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Tony O’Reilly jnr said that, after more than two decades with Providence, “it is time for me to pursue new opportunities”. Photograph: Dara Mac Dónaill

Tony O’Reilly jnr has stepped down as chief executive of Providence Resources with immediate effect, after a tumultuous year for the oil and gas expl(...)

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(...)

The Corrib Gas field is due to run out in 2025. Photograph: Alan Betson

The Republic this week joined Belize, Costa Rica, France and New Zealand in banning oil exploration. Taoiseach Leo Varadkar told the United Nations th(...)

Eni and Mainstream will make a joint bid in the fourth round of Britain’s offshore wind-leasing tenders

Mainstream Renewable Power, the green energy group founded over a decade ago by businessman Eddie O’Connor, has signed a co-operation agreement with E(...)

Providence Resources has stated that its Barryroe field off the Cork coast could produce close to 350 million barrels of oil. Photograph: Finbarr O’Rourke

The Government published a guide for fossil fuel exploration licence applications just weeks before Taoiseach Leo Varadkar announced a ban on this act(...)

Italian deputy-premier and interior minister Matteo Salvini addresses the Senate in Rome, on Thursday. Buzzfeed has reported that a close aid to Mr Salvini held talks with Russian businessmen soliciting financing worth more than €1bn. Photograph:  Claudio Peri/EPA

Milan prosecutors have opened a corruption investigation into Italy’s far-right League party over allegations that it received funds from Moscow ahead(...)

President of Cyprus Nicos Anastasiades: has expressed “utmost satisfaction”with the EU’s  supportive stance. Photograph: Julian Warnand

The European Council’s willingness to contemplate measures against Turkey over its illegal drilling for natural gas off the coast of Cyprus has been m(...)

Tony O’Reilly jnr, chief executive  of Providence Resources. Photograph: Dara Mac Donaill / The Irish Times

Irish exploration company Providence Resources said the planned survey of the Dunquin South Well site at its Porcupine basin licence was being deferre(...)

Israel Folau: The response of the  New South Wales Waratahs and Rugby Australia  seems sure to signal the end of his rugby union career. Photograph: Jan Touzeau/EPA

The ever-escalating furore regarding the inflammatory and incendiary comments by Israel Folau, and supported by Billy Vunipola, provide the clearest e(...)

 Italian prime minister Giuseppe Conte at European Council in Brussels in June, 2018. Photograph: EPA/ Julien Warnand

Leaders of the seven EU Mediterranean countries will gather in Cyprus on Tuesday for a summit on migration, European energy, security, euro zone refor(...)

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