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Cairn Energy PLC news

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Cairn Energy buys Norwegian oil company Agora
Oil explorer Cairn Energy has announced it is to buy Norwegian rival Agora Oil and Gas for $450m (�281m). Edinburgh-based Cairn said the move would add drilling to its 2012 exploration programme, with up to nine Agora wells scheduled to be drilled off ...
Cairn Buys Rothschild-Backed Agora Oil for $450 Million  Bloomberg
Rothschild makes a killing on Agora sale  The Independent
Dividend payouts hit record levels, but income investors warned of tight year ...
Dividend investors have been warned against getting too excited over a 25 per cent rise in income returns, as this was triggered by bumper special payouts from Vodafone and Cairn Energy. A record �18.8bn in dividends were delivered to investors in the ...
Sir David Tweedie to lead accountancy body Icas
... and, in 2001, chairman of the International Accounting Standards Board - a position he held until last year. Sir David will be joined at Icas by new vice-presidents Brendan Nelson, a non-executive director at RBS and BP, and Jann Brown of Cairn Energy.
Vedanta iron ore production slides
The blanket mining ban in India's southern state of Karnataka has continued to hit Vedanta Resources, the FTSE 100 metals, mining and oil group.
Effects of the Jobs Act are hard to predict
Relaxing regulations in the wake of a once-in-a-generation financial crisis does not sound like the sort of idea that vote-wary politicians in Washington would be rushing to embrace.
A passage to India
Founded in 1981 by Sir Bill Gammell, now its non-executive chairman, Cairn Energy had just unearthed the Mangala oil field in the North West Indian State of Rajasthan, a discovery that was to transform the business and catapult it into the FTSE 100 ...
The financial risks of Arctic drilling
For the past couple of years, Greenpeace has been ringing the bell, taking action and highlighting the risks and dangers of drilling for oil in the Arctic, the last great wilderness on Earth, and one of the most fragile ecosystems on the planet ...
Rush to establish Arctic economy risky for ecosystems, warns report  Responding to Climate Change (press release) (blog)
Benchmark bets on online university
One of Silicon Valley's most prominent venture capital firms is betting $25m that a new start-up can deliver an Ivy League education over the web.
Lessons from the Elgin gas leak: why we must stop Shell's Arctic drilling
Because of the extreme nature of operating on the frontiers of the world's last great wilderness, looking for Arctic oil is incredibly expensive (Cairn Energy, for example, spent over a billion dollars in two years to drill a handful of wells, and ...
Questor share tip: Vedanta's roller coaster ride could be poised for a climb
Also on the plus side, in December Vedanta finally completed its long-delayed $8.7bn purchase of a majority stake in Cairn Energy's Indian unit, more than a year after the deal was first announced. The acquisition turned Vedanta into a diversified ...