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A Tullow Oil drilling block in Kenya. Photograph: Tony Karumbatony/Getty Images

Tullow Oil could be in line for a $200 million (€177 million) boost this year after agreeing a tax settlement with Uganda’s government. The deal will (...)

 Italian prime minister Giuseppe Conte at European Council in Brussels in June, 2018. Photograph: EPA/ Julien Warnand

Leaders of the seven EU Mediterranean countries will gather in Cyprus on Tuesday for a summit on migration, European energy, security, euro zone refor(...)

 François Villeroy de Galhau, governor of the  central bank of France; 16-year-old Swedish climate activist Greta Thunberg and John J Haley, CEO of Willis Tower Watson, during a panel session in Davos.

Three months after scores of business and political figures shunned a Riyadh investment forum, dubbed “Davos in the Desert”, following the killing of (...)

Explosion at the Gulf Oil terminal at Whiddy Island, Bantry, Co Cork, in which 51 people died as the French tanker The Betelgeuse unloaded its cargo. Photograph: Paddy Whelan

Michael Kingston had just celebrated his fourth birthday the day before his father, Tim, was killed in the Whiddy Island terminal disaster on January (...)

US national security adviser John Bolton speaks on Tuesday at a forum in New York sponsored by a group intensely critical of the Iran nuclear accord. Photograph: Darren Ornitz/Reuters

The Trump administration has issued a stark warning to the United States’s closest European allies, threatening to sharply penalise European governmen(...)

British Airways will make its final trip to the Iranian capital on September 22nd

Two of Europe’s biggest carriers, Air France-KLM Group and British Airways, said they’ll suspend services to Iran, citing the reduced commercial viabi(...)

The renewed US sanctions took effect in August, after the US pulled out from the nuclear deal in May.

France’s oil giant Total has pulled out of Iran after cancelling its $5 billion (£3.9 billion), 20-year agreement to develop the country’s massive Sou(...)

Danish jewellery maker Pandora, sank 24.2% to a four-year low after cutting its sales and profit margin guidance  and announcing  400 job cuts

European shares rose on Tuesday and made their way back to positive territory for 2018 as investors cheered UniCredit results, oil prices boosted ener(...)

Aidan Heavey: a true trail blazer in Irish exploration  Photograph: Nick Bradshaw

Tullow Oil founder Aidan Heavey is stepping down as chairman of the exploration group he founded 32 years ago. Mr Heavey became chairman last year af(...)

Tullow expects full-year production from working oil and gas wells in West Africa and the North Sea to be 89,000 to 95,000 barrels a day. File photograph: Getty Images

Explorer Tullow Oil will next year begin drilling in an area close to where rival Exxon Mobil has discovered four billion barrels of crude, worth abou(...)

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