Repsol

Apec purchased 50% of southwest coast field thought to hold over 300 million oil barrels

Drilling licence is operated by Eni Ireland roughly 170km off Irish southwest coast

Our response to the Apple tax ruling has not gone down well in Spain and elsewhere

Development follows exit of ExxonMobil from process

FTSE 100 steadies near a one-month low as gains at BT and RSA offset declines

In Dublin, Paddy Power shares rise to nearly €136 ahead of merger with Betfair

Shares in ArcelorMittal fell 3.1 per cent on profit taking, Adidas fell 1.3 per cent

Economic reports reinforced the sense of uncertainty at opening of quarter’s trading

Felipe González cuts short trip after being denied visit to politicians in jail

Neart na Gaoithe one of four wind farms to face environmental challenge in court

Offshore survival training a joint venture with Cork-based simulator manufacturer

Acquisition will boost Repsol’s exploration and production arm

Deal could value Canada’s Talisman’s equity at up to $8 billion

Buenos Aires fails to make €539m payment but some investors are hopeful of resolution

Standard & Poor’s cuts country’s credit rating to ‘selective default’ before deadline

In the wake of a bond rally, the markets may be downplaying danger of a default