Photograph: iStock

Irish oil and gas exploration company Petrel Resources has issued its preliminary results for the year ended December 31st 2018, providing an update o(...)

Petrel has 104.5 million ordinary shares in issue with each share of equal rank. Photograph: iStock

Irish oil company Petrel Resources raised £400,000 (€447,880) after placing an additional 21.6 million shares. The company, chaired by John Teeling, (...)

Petrel Resources recorded an operating loss of €104,000 for the period to June 30th, compares with €207,000 in the previous year. Photograph: iStock

Irish oil company Petrel Resources narrowed its losses in the first six months of the year. The firm recorded an operating loss of €104,000 for the (...)

Petrel Resources managing director David Horgan and the company’s chairman, John Teeling. Photograph: Brenda Fitzsimons

Ukraine has warned Irish oil company Petrel Resources about its plan to develop an energy project with Russian monopoly Gazprom in Crimea, Ukrainian t(...)

The construction site of TurkStream and  Gazprom gas pipelines  in the Black Sea. Photograph:  TurkStream Project/Anadolu Agency/Getty

An executive from John Teeling’s Petrel Resources held informal talks with Russian gas monopoly Gazprom about developing an energy project in Crimea, (...)

Iraqi oil production had crept up to 4.65 million barrels of oil daily by the November 2016 Opec deal

Irish oil and gas explorer Petrel Resources has informed shareholders at Monday’s AGM of an improvement in the geopolitical situations in Ghana and Ir(...)

The company said there had been an increase in the global demand for oil

Irish oil and gas explorer Petrel Resources has said it will increase its activity in the Atlantic Ocean’s porcupine basin when a new well is drilled (...)

Investing in exploration is not for the faint-hearted. Photograph:  Finbarr O’Rourke

As get-rich-quick schemes go, searching for oil or gold could be the most foolish of them all. “Investing in exploration is not for the faint-hearte(...)

John Teeling, chairman of Petrel Resources: Woodside Energy, its  partner in two exploration blocks  off Ireland’s west coast, was awaiting Government approval to conduct a seismic campaign

Veteran exploration investor John Teeling, chairman of Petrel Resources, told the company’s agm in Dublin yesterday that it was preparing an applicati(...)

Petrel Resources chairman John Teeling. Photograph: Dave Meehan

Losses at Petrel Resources widened to almost €3 million in 2014 as impairments in its exploration and evaluation assets reached more than €2.5 millio(...)

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