Providence Resources chief executive Tony O’Reilly addressing shareholders at the explorer’s AGM last year. Providence hopes to raise $25.75 million in a share placing. Photo: Eric LukeThe Irish Times

Irish oil and gas exploration firm Providence Resources has announced details of a share placing which it hopes will raise $25.75 million for the comp(...)

Company run by Tony O’Reilly jnr issued a statement partly confirming the rumours. Photograph: Eric Luke/The Irish Times

The share price of Providence Resources slumped by about 15 per cent on Friday after the oil explorer run by Tony O’Reilly jnr confirmed it was lookin(...)

A Providence Resources oil rig operating in Barryroe, 50km from Co Cork. Providence has reached commercial terms with a partner to develop the Barryroe oil field in the Celtic Sea.

Irish exploration firm Providence Resources has acquired Chrysaor Exploration & Production Ireland Limited (CEPIL), and reached commercial terms (...)

Sir Anthony O’Reilly’s 49 per cent share in Fitzwilton is likely to be eventually sold to go towards his creditors

Fitzwilton, the manufacturing group owned by Sir Anthony O’Reilly and his brother-in-law Peter Goulandris, returned to profitability last year, accor(...)

 Sir Anthony O’Reilly: his finances may have gone into the darkness, but his remarkable life remains a subject of fascination. File photograph: Frank Miller

The unexpected downfall of Tony O’Reilly was all over the papers. It was January 1963 and for the first and only time in his life, O’Reilly had been d(...)

Ryanair climbed 3.16 % as markets continued to react positively to its launch of a business-class service. Photograph: Rui Vieira/PA Wire

The Iseq rose by a solid 0.8 per cent yesterday, as European stocks generally advanced in the final minutes of trading after remaining little changed (...)

Providence Resources chairman Dr Brian Hillery (left) and chief executive Tony O’Reilly at the exploration company’s annual general meeting in Dublin today. Photo: Eric Luke/The Irish Times

Irish exploration company Providence Resources has said the process of finding a farm–out partner for the Barryroe oil field off the coast of Cork (...)

The TWMA Providence drilling rig in the Barryroe field. The exploration company said this morning that drilling at its Spanish Point appraisal well off the west coast of Ireland has been delayed until 2015.

Shares at Providence Resources are down 9 per cent in London trading after the company announced that drilling at the Spanish Point appraisal well off(...)

Providence has an 80 per cent share in the Drombeg licence

Irish oil and gas exploration firm Providence Resources said on Monday that 3D seismic surveying operations have begun on its Drombeg prospect off the(...)

Minister for Communications, Energy and Natural Resources Pat Rabbitte: “If Germany, France and Britain are not undergrounding, is it reasonable for people to expect us to do so?”  Photograph: Dara Mac Dónaill/The Irish Times

Minister for Communications, Energy and Natural Resources Pat Rabbitte has said he expects a statement this week from an independent panel to review(...)

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