Cairn Energy

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Chairman Gary McGann and chief executive Kevin Toland at Aryzta’s AGM in 2017. The company reports half-year results on Tuesday.  Photograph: Alan Betson

MONDAY Indicators: Irish construction PMI (Feb); German industrial production (Jan), exports and imports (Jan); US consumer inflation expectations ((...)

Permanent TSB came under fire for turning down a request to appear before the Oireachtas finance committee over plans to sell €3.7 billion in mortgages. Photograph: Alan Betson

Monday Results: Aryzta, Aralez Pharmaceuticals. Indicators: Irish construction PMI (Feb); US consumer inflation expectations (Feb). Meetings: Dub(...)

A former top HSBC banker has been found guilty of defrauding a client in a $3.5 billion currency deal, a landmark legal decision that could have far-r(...)

A rig at Barryroe, which is an oil and gas field in the Celtic Sea south of Cork

Oil and gas explorer Providence Resources remains “very optimistic” about its prospects and those of the sector despite recent setbacks, the company h(...)

Providence Resources has put out a request for pricing on a rig for its prospect at Barryroe, off the coast of Cork. Photograph: Finbarr O’Rourke

Shares in Providence Resources took a kicking on Monday after the Irish explorer run by Tony O’Reilly jnr revealed its Drombeg prospect off the southw(...)

 Chief executive of Providence Tony O’Reilly: he   said the results were “disappointing”. Photograph: Brenda Fitzsimons

Shares in Irish oil and gas exploration company Providence Resources slumped by more than a third as it delivered “disappointing” news on Monday that (...)

Shares in oil company Cairn Energy rose on Tuesday after it raised its estimate of the resources it believes can be recovered from a key offshore proj(...)

 CEO Robert Pitt  (left)  and Leslie Buckley, chairman, at an Independent News & Media egm last year. Photograph: Cyril Byrne

MONDAY (August 21st) Indicators: UK public sector net borrowing (July), US home prices (June) Meetings: Sixth International Conference on Future Gen(...)

The Stena ‘IceMAX’ has been contracted by providence at a cost of $185,000 per day to drill the wells.

Drilling has commenced at an exploration well operated by Providence Resources off the south-west coast of Ireland in the southern Porcupine Basin. (...)

Providence has signed another option agreement with Capricorn Ireland, a subsidiary of Cairn Energy. Photograph: iStock

Oil and gas exploration company Providence Resources was trading up 8.33 per cent in early trade on Ireland’s benchmark Iseq index after it announced (...)

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