Statoil jumped 6.1 per cent after Norway’s biggest oil company unexpectedly posted a profit

Energy companies pushed European equities up for a second day running, amid better-than-estimated earnings reports and news of oil reaching $45 a barr(...)

 BP reported a first quarter loss of $583 million  against profits of $2.6 billion a year earlier as it continues to suffer from sharply lower oil prices. (Photograph:  Dominic Lipinski/PA Wire)

BP said on Tuesday it could cut capital spending further after reporting an 80 per cent drop in profits in the first quarter of the year, when oil pr(...)

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 (...)

Sorcha takes one look at me and goes, “Oh my God, Ross, why aren’t you dressed?” I’m wearing Cantos and my Leinster training top. I would consider my(...)

Tenacity, determination and a bit of luck: Jill Tully, Oonagh Sands, Karen McMonagle, Gráinne McNamara and Kathleen Garrett

Grainne McNamara Principal, PricewaterhouseCoopers (PwC) Working with PwC’s Capital Markets team, McNamara is currently focused on how emerging tec(...)

The Irish Offshore Operators’ Association welcomed the interest which they said was not a surprise despite the low price of a barrel of oil

A record number of licencing options for offshore exploration have been received by the Government despite the drop in the price of oil. Some 43 ap(...)

Colm and Gabielle Henry live at Glengad, Co Mayo. Their home overlooks Sruwaddacon Bay and  the pipeline’s landfall. Photograph: Keith Heneghan

The €3.5 billion Corrib gas development is due to be opened by Minister of State for Natural Resources Joe McHugh on Monday, almost 20 years after the(...)

Tesco Plc climbed 6.1 percent after reporting its first sales growth in more than four years. Photograph: Luke MacGregor/Reuters

European stocks fell, snapping a two-day rebound, amid renewed concern about global-growth prospects. The Stoxx Europe 600 declined 1.5 per cent at t(...)

The Rossport five: Michael Ó Seighin, Brendan Philbin, Willie Corduff, Vincent McGrath and Philip McGrath leaving the Four Courts after being released from prison in 2005.

As gas is flared into the skies above north Mayo, it is worth reflecting on a project that has been one of modern Ireland’s greatest scandals, a stunn(...)

Sedco 711 drilling rig at the Corrib gas field. It is a semi-submersible drilling unit capable of operating in harsh environments and water depth of up to 550m.

1996: Gas discovery reported 83 km off Mayo by Enterprise Energy Ireland (EEI). August 2001: Mayo County Council approved permission for an onshore(...)