BNET Industries
Cairn Energy Plc. is in the Energy Industry
Latest News and Analysis
Banks and Miners Drag FTSE Down Early
By Dominic Lau LONDON (Reuters UK) - The leading shares index fell early on Monday, snapping a three-day winning run, as fears of a deeper and longer slowdown weighed on banks, while weaker metal prices hit mining stocks. By 8:51 a.m., the FTSE 100 was down...
Cairn Energy Swings to First-half Operating Profit
By Tom Bergin LONDON (Reuters UK) - Cairn Energy CNE reported a drop in first-half profit after tax on Tuesday as it sold fewer shares in its Indian unit, but at an operating level the company swung to profit from a loss in the same period...
Additional Resources
STOCKS FOCUS: CAIRN ENERGY
CAIRN Energy reported "significant progress" for Cairn India in its second year of operation. Sir Bill Gammell, chief executive of the Edinburgh-based oil and gas company, said that Cairn India was committed to deliver the first oil from Rajasthan by the second half of 2009. Cairn India, he said, will...
Main movers
Anglo American 2,750p (up 77p, 2.88 per cent) Miners bounce on metal prices; group announces platinum results and deal updates. Xstrata 3,359p (up 89p, 2.72 per cent) Upgraded to "outperform" by Chevreux. Pearson 606p (up 10.5p, 1.76 per cent) Group posts 14 per cent...
Alliance & Leicester tumbles over capital fears
MARKET REPORT Alliance & Leicester was weak yesterday after Panmure Gordon, mindful of the "unenviable combination of operating losses and declining credit quality/rising risk weightings", highlighted the need for additional capital at the FTSE 250-listed bank. The broker slashed its...
Fears of covenant breach weigh on Wolseley
MARKET REPORT Wolseley touched its lowest level since late 2001 yesterday after ABN Amro warned investors about the risk of a covenant breach and highlighted the need for a rights issue. The broker said the company will breach its existing...
Research and Markets: Talisman Energy Inc. Pipeline Operation Asset Summary Report Details the Company's Pipelines Internationally
DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/research/fae032/talisman_energy_in) has announced the addition of the "Talisman Energy Inc. Pipeline Operation Asset Summary Report" report to their offering. Talisman Energy Inc. Pipeline Operation Asset Summary Report Summary Talisman Energy Inc. Pipeline Operation Assets Summary...
Talisman Energy Inc. Oil and Chemicals Storage Operation Asset Summary Report Examines the Major Competitors of Talisman Energy Inc
DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/research/c5fd6e/talisman_energy_in) has announced the addition of the "Talisman Energy Inc. Oil and Chemicals Storage Operation Asset Summary Report" report to their offering. Talisman Energy Inc. Oil and Chemicals Storage Operation Assets Summary Report is an essential source for company...
GE Energy Supplying 32 Jenbacher Gas Engines to Provide Power for India's First Heated Crude Oil Pipeline Project
Project Represents GE's Largest Jenbacher Engine Order in India as Country Expands its Energy Generation, Delivery Infrastructure JENBACH, Austria -- GE Energy is supplying Cairn India with 32 of its J420 GS Jenbacher gas engines that will generate the electricity for India's first cross country,...
BG energised by Shell bid rumours and upgrade
MARKET REPORT A round of bid rumours and some positive broker comment turned the spotlight on the energy group BG yesterday. Midday rumours suggested the rival energy giant Royal Dutch Shell, which was down 29p at 1,988p, may soon unveil an offer for...
Taylor Wimpey recovers after 'irrational losses'
MARKET REPORT Taylor Wimpey rose by more than 15 per cent yesterday after UBS, which sparked a sell-off in housing stocks with a gloomy report last week, said the "Arma-geddon scenario" was already priced into the sector. Current sector share...
Energy stocks boost European markets
LONDON AFP — Europe's main stock markets rallied Friday as energy companies garnered support from surging crude oil prices which boost their profits, analysts said. In late morning trade, London's FTSE 100 index of leading shares gained 0.90 percent to 6,049.50 points. Frankfurt's DAX...
Rentokil bucks the trend on MBO speculation
MARKET REPORT The business services specialist Rentokil Initial bucked the market trend and rose the most since late February yesterday after rumours suggested a management buyout plan may be in the offing. The speculation, which suggested that the newly installed...
Sri Lanka gives Cairn India the nod to explore oil and gas
COLOMBO AFP — Cairn India, a unit of British exploration firm Cairn Energy Plc, has secured rights to explore oil and natural gas deposits off Sri Lanka's coast, the island's petroleum minister said Friday. The area, known as block one, covers around 3,400 square kilometres off...
European stock markets sink
LONDON AFP — European equities fell sharply Wednesday, mirroring a poor overnight US showing, as energy and mining firms were hammered by weakening oil and metals prices, while banks continued to suffer from credit worries. London's FTSE 100 index of leading shares fell 1.61 percent to...
London
WORLD MARKETS The FTSE 100 ended flat as near-record crude prices boosted commodity shares but economic and rights-issue concerns dragged banks lower. The FTSE 100 fell 1.5 to 6,068.1, after earlier hitting 6,130.5. BP, Cairn Energy and Shell led the advance, up 1.2 to 3.1 per cent...
Taylor Wimpey falls to lowest since 1990s recession
MARKET REPORT Taylor Wimpey sunk to its lowest level since the recessionary times of the early 1990s yesterday after a new report from the Nationwide Building Society highlighted the sorry state of the housing market. The Nationwide House Price index...
London
WORLD MARKETS The FTSE 100 ended down 0.5 per cent as falling US crude weighed on oil shares, while SABMiller climbed 6.9 per cent on reports that the Belgian rival Inbev was eyeing the brewer. BP and Cairn Energy shed 2.1 per cent. The...
London
WORLD MARKETS The FTSE 100 eked out modest gains, dominated by record oil prices that set energy shares alight but cast the shadow of inflation over the wider market. The blue-chip gauge closed up 6.5 points at 6,198.1. Oil shares stormed ahead - BP rose 3.5 per...
Research and Markets: Unique Insight into Major Oil and Gas Assets of Cairn Energy PLC
DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c92527) has announced the addition of "Cairn Energy PLC Oil and Gas Assets Report" to their offering. Cairn Energy PLC Oil and Gas Assets Report is an essential source for company data and information. The report examines Cairn Energy PLC's key business...
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