ENOC said buying Dragon Oil would help it become a fully-integrated global oil and gas company

Emirates National Oil Co (ENOC) , which already owns 54 percent of Dragon Oil, is proposing to buy the shares in the company it does not already own a(...)

Emirates National Oil, owner of 53 per cent of Dragon, said it intends to offer 735 pence a share, a premium of 44 per cent from March 13th, the day before the talks were initially disclosed. Photograph: Finbarr O’Rourke

Emirates National Oil Co. proposed to buy the shares in Dragon Oil Plc it doesn’t already own, valuing the Dubai-based producer at about £3.6 billion (...)

Supermarket chain Sainsbury rose after deciding to axe 800 store jobs in a drive to cut costs. Photographer: Matthew Lloyd/Bloomberg

European stocks declined yesterday as data showed euro zone output expanded at a slower pace in April and Ericsson-led technology shares lowered. A(...)

Dragon Oil said it had seen average gross production in the Cheleken Contract Area rise about 23 per cent to 88,700 barrels of oil per day in the first quarter of the year. Photograph: Daniel Acker/Bloomberg

International oil and gas exploration firm Dragon Oil said it was continuing to aim for a target of 100,000 barrels of oil per day by the end of this (...)

Domino’s Pizza: results out Thursday. Photograph: REUTERS/Luke MacGregor
For your diary

TODAY Results: Hasbro; M&T Bank; Morgan Stanley; Sanmina. Indicators: Euro zone construction output (Feb); US Chicago Fed national activity index (...)

Shia Muslim rebels hold up their weapons during a rally against air strikes in Sanaa, Yemen, on Thursday. Oil prices jumped around the world after Saudi Arabia and its allies carried out the strikes. Photograph: Khaled Abdullah/Reuters

Stock markets around the world were knocked lower and oil prices jumped after Saudi Arabia and its allies carried out air strikes in Yemen. The attac(...)

 Shareholders voted to retain chief executive Brian O’Cathain (above) at a shareholders’ meeting last month.

Oil explorer Petroceltic has announced a number of changes to its board following last month’s failed coup by dissident shareholder Worldview.The Swis(...)

Irish-listed explorer Dragon Oil has received a takeover approach from Emirates National Oil. Photo: Getty Images

Irish-listed explorer Dragon Oil has received a takeover approach from Emirates National Oil. The company said Dubai-based Emirates made an approach, (...)

Angelo Moskov, CEO Worldview Capital, speaking watched by Alasdair Robinson, company secretary, Robert Adair, chairman, Brian O’Cathain, chief executive officer at the Petroceltic EGM, in Kildare Street, Dublin. Photograph: Dara Mac Dónaill/The Irish Times

Security was tight in the Royal College of Physicians for Petroceltic’s extraordinary general meeting, called by its biggest shareholder Worldview Cap(...)

Ryanair put in another strong performance, on back of steady volumes, closing the day 29 cent or 3.3 per cent up at €9.96 following a sector-wide trend. Photograph: Robin Townsend/EPA

Stock markets around the world clung to modest gains on Thursday, with European equities retreating from seven-year highs, after Germany rejected a(...)