Brian O’Cathain of Petroceltic: the Irish exploration firm strongly denied allegations of fraud and mismanagement that were made about the company online. Photograph: Dara Mac Donaill

Automattic, the Californian company behind the world’s most popular blogging site, Wordpress, has finally removed an anonymous site that was allegedl(...)

A screen shows the final tally for the Dow Jones Industrial Average on the floor of the New York Stock Exchange, yesterday.  Photograph: Brendan McDermid/Reuters

World stock markets tumbled towards their worst week of the year yesterday and commodities got another kicking, as more alarming data from China sent(...)

The blog had published remarks about Petroceltic’s chief executive, Brian O’Cathain. Photograph: Sara Freund?The Irish Times

The US owner of blogging service, has been directed by the High Court to identify the author of allegedly defamatory material posted abo(...)

Petroceltic’s chief executive Brian O’Cathain. Photograph: Dara Mac Dónaill/The Irish Times

Petroceltic confirmed the tendering process has begun for engineering, procurement and construction services at the Ain Tsila development in Algeria. (...)

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(...)