Shares in Irish oil and gas exploration company Providence Resources regained some ground by the close, having dipped by as much as 8 per cent earlier. Photograph: Bryan O’Brien

World equity indexes gained modestly yesterday after a rout last week. Positive US housing data helped Wall Street shrug off a weak manufacturing rep(...)

A drilling rig at Providence’s Helvic Oil field in the Celtic Sea.  Shares in the Irish oil and gas exploration company have plunged in the past year.

Shares in Irish oil and gas exploration company Providence Resources fell further yesterday, as the company issued a statement indicating it was not a(...)

Dunquin South is estimated to contain around 1.4billion barrels of oil equivalent

Irish-based oil and gas exploration company Providence Resources has acquired Atlantic Petroleum’s 4 per cent stake in a licence located 170 km off(...)

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(...)