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(...)

Following the agreement, the court made absolute a conditional order, granted last week, which gave AIB priority over Mr O’Reilly’s other creditors in relation to the shares. Photograph: David Levenson/Getty Images

Agreement has been reached between a number of creditors of businessman Tony O’Reilly relating to AIB’s efforts to get a priority charge over €2.7 mi(...)

 Enda O’Doherty, a subeditor at the ‘Irish Press’ group, giving out the final issue of the XPress – the publication produced by NUJ members during the dispute. Photograph: Jack McManus/The Irish Times 11:46

A hundred metres down the street from Denis O’Brien’s Communicorp headquarters is a small brass plaque reading “Irish Press plc”. It is a humble remin(...)

Elena Baturina, known as Russia’s richest woman, bought the Morrison Hotel in Dublin for €20 million and spent €7 million refurbishing it.  Photograph: Gareth Chaney/Collins

The world’s richest people are an important potential source of Irish property investment, according to a new report. With the euro almost at parity(...)

Providence, the Irish oil and gas exploration and appraisal company, said on Tuesday that it has deferred an appraisal/exploration well at its Spanish(...)

Brian O’Cathain, Chief Executive Officer, at the Petroceltic EGM, in Kildare Street, Dublin. Photograph: Dara Mac Dónaill

Petroceltic’s Brian O’Cathain can pat himself on the back for a job well done after comprehensively seeing off a challenge yesterday from activist inv(...)

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(...)

Colm Rapple, who has died aged 74, became – after a many-faceted youth – a journalist’s journalist, a lodestone for many in the craft who learned t(...)

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 (...)