Cairn India today reported more than doubling of the second-quarter net profit after it managed to slash operating cost and reduced discounts on Rajasthan crude oil sales. Net profit in July-September ...
Field development cost for the oil production from Cairn India’s three oil fields in the Rajasthan block would almost double to $2.9billion due to rising cost of drilling, construction and manpower ...
LIC's denial came after some media reports said the insurance giant has given nod to the proposed merger of Cairn with Vedanta. (Reuters) In a scenario of low crude oil prices, Cairn India has been ...
London: UK-based oil explorer Cairn Energy on 27 March said it had a preliminary deal to build a pipeline to transport crude from its Rajasthan fields, reducing the likelihood that the fields’ startup ...
The government had in October 2018 agreed to extend by 10 years the contract for Barmer fields in Rajasthan after the expiry of the initial 25-year contract period on May 14, 2020. Billionaire Anil ...
New Delhi: State-owned Oil and Natural Gas Corp has approved its partner Cairn India's raising the cost of developing the second biggest oilfield in the prolific Rajasthan block by 30% to $ 608 ...
CAG wants audit of Cairn field cost While Reliance Industries raising KG-D6 field capex from $2.4 billion to $8.8 billion has been subject matter of various scrutinies, top auditor CAG wants a similar ...
Cairn Energy will have to fork out about $1.5 billion as tax for its stake sale deal with Vedanta Resources in Cairn India. Cairn Energy is selling 40 per cent stake in its Indian arm, Cairn India, ...
New Delhi, Sep 13 () Billionaire Anil Agarwal-led Cairn India's Rajasthan oil block licence extension is stuck in a dispute over cost and the firm is literally surviving on monthly extensions by the ...
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