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Cairn Energy PLC news

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CNE 203.40 -5.50 (-2.63%)
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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 ...
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 ...
How to get a foothold in farmland investment
A piece of land in the country is a fine aspiration for any City gentleman, but it could also prove a shrewd investment move. With the markets far from certain and inflation a concern, farmland is looking more and more appealing.
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 ...
Barclays could start a counter-revolution
Particularly in the wake of a tax wrangle between Indian politicians and Cairn Energy over the sale of a stake in Cairn India. Investors and commentators agog at the financial theatre of a semi-public auction, failed to spot the “known unknown” of a ...
Ex-RSA chief's �500000 golden goodbye
The former chief executive of RSA received a �500,000 payout on his departure from the insurer, helping to increase his annual remuneration by 27 per cent for his final year - during which the shares suffered their biggest annual decline since 2002.
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 ...
Investors vote for sale of Siteserv
The board of Siteserv, an Irish construction services group, recommended the sale of the company to Ireland's richest man Denis O'Brien despite receiving a higher offer for the company from a French based-company, Altrad.
Statoil sells petrol stations for NKr8bn
It frees up capital, streamlines our portfolio and enables us to further strengthen our focus as a technology-focused upstream energy company, in line with our strategy.” Statoil said that Couche-Tard, which owns convenience stores in the US and Canada ...
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 ...