Helge Lund, chief executive officer of Statoil. Photograph: Andrey Rudakov/Bloomberg

Statoil, Norway’s largest t energy company, again delayed a development decision for the Johan Castberg project in the Arctic Barents Sea as it consi(...)

File photograph of a well owned part-owned by Tullow Oil. Photograph: Bloomberg

A group of US senators have praised public disclosures made by Irish company Tullow Oil on payments made to foreign governments in their call for tran(...)

There were declines today for Ryanair, which fell 0.7 per cent to €6.83. Photograph: Alan Betson

European stocks rose to a three-week high as companies from Deutsche Bank to Statoil reported earnings that b(...)

The Suncor oil sands extraction facility near the town of Fort McMurray in Alberta, Canada. Photograph: Mark Ralston/AFP

At a time of Russian sabre-rattling and with the Middle East in turmoil, a welcome geopolitical treble win could be on the cards. The United St(...)

Shell said it would postpone the project to provide subsea compression at Ormen Lange, Norway’s second-biggest gas field, because costs have soared and the technology is uncertain. Photograph: Simon Dawson/Bloomberg

Royal Dutch Shell has dropped an innovative project to provide compression for a major Norwegian gas field without the need for a platform, dea(...)

Total will join other majors, ExxonMobil, Statoil and Royal Dutch Shell, to develop Russian shale oil, a key driver in Moscow’s efforts to at least maintain its oil output at more than 10 million barrels per day.  Photograph: Fabrice Dimier/Bloomberg

French oil major Total has secured the rights to explore three hard-to-recover oil blocks in West Siberia, according to a statement on the webs(...)

Aer Lingus and Ryanair had contrasting days. While Aer Lingus rose by 0.6 per cent to €1.409, Ryanair closed down 2.3 per cent at €6.60 on profit taking. Photograph: Alan Betson

European stocks posted a gain in the first full week of 2014, as data showed US and German unemployment fell and that Ireland returned to the bond mar(...)

The Kingfisher well, Block 3A, owned by Tullow Oil, sits at the Lake Albert Rift Basin, in Uganda.

Britain’s top share index rose this morning, rebounding from losses in the previous session as bid speculation boosted Tullow Oil. The blue-chip FTSE(...)

The Corrib terminal. The Corrib gas partners had hoped gas would be brought ashore in 2011 - but this was before An Bord Pleanála ruled that half of a proposed overground pipeline would be unsafe, necessitating the construction of the tunnel.

The Corrib Gas partners are now counting the cost of a contentious An Bord Pleanála ruling as the bill for the project is set to hit almost €3.4 billi(...)

 Richard Boyd Barrett:  claimed oil companies were waiting for an opportune moment to extract Irish oil and get maximum profits.

The Government is re-examining the terms of oil exploration licences, Minister of State Fergus O’Dowd has confirmed. But he insisted “there are no hid(...)