Monday 14 July 2014
 
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Dragon oil

Dubai, Kuwait firms vie for Afghan oil deals

Seven energy firms, including Dubai-based Dragon Oil and Kuwait Energy, are likely to compete with Exxon Mobil Corp for the right to explore oil and gas blocks in northern Afghanistan, the country's Mining Ministry said in a statement.

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Enoc 'won't sell Dragon to pay Dubai debts'

Dubai-controlled refiner Emirates National Oil Company (Enoc) will retain control of explorer Dragon Oil, quashing speculation of a sale based on Dubai's need for cash to meet crushing debt obligations. Enoc said in a statement on Wedn

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Enoc says won't raise Dragon Oil bid

Dubai-based Emirates National Oil Co (Enoc) will not increase its bid for Dragon Oil, an independent oil development and production company, the group's chief executive said on Monday. "Despite what analysts say it is not underpriced and w

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Dragon Oil investor rejects Enoc bid

The largest minority investor in oil explorer Dragon Oil said it would reject a takeover bid from controlling shareholder Emirates National Oil Company (Enoc) that values Dragon at $3.9 billion. Baillie Gifford & Co said in a statement

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Dragon Oil investor rejects Enoc bid

The largest minority investor in oil explorer Dragon Oil said it would reject a takeover bid from controlling shareholder Emirates National Oil Company (Enoc) that values Dragon at $3.9 billion. Baillie Gifford & Co said in a statement

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Enoc to buy remaining 48pc of Dragon Oil

Dubai state-controlled Emirates National Oil Company (Enoc) has agreed to buy the 48 percent of Dragon Oil which it does not already own in a deal that values the Dublin and London-listed oil explorer at 2.36 billion pounds ($3.88 billion).

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Dragon Oil to request Enoc takeover bid ruling

Dragon Oil is to ask the Irish Takeover Panel to issue an ultimatum to the oil explorer's largest shareholder, Emirates National Oil Company (Enoc), to make a bid for the company or walk away, the Sunday Times said. The newspaper said the

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Enoc eyes 'modest premium' from Dragon

Dubai state-owned Emirates National Oil Company (Enoc) said it only planned to pay a "modest premium" to secure control of London-listed Dragon Oil, knocking Dragon's shares and prompting accusations of opportunism. Dragon, in which Enoc a

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