentAidan Heavey, the chief executive of Tullow Oil, says the company has spare financial resources of $1 billion(...)

Analysts who follow Tullow agree that its price  undervalues its assets, namely its oil exploration and production businesses

Speculation is growing that Irish exploration group Tullow Oil could find itself in the crosshairs of one of the world’s oil majors on the back of a (...)

Between 2009 and 2012, Tullow had drilling successes in Africa, opening up new basins in Uganda (above), Ghana and Kenya

Another week, another dry well for Tullow Oil, which on Monday announced it is abandoning its Lupus-1 prospect off the coast of Norway. For two yea(...)

Brazil’s president Dilma Rousseff  with China’s president Xi Jinping at the sixth Brics summit in Fortaleza. Photograph: Nacho Doce/Reuters

Brazil’s President Dilma Rousseff had some reason to be pleased with herself this week.Not only did she host on Monday a successful meeting of the lea(...)

The Uganda tribunal’s ruling means Tullow must pay an extra $265 million (€195 million) in taxes.

Tullow Oil will try to challenge a ruling that has left the Irish exploration group facing a bill for €195 million in extra taxes in Uganda, home to o(...)

Uganda People’s Defence Forces soldiers participate in a security patrol after unidentified gunmen attacked Bundibugyo town in Western Uganda. Photograph: Reuters

Gunmen killed 17 people when they attacked three police stations and a military barracks in western Uganda, in an area that was once the scene of an i(...)