Philip O’Quigley, chief executive, Falcon Oil & Gas: “Shareholders don’t want to wait 20 years for a payback. We’re setting ourselves up to sell. Ultimately, that’s what we want to do.” Photograph: Dara Mac Dónaill

Philip O’Quigley, the chief executive of Falcon Oil & Gas, leans back in his chair on the balcony outside his Dublin office, balancing it momen(...)

Fastnet Oil’s Deep Kinsale target off the south coast could contain 2.3 billion barrels of oil.

An independent assessment of explorer Fastnet Oil and Gas’s Deep Kinsale target off the south coast indicates that it could contain 2.3 billion(...)