Providence has a 43 per cent stake in the licence having recently agreed to assign a 15 per cent equity interest to Chrysaor Holdings

Irish-based oil and gas exploration company Providence Resources has said a recent 3D seismic survey undertaken at the Fel/114 licence in the northern(...)

The fan system, called ‘Druid’ is the second large prospect to be discovered in the region

Irish-based oil and gas exploration firm Providence Resources has said a recent 3D seismic data survey has confirmed the presence of a large 400km Pal(...)

Providence Resources chief executive Tony O’Reilly said it was a year of “significant progress” despite a challenging backdrop for the industry. Photograph: Cyril Byrne/The Irish Times

Operating losses at Irish based oil and gas exploration firm Providence Resources narrowed in 2014, with the company recording a loss of €6.46 millio(...)

Six companies on the ISE’s equity markets raised a total of €2.2billion in the first quarter. Photograph: Dara Mac Dónaill/Irish Times

The strong demand for Irish shares witnessed last year continued into the first quarter of 2015 with record equity trades reported, according to new f(...)

Former Italian prime minister Mario Monti warned anti-Brussels sentiment and rising populism in France threatened to blow the bloc’s Franco-German axis apart. Photograph: Chris Ratcliffe/Bloomberg

Aramark eyes Avoca US food services group Aramark Corporation is lining up a takeover bid for the Avoca retail chain, and could make an offer within w(...)

Sir Anthony O’Reilly has been gradually winding down his stake in INM since losing control of the business in 2012. Photograph: David Levenson/Getty Images

Sir Anthony O’Reilly has reduced his shareholding in Independent News & Media (INM), a company he controlled for almost 40 years, to below 3 pe(...)

Providence Resources chief executive Tony O’Reilly addressing shareholders at the explorer’s AGM last year. Providence hopes to raise $25.75 million in a share placing. Photo: Eric LukeThe Irish Times

Irish oil and gas exploration firm Providence Resources has announced details of a share placing which it hopes will raise $25.75 million for the comp(...)

Company run by Tony O’Reilly jnr issued a statement partly confirming the rumours. Photograph: Eric Luke/The Irish Times

The share price of Providence Resources slumped by about 15 per cent on Friday after the oil explorer run by Tony O’Reilly jnr confirmed it was lookin(...)

A Providence Resources oil rig operating in Barryroe, 50km from Co Cork. Providence has reached commercial terms with a partner to develop the Barryroe oil field in the Celtic Sea.

Irish exploration firm Providence Resources has acquired Chrysaor Exploration & Production Ireland Limited (CEPIL), and reached commercial terms (...)

Sir Anthony O’Reilly’s 49 per cent share in Fitzwilton is likely to be eventually sold to go towards his creditors

Fitzwilton, the manufacturing group owned by Sir Anthony O’Reilly and his brother-in-law Peter Goulandris, returned to profitability last year, accor(...)