Page 4 - Cairn India

Rules can't be changed arbitrarily

Companies, individuals will invest in a country if they can be certain of the legal framework

Cairn, ONGC, Essar benefit from pre-NELP contract extension

The contracts for these pre-NELP exploratory blocks will be extended for 10 years

Cabinet clears extension of pre-Nelp blocks, including Cairn India's Barmer

Barmer block has Cairn India and ONGC as its partners

Cairn India Q3 net profit soars multi-fold to Rs 604 cr

Reports Ebitda of Rs 1,067 cr, which is highest in past six quarters

Centre gets more time to decide on extension of Cairn's Barmer PSC

Firm wants current PSC to last till 2030, has moved court over govt delay in decision on the matter

Cairn India gets nod for drilling 64 exploratory and appraisal wells

Forests and Climate Change has given a green signal for the wells

Delhi HC asks Cairn to go for arbitration in 2 weeks

The dispute is about refund of payment made by Cairn for operating Ravva oilfield in K-G basin

Cairn writes to Modi on tax dispute ahead of Theresa May's visit

Cairn Energy has also written a similar letter to Finance Minister Arun Jaitley

Cairn India to invest $100 mn in Rajasthan gas fields

The company is targeting to increase gas production to 40-45 million standard cubic feet per day by 2017

Cabinet likely to take a call on Cairn India's Barmer extension

Cairn India holds holds 70% stake in the Rajasthan block, while ONGC owns 30%

Cairn India posts highest profit in six quarters

Highest net profit in six quarters; revenue up 8% at Rs 2,039 cr

Delhi High Court rejects Cairn India's export plea

Cairn argues selling its excess crude to domestic companies is costing govt Rs 4.5 crore each day

Cairn India faces problem in selling additional gas

Cairn is able to produce around 0.6 mmscmd gas at present and plans to increase the volume to 1 mmscmd by next year but it's facing transportation issues

Cairn oil and gas output drops 4% in Q2

Company's mainstay Rajasthan block output was marginally lower at 1,67,699 barrels

Cairn to spend $150 million on 10 exploratory wells in Andhra Pradesh

The company will start drilling three wells at Palar, starting early next year

Centre to submit decision on extension of Barmer oil contract by October 14

The current production sharing contract between Cairn and ONGC expires on May 14, 2020

Cairn India merger: Vedanta to seek creditors nod on Sept 8

It has already scheduled a meeting of equity shareholders on the same day in Goa for approval of the merger

Cairn India to invest in existing projects

During the year, Cairn India's operations helped reduce India's import bill by over Rs 21,000 cr

Cairn India's first quarter net profit drops 28%

The company also hopes to complete the process of the merger with parent company Vedanta Ltd by the end of March 2017

Legal breather for Cairn India

Rajasthan HC upholds CST on Barmer crude