An oil rig operating in Barryroe, 50km from Co Cork. Taoiseach Leo Varadkar has said the Government will ban oil exploration off the Republic’s Atlantic coast. File photograph: PA

Providence Resources will seek a new partner to develop its Barryroe oil fields following the latest failure of Chinese backer Apec to loan it $9 mill(...)

Angelo Agrizzi, former COO of Bosasa, testifies at the commission of inquiry  in January in Johannesburg. Photograph:  by Wikus de Wet/AFP/Getty

A multimillion-euro facilities management company that has been implicated in a massive public sector corruption scandal in South Africa has gone into(...)

Jacob Zuma, former president of South Africa. Photograph: Rogan Ward/File Photo/Reuters

A Dublin-based oil and gas company has been drawn into a massive corruption scandal in South Africa by a whistleblower testifying at a commission of i(...)

Irish boardrooms are among the least diverse in Europe, and the gene pool from which non-executive directors are fished has always been relatively sha(...)

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(...)

Tony O’Reilly jnr: the Providence boss has a shares option that can only be activated if the share price reaches 45 cent, four times the current market rate. Photograph: Cyril Byrne/The Irish Times

*Providence boss Tony O’Reilly jnr has been offered a generous stock option package if he can revive the oil company’s ailing fortunes. Under a new m(...)

Providence chairman James McCarthy   and chief executive Tony O’Reilly at the oil exploration group’s egm in July. Photograph: Brenda Fitzsimons

Shareholders at Providence Resources are pushing for an overhaul of the board in the wake of the company’s latest capital raise. The oil and gas expl(...)

 PrePay Power CEO Andrew Collins. Photograph:  Nick Bradshaw

To build up one thriving business, practically from scratch, takes a lorry load of effort and no shortage of luck. To do it all over again takes eve(...)

Falcon chief executive Philip O’Quigley

Losses almost halved at Dublin-based exploration company Falcon Oil & Gas in the first nine months of the year to $2 million (€1.87m) from $3.97 m(...)

Philip O’Quigley: the  CEO of Falcon Oil & Gas said the drilling results in Australia  had exceeded expectations. Photograph: Dara Mac Dónaill

Falcon Oil & Gas, an exploration company chaired by industry veteran John Craven, saw its share price surge by close to 8 per cent on Tuesday afte(...)

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