Oil producer Petroceltic International’s largest shareholder has called for an extraordinary general meeting of the Irish company’s shareholders to oust chief executive Brian O’Cathain.

Petroceltic International has suspended its Iraqi operations and begun to evacuate "non-essential personnel" from the region on safety grounds.

Tullow Oil has successfully refinanced a large element of debt originally due for repayment this year.

Irish exploration firm, Petroceltic International has all but concluded its planned secondary farm-out at its highly-rated Ain Tsila gas discovery in Algeria, with the country’s government signing off on the deal.

Dublin-based exploration company Petroceltic International has forecast total production levels of 20 to 22 million barrels of oil equivalent per day for this year.

Dublin-based exploration firm Petroceltic International has formally agreed the sale of a further tranche in one of its headline assets, the Ain Tsila gas field in Algeria, for a potential $180m (€133m).

Irish oil and gas explorer Petroceltic International has marginally reduced its full- year production targets, due to a slowdown in production at its Egyptian assets.

Dublin-based exploration company Petroceltic International has extended its southern European footprint into Greece, through the award of a share of a licence off the country’s west coast.

Shares in Irish exploration firm Petroceltic International fell nearly 4% yesterday on the back of the company abandoning an exploration well in one of the territories into which it expanded last year.

The number of merger and acquisition (M&A) deals increased by 10% in the first nine months of 2012 but the value of the deals completed fell, the NCB Corporate Finance M&A Tracker Survey found.

The ISEQ index of Irish shares closed up 56 points to 3,196, a rise of 1.8%.

The ISEQ index of Irish shares closed down 0.3% at 3,202 this evening.

The ISEQ index of Irish shares closed down five points to 3,093, a drop of 0.16%.

Petroceltic International have today announced the appointment of Tom Hickey as Corporate Development Director.

Oil and gas exploration firm Petroceltic International has reported a loss of almost $5m (€3.9m) for the first six months of the year.

Petroceltic International has announced that its wholly owned Italian subsidiary, Petroceltic Elsa Srl, has been granted nine exclusive exploration permits in the central Adriatic offshore Italy.

PETROCELTIC INTERNATIONAL, the oil and gas explorer, has won approval for its Isarene permit in Algeria to enter the next two-year exploration phase and said initial results are “encouraging”.

Petroceltic International has announced that its wholly owned subsidiary, Petroceltic Elsa Srl, has been notified that approval has been granted for the Civitaquana exploration permit onshore Italy.

The Irish Stock Exchange (ISE) says it enjoyed one of its best-ever years last year.

Exploration company Petroceltic International has received $2.25 million from selling its residual interest in the Shaimerden zinc oxide deposit in the former Soviet republic of Kazakhstan.