Cairn Energy plc

Welcome to POSCO country: India's fight for investors

DHINKIA, India (Reuters) - For eight-year-old Rakesh Bardhan, it is protest time.
 

Greenpeace chief arrested after scaling Arctic oil rig

Two Greenpeace activists, including the head of the environmental group, were arrested Friday after scaling an oil rig off Greenland to demand a halt to drilling in the Arctic, police said.
 

Greenpeace boards Cairn rig despite injunction

LONDON (Reuters) - Greenpeace ignored a court injunction on Friday and boarded a Cairn Energy drilling rig offshore Greenland, raising the stakes in a battle over the development of the area as a major new oil-producing province.
 

Cairn Energy founder to become chairman

Scottish oil and gas explorer Cairn Energy announced on Thursday that its founder, Sir Bill Gammell, will step down as chief executive next month to become chairman.
 

Arctic oil drilling "entirely legitimate": UK

LONDON (Reuters) - Britain strongly supported Arctic oil drilling, within the right safety regime, energy minister Charles Hendry said on Monday after Cairn Energy last week halted a Greenpeace protest off Greenland.
 

Cairn awaits ruling in case against Arctic protesters

LONDON (Reuters) - Cairn Energy expects to find out later on Wednesday whether a lawsuit designed to deter environmental protesters from disrupting its Arctic drilling campaign has been successful.
 

Greenpeace activists arrested on Arctic oil rig

Eighteen Greenpeace activists who scaled an oil rig off Greenland to protest oil prospecting in the Arctic were on Saturday arrested by police, the environmental group said.
 

Arctic protesters force Cairn to halt drilling

LONDON (Reuters) - British oil explorer Cairn Energy said on Saturday it had suspended drilling from a rig off the coast of Greenland after environmental protesters breached an exclusion zone.
 

Cairn starts drilling operations in Greenland

LONDON (Reuters) - British oil explorer Cairn Energy said on Friday it started drilling two wells off the coast of Greenland, a day after environmental protesters were removed from its rig in the Arctic.
 

Greenpeace activists arrested on Arctic oil rig: police

Two Greenpeace activists who scaled an oil rig off Greenland at the weekend to protest oil prospecting in the Arctic were arrested overnight, police and the environmental group said Thursday.
 

Oil firm files lawsuit against Arctic protesters

LONDON (Reuters) - UK-based Cairn Energy has filed a legal action in the Netherlands, seeking damages of up to $2 million a day if Greenpeace protesters again disrupt the explorer's drilling plans offshore Greenland.
 

Greenland condemns Greenpeace Arctic oil protest

COPENHAGEN (Reuters) - Greenland has condemned as illegal a protest by Greenpeace activists who scaled an oil rig in a bid to prevent a British company from drilling in Arctic waters off the North Atlantic island.
 

Greenpeace climbers occupy Arctic oil rig

Two Greenpeace activists occupied a drilling platform in southwestern Greenland Sunday to protest oil prospecting in the Arctic, causing the government to issue an angry reaction.
 

India puts conditions on Cairn-Vedanta deal: sources

An Indian ministerial panel wants conditions attached to a proposed $9.6-billion sale of Cairn Energy's Indian oilfields to Vedanta, sources said on Saturday, which could derail the deal.
 

India 'puts conditions on Cairn-Vedanta deal'

An Indian ministerial panel has attached conditions to a proposed $9.6-billion sale of Cairn Energy's Indian oilfields to British giant Vedanta that could derail the deal, sources said Saturday.
 

Vedanta Cairn bid to go to India cabinet for decision

Resource giant Vedanta's long-delayed bid to buy a majority stake in the Indian unit of Cairn Energy will go to the cabinet for a final decision within two weeks, a minister said Friday.
 

Cairn India reports record quarterly profit

Cairn India, long coveted by British resource giant Vedanta, reported on Wednesday a 10-fold leap in quarterly profit thanks to a surge in crude oil prices and production.
 

Greenpeace sends vessels to protest Greenland oil

COPENHAGEN (Reuters) - Environmental group Greenpeace has sent two vessels into the northern North Sea to protest against oil exploration off Greenland, the organization and officials said on Tuesday.
 

FTSE 100 finishes slightly higher

London shares rebounded slightly on Tuesday recovering some of their recent sharp losses despite concerns over UK banks, eurozone debt and the impact of volcanic ash from Iceland.
 

Cairn Energy extends deadline for Indian deal

Scottish oil and gas explorer Cairn Energy said on Thursday it had extended the deadline to sell a majority stake in its Indian unit to rival Vedanta, pending approval from the Indian government.