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Cairn Energy

Cairn Energy 04/02/2012

00:34 : Market Report: Footsie ends on a high but Cairn Energy misses out - It may have been boom time in the Square Mile, but not everyone was along for the ride. While the Footsie closed last night at its highest since last July, Cairn Energy was among the stocks missing out on the rally amid ...

Cairn Energy 25/01/2012

00:55 : James Moore: No big payout now, but a golden chance for Cairn chief to ... - Outlook: It couldn't have been timed better. Just a day after Vince Cable rushed forward his plans for a crackdown on executive pay, Cairn Energy bowed to pressure from shareholders and withdrew a £2.5m bung plus a £1m donation it ...

Cairn Energy 24/01/2012

22:57 : Cairn drops £2.5m share award for Sir Bill Gammell - Cairn Energy has given in to shareholder pressure and dropped its plan to give chairman and former chief executive Sir Bill Gammell a £3.5m one-off reward package.
Source : telegraph-co-uk
18:57 : Cairn Energy drops plan to hand chairman £2.5m in free share options - Pressure from investors forces British oil exploration company into embarrassing U-turnBritish oil explorer Cairn Energy was forced into an embarrassing U-turn as it abruptly dropped plans to award chairman Sir ...
Source : guardian-co-uk
09:35 : Cairn bows to shareholders, drops chairman's award - LONDON, Jan 24 - Ol explorer Cairn Energy dropped plans to award chairman and founder Bill Gammell share options worth 2.5 million pounds on Tuesday, bowing to pressure from investors.
Source : reuters-com

Cairn Energy 20/01/2012

15:51 : SMALL CAP MOVERS: Falklands' oil and gas industry grabs the spotlight - Monday's market rumours that Cairn Energy was mulling over a move into the Falklands lit the blue touch paper under the junior explorers in the South Atlantic.

Cairn Energy 18/01/2012

10:07 : Greenpeace urges government to halt 'reckless' Arctic oil rush - At a special House of Commons hearing, ministers will be asked to reconsider support for Cairn Energy drilling in the far northThe government will be urged on Wednesday to help build a more sustainable world by putting a brake on the ...
Source : guardian-co-uk

Cairn Energy 16/01/2012

23:08 : MARKET REPORT: Rockhopper Exploration on oil rival¿s radar - Black gold speculators chased shares of Rockhopper Exploration up to 315p before they closed 28.75p higher at 303.75p following a weekend report that Cairn Energy is interested in buying the ...

Cairn Energy 08/01/2012

08:39 : MPs to quiz oil giants BP, Shell and Cairn Energy on Arctic drilling safety - MPs are to question UK oil and gas companies on the safety of drilling in the Arctic, after fears that retreating ice will see a damaging rush to exploit billions of barrels of untapped reserves in the region.
Source : telegraph-co-uk

Cairn Energy 08/12/2011

10:12 : Vedanta completes Cairn India deal - LONDON (Reuters) - Vedanta Resources Plc completed its long-delayed $8.7 billion (5.5 billion pounds) purchase of a majority stake in Cairn Energy Plc's Indian unit, more than a year after the deal was first ...
Source : reuters-com

Cairn Energy 05/12/2011

06:53 : Cairn cleared for India sale to Vedanta - Cairn Energy can press ahead with its much-delayed $6.5bn sale of a stake in its Indian unit to Vedanta, after receiving the final government approvals
Source : ft-com

Cairn Energy 01/12/2011

01:26 : Cairn campaign off the coast of Greenland hit by failure - Investors hoping to cash in on an oil boom off the vast, untapped coast of Greenland were dealt a blow yesterday after Cairn Energy said that, around $1bn (£636m) and eight exploration wells later, it had failed to make a ...

Cairn Energy 30/11/2011

19:43 : Cairn sinks after Greenland drilling failure - Polar bears might have breathed a sigh of relief at Cairn Energy abandoning two more wells in Greenland, but the news was not such good news for shareholders.
Source : telegraph-co-uk
14:27 : Cairn Energy fails to find oil again - Oil and gas explorer Cairn Energy revealed more misery for its controversial drilling campaign off the coast of Greenland today as it failed to find oil in two more wells.

