Providence’s Barryroe Well off the coast of Co. Cork, which may become Ireland’s first commercial oil well. Photograph: Finbarr O’Rourke

Having sold its last production interests in 2012, the Irish oil and gas exploration group Providence Resources said its main focus in the six months(...)

Providence Resources chief executive Tony O Reilly with chairman  Brian Hillery and John O’Sullivan, technical director (left). Photo: Dara Mac Dónaill/The Irish Times

Irish oil and gas explorer Providence Resources fell the most in over a year in Dublin trading as it sketched out plans to abandon an exploration well(...)

In his twice-yearly report to Congress on monetary policy, US Federal Reserve chairman Ben Bernanke  said the Fed’s bond- buying programme would cease by mid-2014, but stressed the plan was not set in stone. Photograph: Pete Marovich/Bloomberg

US Federal Reserve chairman Ben Bernanke gave a modest boost to stock markets around the world yesterday, by reassuring that the US central bank’s mon(...)

At the Providence Resources agm yesterday were (from left) chairman Dr Brian Hillery and chief executive Tony O’Reilly

Oil and gas exploration company Providence Resources has said it hopes to bring in a major partner to exploit its Barryroe oil field in the Celtic Sea(...)

The drilling programme at Barryroe in 6 different basins offshore Ireland is the largest in the history of the State. Picture: Finbarr O’Rourke

Oil and gas exploration firm Providence Resources said 2012 was a “landmark” year for the company, as it completed its first well at Bar(...)

Fastnet say the Shanagarry block off the south coast shows ‘great potential’ for oil and gas. The site is close to Barryroe where Providence Resources found significant quantities last year. Photograph:  Finbarr O'Rourke

An independent assessment of explorer Fastnet Oil and Gas’s Shanagarry block off the south coast indicates that it could contain close to 1.3 b(...)

An oil rig at Barryroe, which is located 50km off the coast of Cork. Photograph: Finbarr O'Rourke/Providence Resources

Irish oil and gas exploration firm Providence Resources has published a third-party audit of its Barryroe oil field off the coast of Ire(...)

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