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Tag: cairn
Cairn Energy shares plunge on tax row
2015-03-11 12:51:35| Oil & Gas - 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.
Cairn Energy shares plunge on tax row
2015-03-11 11:52:09| BBC News | Business | UK Edition
Shares Cairn Energy fall 18.3% following Tuesday's announcement that it must pay a $1.6bn (1bn) fine for unpaid tax in India.
Cairn Energy files dispute notice on $1.6bn tax demand in India
2015-03-11 01:00:00| Offshore Technology
Scottish oil and gas exploration and production firm Cairn Energy has filed a dispute notice against the Indian income tax department on a $1.6bn tax claim for the fiscal year ended March 2007.
Cairn Energy faces Indian tax demand
2015-03-10 20:36:53| BBC News | Business | UK Edition
Edinburgh-based oil exploration company Cairn Energy is served with a $1.6bn (1bn) bill for unpaid tax in India.
Tags: energy
tax
demand
indian
Cairn Energy suffers exploration reverse off North Africa
2015-03-03 15:45:30| Energy - Topix.net
The Edinburgh-based company noted that Kosmos said a well it drilled off theWestern Sahara area had failed to find oil or gas in commercial quantities. Andrew G. Inglis, chairman and chief executive of Kosmos, said the well had significantly de-risked further exploration in the area by demonstrating the presence of the geological elements required to create oil and gas.
Tags: north
energy
africa
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