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Founding chief executive  Aidan Heavey will hand over to chief operating officer, Paul McDade.

Tullow Oil received backing from its shareholders at a meeting in London on Wednesday to complete a £607 million (€710 million) share sale to bolster (...)

Aidan Heavey will remain chairman of Tullow Oil for up to two years. Photograph: Nick Bradshaw

Tullow Oil has unveiled plans to raise £607 million (€695 million) through a share sale offered to existing shareholders at a deeply discounted price (...)

Total US foreign direct investment into Ireland topped €292 billion as of 2014 and any plans by the Trump administration to slow investment overseas would be a concern for Ireland. Photograph: Niall Carson/PA Wire

Taoiseach Enda Kenny will be bringing far more than just a bowl of shamrock to the White House on Thursday for his St Patrick’s Day meeting with Dona(...)

Tullow Oil chief executive Aidan Heavey, who steps down next month.

Tullow Oil’s incoming chief executive, Paul McDade, will start off next month on an 18 per cent lower salary and significantly reduced bonus plan comp(...)

Total has taken a further 30 per cent stake in Grandview, which trades under the names of The Oppenheimer Group and Oppy

Total Produce has reported an 8.2 per cent rise in full-year pretax profits as also announced it has upped its stake in the Canadian company Grandview(...)

Aidan Heavey’s calling card as the longest-serving FTSE 100 chief executive ended two years ago when Tullow Oil, fell out of the prestigious index as its value plummeted on tumbling oil prices. Photograph: Nick Bradshaw

Aidan Heavey’s calling card as the longest-serving FTSE 100 chief executive ended two years ago when Tullow Oil, the explorer he founded in 1985, fell(...)

Tullow Oil’s founder Aidan Heavey is to step down  after more than 30 years as CEO. Photograph: Nick Bradshaw

Tullow Oil’s founder Aidan Heavey will step down as chief executive in April to become chairman for up to two years as the exploration group undergoes(...)

The New York Stock Exchange. The Nasdaq hit a record intraday high of 5,553.69 early on Tuesday as its good run continues. Photograph: Michael Nagle/Bloomberg

Stocks rose worldwide on Tuesday supported by a rally in commodities such as copper and precious metals, while the dollar fell on investor caution ahe(...)

The FTSE 100 rose 0.4 per cent  on Monday after hitting an all-time high of 7,243.76 points in its 10th straight session of gain. Photograph:  Lauren Hurley/PA

European shares slipped on Monday as a pullback in bank stocks more than offset a stronger tech sector, while a drop in the pound drove Britain’s FTS(...)

Tullow Oil chief executive Aidan Heavey. The deal involves an initial $100 million cash payment, with a further $50 million due when the final investment decision has been made. Photograph: Nick Bradshaw

Tullow Oil said on Monday it has agreed to sell a stake in a Ugandan oil project to French group Total for a total consideration of $900 million (€851(...)

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