Thursday 30 July 2015
 
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Enoc

Dubai's Enoc plans regional expansion

Dubai's Emirates National Oil Company (Enoc) plans to expand in the region after the UAE deregulated fuel prices, lifting financial pressure on the company, it said on Wednesday. The firm has struggled in recent years, losing

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Enoc's offer 'undervalues' Dragon Oil

Elliott Advisors (UK) became the latest investor in Dragon Oil to say the takeover offer for majority shareholder Emirates National Oil Company (Enoc) undervalued the oil producer. Elliott also said Dragon Oil could increase oil p

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Dragon Oil's largest shareholder Enoc says no to dividend payment

Dragon Oil's largest shareholder, Emirates National Oil Co Ltd (Enoc), said the oil producer no longer needed to pay a dividend to shareholders, stepping up pressure in its bid to take over the company.   Eno

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Enoc presses ahead with Dragon Oil takeover amid protest

Emirates National Oil Company (Enoc) is progressing with its £1.7 billion purchase of Dragon Oil shares it does not already own, despite a major investor saying the takeover undervalued the company.   Enoc

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Enoc presses ahead with Dragon Oil takeover amid protest

Emirates National Oil Company (Enoc) is progressing with its £1.7 billion purchase of Dragon Oil shares it does not already own, despite a major investor saying the takeover undervalued the company.   Enoc

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Enoc offer undervalues Dragon Oil: major investor

Asset management company Baillie Gifford, oil producer Dragon Oil's largest independent investor, said an increased takeover offer from majority owner Emirates National Oil Co (Enoc) ‘materially undervalued’ the company.

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Enoc signs $1.5bn 9-year loan from 21 banks

Dubai's Emirates National Oil Company (Enoc) has secured a $1.5 billion nine-year loan from 21 banks to support its expansion plans and provide the energy firm with long term funding, it said on Wednesday. The funding was init

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Enoc signs $1.5bn 9-year loan from 21 banks

Dubai's Emirates National Oil Company (Enoc) has secured a $1.5 billion nine-year loan from 21 banks to support its expansion plans and provide the energy firm with long term funding, it said on Wednesday. The funding was init

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Dragon Oil agrees to increased 750 pence-per-share Enoc offer

Dragon Oil said it agreed to an increased takeover offer by Emirates National Oil Co (Enoc) after the Dubai-based group increased its offer to buy out the company's minority shareholders.   Shares in Dragon O

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Enoc in bid to buy out Dragon Oil’s minority shareholders

Emirates National Oil Co (Enoc) went public with an offer to buy out minority shareholders in Dragon Oil, saying talks with a committee set up by the Turkmenistan-focused oil explorer had not yet produced the endorsement it believed its ‘f

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