Barryroe lies about 50km from the Cork coast in the Celtic Sea under 100m of water. Photgraph: Finbarr O’Rourke

Oil could flow from the Barryroe field off the Cork coast within three years after Providence Resources signed a development deal with Norwegian conso(...)

Operating losses fell to €1 million in the first half

Oil could begin flowing from the Barryroe field off the south coast in around two years, Providence Resources chief executive, Alan Linn, estimated on(...)

None of the companies exploring for oil and gas in Irish waters rated the industry’s prospects as “extremely favourable” over the next two years. Photograph:  Shell E&P Ireland Limited

Oil and gas companies have greeted Taoiseach Leo Varadkar’s proposed ban on exploration in Irish waters with “trepidation”, a new report says. Mr Var(...)

Providence chief executive Tony O’Reilly junior.

Oil and gas company Providence Resources still hopes to get a $9 million loan from Chinese partner Apec Energy Enterprises despite a three-month delay(...)

The award comes days after Providence agreed a €19 million deal with a subsidiary of French giant Total. Photograph: iStock

Oil and gas explorer Providence has awarded share options worth almost €640,000 to its chairman Pat Plunkett and four non-executive directors. The ne(...)

Cairn subsidiary Capricorn Ireland will take a 30% share in a Providence Resources-controlled exploration licence FEL 2/14 in the Porcupine Basin about 200km west of Kerry

Oil and gas explorer Cairn Energy could spend up to €40.3 million on Irish projects following two deals announced on Wednesday. The Independent Scott(...)