News | Latest Breaking News Stories & Headlines

Petroceltic to issue up to $175m three year secured bond in line with its long term strategy

Petroceltic reports loss of $282m for last year

Exploration company Petroceltic has reported a loss of $282m for the year to the end of December.

Shares fall as Tullow makes first loss in 15 years

Exploration company Tullow Oil has reported a $2 billion pre-tax loss and has scrapped a dividend payment as it deals with the consequences of fallen oil prices.

Business • 11 Feb 15

The company said it had identified enough gold to sustain the industry in Tyrone for 18 years

Canadian firm plans to dig for gold in Co Tyrone

A Canadian exploration company has claimed that Northern Ireland has the seventh richest undeveloped seam of gold in the world.

Business • 03 Dec 14

Fastnet Oil & Gas executive chairman Cathal Friel upbeat on the months ahead

Fastnet Oil and Gas upbeat on Morocco & Ireland

Fastnet Oil and Gas has reported a net loss of $856,000 for the six months to the end of September but said that it has cash reserves of $10.9m.

Business • 19 Dec 13

Tullow Oil issues upbeat interim management statement

Tullow on track to produce record levels of oil

Exploration company Tullow Oil has said it is on track to produce a record quantity of oil by the end of this year.

Business • 13 Nov 13

Petroneft revenues for 2012 rise to $34.6m from $29m

Petroneft losses narrow despite challenges

Exploration company Petroneft said its losses for the year to the end of December narrowed to $2.8m from $16.4m the previous year.

Business • 28 Jun 13

Oil companies are showing increased interest in the Irish coast

Europa attracts interest over Irish partnerships

British minnow Europa Oil & Gas, which snapped up two areas off Ireland's coast before big companies came to see the region as a new bright spot for exploration, said it has received partnership interest from oil majors.

Business • 18 Feb 13