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Cairn Energy highlights appeal of West Africa and North Sea
2015-05-15 15:12:09| Energy - Topix.net
THE chief executive of Cairn Energy has said the firm's exploration success in Senegal could be a company maker while its hefty investment in the North Sea will pay off in spite of the oil price fall. THE chief executive of Cairn Energy has said the firm's exploration success in Senegal could be a company maker while its hefty investment in the North Sea will pay off in spite of the oil price fall.
Cairn and partners to evaluate SNE-1 and FAN-1 oil discoveries in Senegal
2015-04-14 01:00:00| Offshore Technology
Australian Oil and gas explorer FAR will start the first phase of the evaluation programme of oil discoveries SNE-1 and FAN -1 offshore Senegal, Africa, in the fourth quarter.
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Cairn India takes Indian authorities to court over $3.3 billion tax demand
2015-04-07 15:40:56| Energy - Topix.net
Cairn India received last month the demand of about 204 billion rupees from Indian tax authorities for an alleged failure to deduct withholding tax on capital gains made by its former parent, Cairn Energy Plc Vedanta said last month it would file a notice of claim against the Indian government under the UK-India bilateral investment treaty. Cairn Energy, which received a tax demand of more than $1.6 billion related to the same case, has also filed a notice of dispute under the bilateral investment treaty.
Cairn India takes Indian authorities to court over $3.3 billion tax demand
2015-04-07 10:52:59| Oil & Gas - Topix.net
Cairn India received last month the demand of about 204 billion rupees from Indian tax authorities for an alleged failure to deduct withholding tax on capital gains made by its former parent, Cairn Energy Plc Vedanta said last month it would file a notice of claim against the Indian government under the UK-India bilateral investment treaty. Cairn Energy, which received a tax demand of more than $1.6 billion related to the same case, has also filed a notice of dispute under the bilateral investment treaty.
Cairn Energy shares plunge on tax row
2015-03-11 15:33:48| Energy - Topix.net
Shares in Cairn Energy fell 18.3% on Wednesday following Tuesday's announcement that it must pay a $1.6bn fine for unpaid tax in India. It has has been trying to exit India's oil market, where it made a fortune for shareholders, for over a year.
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