Shares in Irish exploration company United Oil and Gas surged by nearly 10% on the back of drilling at one of its UK licences uncovering a "bonus" discovery.

British mineral exploration company Erris Resources is to use £4m (€4.5m) in flotation proceeds to fund the development of zinc assets in Ireland and has said it is open to acquiring further mining licences here.

It’s the taboo word within the club game.

A DISTURBING feature of the Corrib gas dispute has been gross misrepresentation of the Shell to Sea campaign by the Irish sensationalist press. This warping of the true nature of the dispute does a grave disservice to Irish democracy.

THE Government has offered Shell a 16-year licence to drill for oil and gas off the Co Donegal coast.