The site contains the Barryroe oil accumulation and lies in about 100 metres of water in the North Celtic Sea Basin.

Irish oil and gas explorer Providence Resources is to apply for new permission to survey a well site 50 km off the south coast of Ireland after An Tai(...)

Photograph: iStock

Irish-based oil and gas exploration firm Providence Resources has appointed Tullow Oil’s Dr Angus McCoss as senior independent director. Dr McCoss h(...)

Eventbrite CEO Julia Hartz stands beside her husband, Eventbrite co-founder and chairman Kevin Hartz, as she rings the ceremonial bell to celebrate their company’s IPO at the New York Stock Exchange on Thursday. Photograph: Brendan McDermid/Reuters

European shares joined in a worldwide rise in stock markets as fading concerns about the trade war between the US and China pushed investors into more(...)

Providence Resources’ loss before tax fell from €3.44m  to €2.37m  in the six months to the end of June 2018 compared to the same period last year.  Photograph: Finbarr O’Rourke

Oil and gas exploration company Providence Resources reduced its losses in the first half of the year when it completed an amended agreement to sell a(...)

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(...)

Tony O’Reilly jnr, CEO of Providence Resources. Photograph: Dara Mac Dónaill

Providence Resources, the exploration company run by Tony O’Reilly jnr, is considering a strategic pivot into the renewable energy sector. Providence(...)

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(...)

An appraisal well at Barryroe, off the coast of Cork

Operating losses at exploration firm Providence Resources widened in 2017 as the company incurred a €14.6 million writedown in its exploration activit(...)

 Photograph: Eric Luke / The Irish Times

Irish-based oil and gas exploration firm Providence Resources said its joint partners are seeking to convert the Avalon exploration prospect off the w(...)

Providence chief executive Tony O’Reilly. The company said it had granted a “period of exclusivity” with an unidentified party to take a stake in the Barryroe oil prospect. Photograph: Brenda Fitzsimons

Shares in Providence Resources soared on Thursday after the oil and gas explorer said it had entered exclusive talks to sell a stake in its Barryroe o(...)

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