Tesco dropped 1 per cent to 300.6 pence. The company may report its worst UK sales in more than 10 years this week as discounters gain market share, Morgan Stanley predicted. Photograph; PA

European shares started the month positively yesterday, buoyed by upbeat economic data from China that helped to allay concerns about growth rates the(...)

Financial traders work on the floor of the Frankfurt Stock Exchange in Frankfurt, Germany. Photo: Bloomberg

European stocks climbed to a six-year high as a report showed that Chinese manufacturing expanded at the fastest pace since December. Det Norske Oljes(...)

Tullow  has interests in over 140 exploration and production licences across 24 countries

Tullow Oil said on Friday its Shimela-1 well in Ethiopia has found water-bearing reservoirs.The exploration group said Shimela-1, which is located in (...)

Providence holds an 80 per cent stake in the Ballyroe oil field

Shares in Irish oil and gas explorer Providence Resources jumped by more than 10 per cent in trading in both Dublin and London on Tuesday after(...)

Brent futures edged below $109 a barrel this morning as  lingering concerns over the US government shutdown clouded the outlook for demand.

Brent futures edged below $109 a barrel this morning as oil production resumed in the Gulf of Mexico after a tropical storm, while lingering concerns (...)

Tullow Oil shares fell 4.9 per cent today, the lowest proce since December. Photograph: Shannon Stapleton/Reuters

Tullow Oil Plc, the UK explorer searching for Ethiopia's first crude, fell to a four-month low in London trading after delaying the Sabisa well(...)