Cairn Energy 02/10/2011

10:11 : Cairn India confirms Sri Lanka natural gas find - COLOMBO (Reuters) - Cairn India Ltd , a subsidiary of Cairn Energy Plc , said on Sunday it has discovered natural gas in Sri Lanka's offshore Mannar Basin, confirming an earlier announcement by Sri Lankan President Mahinda ...
Source : reuters-com

Cairn Energy 28/09/2011

17:59 : Cairn hits dry well, as Tullow makes new oil discovery - It was a tale of contrasting fortunes for the FTSE 100's two biggest independent explorers, as Cairn Energy came up with its sixth dry well in Greenland and Tullow Oil made a new discovery in Ghana.
Source : telegraph-co-uk
09:26 : Cairn drops 4% as another Greenland well comes up dry - In what will no doubt be welcome news for environmentalists, Cairn Energy has announced another dry well in its controversial drilling programme in Greenland.Cairn said the Delta-1 exploration well had failed to find hydrocarbons and ...
Source : guardian-co-uk

Cairn Energy 13/09/2011

23:53 : Cairn Energy shares hit by £400m write-off on Greenland wells - INVESTORS in Cairn Energy reacted with dismay after the Edinburgh-based explorer looked set to write off $630 million (£400m) of its $1 billion exploration campaign of
Source : scotsman-com
18:30 : Cairn sinks as Greenland well comes up dry - Environmental activists might be pleased to hear that Cairn Energy has suffered another setback in its Greenland drilling campaign. But the dry well was not good news for shareholders.
Source : telegraph-co-uk
17:29 : FTSE CLOSE: Banking sector leads the market higher; Cairn Energy suffers - The banking sector led the London market higher today after a leading French lender denied it was struggling to raise money on financial markets as a result of its exposure to Greek debt.
11:05 : Cairn says latest Greenland well comes up dry - LONDON (Reuters) - Oil explorer Cairn Energy said its latest well off the coast of Greenland failed to find oil, disappointing investors, who are looking to the company to open up a new oil province in ...
Source : reuters-com
08:27 : Cairn Energy shares slump as Greenland well disappoints - Shares in Cairn Energy (CNE.L) dropped sharply this morning after the oil exploration company announced that its second well in Greenland has failed to produce oil.
Source : citywire-co-uk

Cairn Energy 23/08/2011

23:29 : Cairn defends sale of Indian arm despite soaring profits - CAIRN Energy yesterday maintained it was the right time to sell a controlling stake in its Indian subsidiary - despite interim profits jumping eight-fold as production in the
Source : scotsman-com

Cairn Energy 03/08/2011

09:11 : Cairn slides 3.5% after it fails to find oil at controversial Greenland ... - As traders braced themselves for another volatile day on the markets as the Eurozone crisis continues, one of the biggest fallers is Cairn Energy.The oil explorer is down 12p at 340.7p, a near 3.5% decline, ...
Source : guardian-co-uk

Cairn Energy 20/07/2011

12:54 : Greenpeace Twitter injunction backfires for Cairn Energy - Hundreds of people broke the court order on behalf of the environment group, who were told to retract photosA Scottish oil company's attempt to stop Greenpeace activists tweeting about a protest and posting pictures of people dressed as polar ...
Source : guardian-co-uk
10:42 : Greenpeace banned from posting occupation photos on Twitter - Cairn Energy wins an injunction against activists after oil protest at the company's headquarters on Monday An oil company has been granted an injunction to stop Greenpeace posting photographs of an occupation of ...
Source : guardian-co-uk
00:22 : Court order against Cairn protesters - Cairn Energy, the oil prospector whose Edinburgh offices were targeted by Greenpeace activists dressed up as polar bears on Monday, has been granted a court order to prevent a repeat of the incident.

Cairn Energy 19/07/2011

02:08 : Greenpeace activists occupy Cairn Energy - More than 60 Greenpeace activists, around half of whom were dressed as polar bears, entered and staged a protest at the Edinburgh headquarters of FTSE 100-listed Cairn Energy yesterday, demanding that the oil and ...

Cairn Energy 18/07/2011

18:02 : Greenpeace target Cairn Energy in 'polar bear' protest - Environmental campaigners step up pressure on energy firm over its oil spill response strategy and Arctic exploration plansGreenpeace activists dressed as polar bears occupied the Edinburgh offices of Cairn Energy on Monday ...
Source : guardian-co-uk

Cairn Energy 28/06/2011

05:53 : Cairn agrees to cut price of Indian assets in attempt to secure Vedanta ... - Cairn Energy has agreed to accept a further $600m (£375m) cut in the price for the sale of 40pc of its Indian assets to end the deadlock with Vedanta Resources.
Source : telegraph-co-uk
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