Petroceltic chief executive Brian O’Cathain: the company had announced earlier this year  it planned the fundraising to refinance the group’s $500 million debt facility. Photograph: Sara Freund

Explorer Petroceltic has suspended plans to raise up to $175 million on the bond market. The company had announced at the end of June that it planned (...)

Petroceltic chief executive Brian O’Cathain at the company’s AGM in Dublin. Photograph: Sara Freund

As expected, dissident shareholder Worldview Capital has brought its war against the board of Petroceltic International to the High Court in Dublin. (...)

Petroceltic chief finance officer Tom Hickey at the company’s AGM in Dublin.  Photograph: Sara Freund

Worldview Capital, the dissident shareholder that owns 29 per cent of oil and gas explorer Petroceltic International, has blocked a number of resol(...)

Angelo Moskov, chief executive of Worldview Capital, speaking at  a Petroceltic egm earlier this year, watched by company secretary Alasdair Robinson, chairman, Robert Adair, and chief executive Brian O’Cathain .Photograph: Dara Mac Dónaill / The Irish Times

The ongoing spat between Petroceltic and its biggest shareholder has taken a turn for the worse with Worldview initiating legal proceedings in the Hig(...)

Brian O’Cathain, Petroceltic’s chief executive officer:  Worldview says the company is “proposing to pledge the company’s crown jewel” because it has “run out of money”. Photograph: Dara Mac Donaill/The Irish Times

The bitter wrangle between Petroceltic International and its biggest shareholder, Swiss fund Worldview Capital, which failed with a bid to oust mana(...)

It is understood the price paid for the assets is not material and that the rationale for the transaction is that it frees the company from future development costs in Romania

Dublin-based oil and gas exploration firm Petroceltic has withdrawn from its interests in Romania to focus its activities on its licences in Egypt and(...)

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 (...)

Petroceltic said the project remains on track to deliver first sales gas in the first quarter of 2018

Dublin-based exploration firm Petroceltic and its partners has awarded the drilling contract for the Ain Tsila gas field in Algeria to the Chinese com(...)

Brian O’Cathain, chief executive officer, at  Petroceltic. The explorer has agreed with its partner to withdraw from the Dinarta licence in Kurdistan region of Iraq.   Photo: Dara Mac Dónaill/The Irish Times

Dublin-based oil and gas explorer Petroceltic International has agreed with its partner to withdraw from the Dinarta licence in Kurdistan region of Ir(...)

 Petroceltic chief executive officer Brian O’Cathain survived the attempted putsch by its 28 per cent shareholder Worldview. Photograph: Dara Mac Dónaill.

Computershare, the global business services company that collated the votes at a fraught Petroceltic International EGM on Wednesday, has rejected cri(...)