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CNE 161.50 -0.80 (-0.49%)
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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
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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 ...
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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)
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A passage to India
Having worked as a journalist on the BBC for more than 15 years, it is perhaps not surprising that David Nisbet, head of group corporate affairs at Cairn Energy, favours a straight talking approach when it comes to communications. After all, the advice ...
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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 ...
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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 ...
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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.
Philips posts steep rise in profits
Dutch electronics manufacturer Philips posted an unexpectedly positive first quarter, with slow sales in Europe outweighed by rapid growth in emerging markets and in healthcare equipment.
WS Atkins sees margins improve in UK
The company is also expanding its energy division, in expectation of winning higher-margin work in the oil and gas and nuclear sectors, and considering scaling back work in less rewarding areas.
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FTSE 100 FDs: Secret to their success
Women at the top include: British Land's Lucinda Bell, Burberry's Stacey Cartwright, Cairn Energy's Jann Brown, CRH's Maeve Carton, Diaego's Deirdre Mahlan, Eurasian's Zaure Zaurbekova, Hargreaves Lansdown's Tracey Taylor, Reckitt Benckiser's Liz ...
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