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Cairn Energy to buy Norwegian Agora Oil & Gas
"This is an important first step in establishing balance in the Cairn portfolio,� said Simon Thomson, chief executive of Cairn Energy PLC. �This acquisition secures a building block in areas where we see the opportunity to build cash flow from near ...
Cairn to buy Agora to increase lower-risk assets  Reuters UK
ADVISERS ROTHSCHILD  CITY A.M.
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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
RIT Capital set for �70m windfall from Cairn deal  Citywire.co.uk
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Cairn Energy finds second oil discovery in KG block
Cairn Energy India Pty Ltd. (CEIL), on Tuesday, said it had discovered oil in Nagayalanka-SE-1 well in the onshore block of Krishna-Godavari Basin.
Cairn Energy notifies second oil discovery in KG Basin's Nagayalanka well  Hindu Business Line
Cairn India notifies second discovery in KG-ONN-2003/1 block  domain-B
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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 ...
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U.K. Dividends Jump to Record on Vodafone, Cairn Payouts
U.K. dividends increased to a record 18.8 billion pounds ($30 billion) last quarter after one- time payments from Vodafone Group Plc and Cairn Energy Plc. Payouts climbed by 25 percent from a year ago, reaching the highest ever level for a first ...
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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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Tweedie to lead accountancy body
... 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.
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European Stock Futures Are Little Changed; Roche May Move
Ferrovial SA (FER) tumbled 6.4 percent as Spain's government published its budget for 2012. Cairn Energy Plc gained 4 percent after agreeing to buy Agora Oil & Gas AS, which is owned by RIT Capital Partners Plc and Jacob Rothschild.
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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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