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Photograph: iStock

Oil and gas exploration company PetroNeft said it has agreed a new convertible loan facility of $1.3 million with a group of five lenders. The compa(...)

Paul Dowling has left the board of Petroneft although he  will remain as chief financial officer of the company. (Photograph: Frank Miller /	THE IRISH TIMES)

Irish oil explorer Petroneft announced a board shake-up on Monday, bringing to an end a dispute with its largest shareholder, Natlata. Natlata, whi(...)

Natlata has accused PetroNeft’s board of mismanagement, saying it had failed to come up with a proper way to address the company’s finances other than to spend more money

Irish oil explorer PetroNeft has cancelled a restriction notice it recently issued against Natlata Partners in a bid to stop the shareholder from voti(...)

PetroNeft announced on Monday it had reached agreement on the financing of the work programme for Licence 61

Dublin-headquartered oil and gas exploration firm PetroNeft has said the first tranche of a $35 million (€31.1m) loan to finance the work programme on(...)

PetroNeft said Licence 61 is currently producing about 2,400 barrels of oil per day

Dublin-headquartered oil and gas exploration firm PetroNeft has reached agreement on the financing of a $35 million (€31.1m) work programme with its p(...)

The curve of the German share price index DAX board is pictured at the Frankfurt stock exchange. Photograph: Reuters

European shares changed course to climb higher in late trading after fears that tensions over Ukraine would escalate were eased when Russian presid(...)

PetroNeft chairman David Golder at the company’s agm last year. Photograph: Eric Luke/Irish Times

Irish exploration company PetroNeft has been called upon to convene an extraordinary general meeting (egm) to discuss the removal of the majori(...)