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Dublin-based oil and gas exploration firm Petroceltic has withdrawn from its interests in Romania to focus its activities on its licences in Egypt and(...)

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(...)

 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(...)

 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(...)

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(...)

Brian O’Cathain, Chief Executive Officer, at the Petroceltic EGM, in Kildare Street, Dublin. Photograph: Dara Mac Dónaill

Petroceltic’s Brian O’Cathain can pat himself on the back for a job well done after comprehensively seeing off a challenge yesterday from activist inv(...)

Brian O’Cathain, chief executive of  explorer Petroceltic International, has survived an attempt to oust him Photograph: Dara Mac Dónaill / The Irish Times

Brian O’Cathain, the chief executive of oil explorer Petroceltic International who survived an attempt by Worldview Capital to oust him at a shareh(...)

Shareholder advisory firm Glass Lewis benchmarked Petroceltic’s performance, in terms of total shareholder returns, against peers including Circle Oil, Afren and Cairn Energy. Photograph: Thinkstock

A report by the shareholder advisory firm Glass Lewis on the dispute between Petroceltic International and its dissident 28 per cent shareholder, Wor(...)

The Royal College of Physicians is the battleground next Wednesday in one of the more intriguing corporate battles of recent times, when Worldview Cap(...)