Petronas

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The Kinsale Alpha platform

Stena Drilling, a division of ferry operator Stena Group, has won a multimillion euro contract to decommission one of the State’s largest gas fields. (...)

 The Scarborough Shoal in the South China Sea. It  was previously administered by the Philippines before being claimed by China in 2012. Photograph: Adam Dean/The New York Times

Concerns are growing across Asia and in Washington that Beijing is intent on pushing its presence in the energy-rich and disputed South China Sea whil(...)

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(...)

Public enterprises minister Pravin Gordhan  testifies at the state capture inquiry in Johannesburg, which is investigating public sector corruption in South Africa. Photograph: EPA

Evidence that former president Jacob Zuma was a key facilitator of attempts to plunder state resources is mounting at an inquiry looking into public s(...)

Tullow Oil executive chairman Pat Plunkett: T5 has been holding talks with firms that could privately take a stake in the company. File photograph: Dara Mac Dónaill

T5 Oil & Gas, an Africa-focused exploration company founded by a group of Tullow Oil veterans, has postponed plans for a Dublin and London stock m(...)

A glowing globe and the words Earth Hour pictured in front of the unlit Brandenburg Gate shortly after the beginning of the international Earth Hour in Berlin. Photograph: Paul Zinken/AFP/Getty Images

Countries around the world have been switching off the lights for Earth Hour – a global call for international unity on the importance of climate chan(...)

Saudi Arabia’s energy minister  Khalid Al-Falih: said he expected an Opec-led deal to cut output to be extended to the rest of 2017 “and possibly beyond”. Photograph: Reuters

Saudi Arabia’s energy minister Khalid Al-Falih said on Monday that oil markets were rebalancing after years of oversupply, but that he still expected (...)

Irish driver Martin Donnelly: “We should still be excited about F1”

Formula 1 is in crisis. With another year of domination by the Mercedes team on the cards the viewing public have been switching off in droves. Part(...)

A Hanergy exhibition stand at a Clean Energy Expo in Beijing recently:  China’s Hanergy Thin Film Power Group is under investigation by Hong Kong’s market watchdog,  after the company lost half its market value of nearly $40 billion in 24 minutes on May 20, 2015. Photograph:  REUTERS

Muted sentiment augurs well for stocks The S&P 500 may be at all-time highs, but the latest Merrill Lynch monthly fund manager survey shows invest(...)

Fergal Murphy CEO of Kinsale Energy and former Minister of State for Natural Resources Conor Lenihan  pictured on a visit to the Kinsale gas platform.

Irish exploration firm Lansdowne Oil and Gas has sold a majority stake in its Midleton/East Kinsale gas prospect to Kinsale Energy, a subsidiary of Ma(...)

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