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The award comes days after Providence agreed a €19 million deal with a subsidiary of French giant Total. Photograph: iStock

Oil and gas explorer Providence has awarded share options worth almost €640,000 to its chairman Pat Plunkett and four non-executive directors. The ne(...)

 British oil giant BP rebounded back into net profit in the first quarter, energised by deep cost-cutting and rising crude prices, the group announced on May 2, 2017.  Photograph: Getty Images

BP’s profit nearly tripled in the first quarter of 2017 from a year earlier thanks to higher oil prices and production, and as its sharp cost cutting (...)

Aidan Heavey: Mr Heavey (64) will continue to receive his chief executive remuneration and benefits for six months after stepping down

Tullow Oil’s outgoing chief executive, Aidan Heavey, has said he was “confident” the exploration group had the ability to prosper as he handed over t(...)

An oil drilling block managed by Tullow Oil in Kenya where it says  it continues to make good progress. Photograph: AFP

Investment banks and securities firms underwriting a $750 million (€706 million) Tullow Oil share sale are on track to avoid being left holding large (...)

Founding chief executive  Aidan Heavey will hand over to chief operating officer, Paul McDade.

Tullow Oil received backing from its shareholders at a meeting in London on Wednesday to complete a £607 million (€710 million) share sale to bolster (...)

Aidan Heavey will remain chairman of Tullow Oil for up to two years. Photograph: Nick Bradshaw

Tullow Oil has unveiled plans to raise £607 million (€695 million) through a share sale offered to existing shareholders at a deeply discounted price (...)

Total US foreign direct investment into Ireland topped €292 billion as of 2014 and any plans by the Trump administration to slow investment overseas would be a concern for Ireland. Photograph: Niall Carson/PA Wire

Taoiseach Enda Kenny will be bringing far more than just a bowl of shamrock to the White House on Thursday for his St Patrick’s Day meeting with Dona(...)

Tullow Oil chief executive Aidan Heavey, who steps down next month.

Tullow Oil’s incoming chief executive, Paul McDade, will start off next month on an 18 per cent lower salary and significantly reduced bonus plan comp(...)

Total has taken a further 30 per cent stake in Grandview, which trades under the names of The Oppenheimer Group and Oppy

Total Produce has reported an 8.2 per cent rise in full-year pretax profits as also announced it has upped its stake in the Canadian company Grandview(...)

Aidan Heavey’s calling card as the longest-serving FTSE 100 chief executive ended two years ago when Tullow Oil, fell out of the prestigious index as its value plummeted on tumbling oil prices. Photograph: Nick Bradshaw

Aidan Heavey’s calling card as the longest-serving FTSE 100 chief executive ended two years ago when Tullow Oil, the explorer he founded in 1985, fell(...)

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