Exxon Mobil

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Weak corporate earnings in the pharmaceutical sector weighed on sentiment already soured by escalating trade issues.  Photograph: Bloomberg

European shares dipped on Wednesday as poor corporate earnings in the pharmaceutical sector weighed on sentiment already soured by trade tensions, wit(...)

Aidan Heavey: a true trail blazer in Irish exploration  Photograph: Nick Bradshaw

Tullow Oil founder Aidan Heavey is stepping down as chairman of the exploration group he founded 32 years ago. Mr Heavey became chairman last year af(...)

Tullow expects full-year production from working oil and gas wells in West Africa and the North Sea to be 89,000 to 95,000 barrels a day. File photograph: Getty Images

Explorer Tullow Oil will next year begin drilling in an area close to where rival Exxon Mobil has discovered four billion barrels of crude, worth abou(...)

June data on retail spending looks set to confirm a strong first half of the year as a resurgent economy, falling prices and higher personal income see more spending at the till. Photograph: Bryan O’Brien

Monday Results: Ryanair, Alphabet, Whirlpool, Hasbro. Indicators: Euro-zone consumer confidence flash (Jul). Ryanair investors only have to look(...)

Providence Resources chief executive Tony O’Reilly jnr. The company said there was renewed international interest in the Dunquin South area off the Kerry coast.

Irish-based exploration company Providence Resources has received new data that suggests a site off the southwest coast may yield oil. The company, w(...)

Traders work on the floor of the New York Stock Exchange on July 16th. Photograph: Brendan McDermid/Reuters

Oil prices dropped 3 per cent on Monday, putting pressure on energy shares and keeping global stock markets in check, although financial shares rallie(...)

Tony O’Reilly jnr in his Providence Resources office in Dublin. “I’m proud that we’re a little Irish company punching above its weight. We physically operated last year the deepest well that’s ever been drilled in the north Atlantic.”  Photograph: Dara Mac Dónaill

Broadly speaking, there are two different types of oil hunters. There’s the science ones, usually geologists or engineers. Then there’s the money guys(...)

The UK’s top share index held its ground as investors assess  Theresa May’s ability to deliver a smooth exit from the EU.

Political bickering failed to impact most markets on Tuesday, although the Republic’s Iseq overall index dropped as its peers advanced. The UK’s top (...)

Apple’s current dominance pales in comparison to that enjoyed by IBM in the mid-1980s. Photograph: by Jaap Arriens/NurPhoto via Getty Images

The race to become America’s first trillion-dollar company is likely to be settled sooner rather than later, with Apple in pole position to finally cr(...)

Energy stocks galvanised by an Opec agreement on a modest increase in oil production helped drive a bounce in European shares. Photograph: Heinz-Peter Bader/Reuters

Better-than-expected euro zone economic data and energy stocks galvanised by an Opec agreement on a modest increase in oil production helped drive a b(...)

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