8 results

Operating losses rose to €13 million versus €6.5 million with a loss per share of 19.57 cents versus 17.77 cents in 2014.

Providence, the Irish oil and gas explorer headed by Tony O’Reilly, saw losses more than double last year as it reported progress in realising value f(...)

Providence, the Irish oil and gas exploration and appraisal company, said on Tuesday that it has deferred an appraisal/exploration well at its Spanish(...)

Brian O’Cathain, Chief Executive Officer, at the Petroceltic EGM, in Kildare Street, Dublin. Photograph: Dara Mac Dónaill

Petroceltic’s Brian O’Cathain can pat himself on the back for a job well done after comprehensively seeing off a challenge yesterday from activist inv(...)

A well production test at the Corrib field, 80km offshore Co Mayo: Oil and natural gas prices have fallen sharply this year. Photograph: Shell E&P Ireland Ltd

Shell and its partners have handed a petroleum exploration licence for the Rockall Basin back to the State on the grounds that it has no further pote(...)

Minister for Communications, Energy and Natural Resources Pat Rabbitte recently told the Dáil eight-10 of the 13 exploration licence options issued by his department in 2011 are being converted to full licences. Photograph: Cyril Byrne

Oil and gas exploration off Ireland’s west coast is likely to step up over the next year despite ExxonMobil’s exit last week.The oil major abandoned a(...)

An Exxon spokesman  confirmed “there are no plans at present for further drilling in Irish waters”. Photograph: Reuters

ExxonMobil has no plans for further drilling in Irish waters after abandoning a well off the southwest coast where it failed to find commercial quanti(...)

Christian Zaschke’s article in Süddeutsche Zeitung last week, which claimed that Ireland’s political elite had failed its people, not least over oil rights,

Original introduction: Chancellor Merkel has “contempt” for Ireland’s bankers. But they are just one part of an elite that exploits the island sham(...)

 Neither of the gas interconnectors with Britain, built at a total cost of €600 million, can be used to export gas from here, as when they were built in 1993 and 2003 the Government was focused on securing supplies to meet high projected demand. Photograph: Christopher Furlong/Getty Images

State company Bord Gáis Networks is to investigate whether there is a need to invest €200 million in re-engineering its interconnectors with Br(...)