Articles tagged with: cairn india
British oil firm Cairn Energy Plc today said it has completed the sale of a controlling stake in its Indian unit to mining giant Vedanta after protracted wrangling over royalty payments.
Cairn Energy, which had in July ...
Sesa Goa, owned by miner Vedanta Resources, said on Wednesday it had bought an additional 1.5% stake in Cairn India at an average price of Rs 325 a share through a stock market deal.
Sesa Goa said ...
After prolific oil discoveries in India, Cairn India said that it has made a second natural gas discovery in the offshore Mannar Basin of Sri Lanka. “Cairn Lanka (Pvt) Ltd, a wholly-owned subsidiary of Cairn India, ...
Cairn India has been ranked as the fastest growing oil and gas exploration firm in the world, even as heavyweights like ONGC and Reliance Industries slipped in a list of top-performing energy firms globally.
With a three-year ...
Oil explorer Cairn India said on Wednesday had received approval from its shareholders to accept conditions imposed by the government necessary to clear Vedanta Resources’ deal to buy a 40 per cent stake in the company.
The ...
Oil & Natural Gas Corp. will decide in September whether to approve Cairn Energy PLC’s plans to sell a stake in its Indian unit to Vedanta Resources PLC, the state-run explorer’s chairman said.
ONGC is waiting for ...
Cairn India, the firm that gave the country its largest onland oil discovery in more than two decades, was accorded the ‘Superbrand’ status. The award was received by Manu Kapoor, Director, Corporate Communication, Affairs & CSR, ...
After showing signs that it was willing to agree to government riders to save its deal with Vedanta Resources, UK’s Cairn Energy has asked its Indian unit to convene a shareholders meet to vote on the ...
More than three weeks after the Cabinet Committee on Economic Affairs (CCEA) gave conditional nod to the US $9-billion Cairn-Vedanta deal, the Oil Ministry today sent a formal letter to the companies informing of the decision. ...
In fresh confrontation, the Oil Ministry has blocked Cairn India’s plans to begin crude oil production from the Bhagyam oilfield, the second biggest find in the prolific Rajasthan block. Cairn had plans to put the Bhagyam ...
