An Island-based company has been granted a licence to explore Manx waters for oil and gas.
It's been awarded to Crogga - a company set up by residents with experience in that sector.
It will allow the organisation to look at an area of 266-square kilometres off the east coast of the Island.
Initial seismic surveys are subject to approval from the Department of Environment, Food & Agriculture - any future stages such as exploratory drilling will require further consent and approvals.
New Sanctions Act now in force
Today is the first day a new Sanctions Act comes into force on the Island.
Bushy's TT village sponsor announced
Bushy's TT Village will be sponsored by sustainable energy company Ørsted.
Sure IOM launches new Home Visit service
An Island telecoms company is launching a Home Visit service to help customers with any broadband/Wi-Fi issues.
Business marks Island security first
A local business has become the first on the Island to be given a membership by a police security initiative.
Industrial estate plans for former mine
A St Marks company says it's hoping to build 20 industrial units on a former mine in Foxdale.
Island slips down finance centre rankings
The Isle of Man has dropped nine places in an index of the world's best financial centres.
Police raid egaming firm's offices
Police say they carried out raids at two offices of an egaming company this week.
Skills shortage strategy launched by DESC
A new strategy to tackle a skills shortage on the Island has been revealed.
