The chairman and founder of oil explorer Cairn Energy vowed today to continue operations off the coast of Greenland despite unsuccessful drilling in the region causing a $1.1 billion (£693 million) last year.
Vikings 'carried mice to colonies'
Monday 19 March 2012
Mice hitched a ride with Vikings to mount their own invasions in the 10th century, research has shown.
Billions of tons of water lost from world's glaciers, satellite reveals
Thursday 09 February 2012
The total volume of water that has melted from all of the world's polar ice sheets, ice caps and mountain glaciers over the past decade would repeatedly fill Britain's largest lake, Windemere, more than 13,000 times, according to one of the most comprehensive studies of the Earth's frozen "cryosphere".
Market Report: Footsie ends on a high but Cairn Energy misses out
Saturday 04 February 2012
It may have been boom time in the Square Mile, but not everyone was along for the ride. While the Footsie closed last night at its highest since last July, Cairn Energy was among the stocks missing out on the rally amid fears the oil explorer is about to come under sustained pressure.
India finally clears Vedanta takeover of Cairn assets
Tuesday 06 December 2011
Fifteen months after striking a deal to sell a controlling stake in its Indian unit, Britain's Cairn Energy has received regulatory clearance and can complete the $6.5bn (£4.1bn) transaction.
Cairn comes up dry for eighth time in Greenland
Monday 05 December 2011
Investors hoping to cash in on an oil boom off the vast, untapped coast of Greenland were dealt a blow yesterday after Cairn Energy said that, after spending $1bn (£636m) and drilling eight exploration wells, it had failed to make a commercially viable discovery in the region.
Cairn campaign off the coast of Greenland hit by failure
Thursday 01 December 2011
Cairn Energy fails to find oil again
Wednesday 30 November 2011
Oil and gas explorer Cairn Energy revealed more misery for its controversial drilling campaign off the coast of Greenland today as it failed to find oil in two more wells.
Rhodri Marsden: When saying 'hi!' is a more useful dating tactic than a classified ad
Tuesday 29 November 2011
Life on Marsden
Arctic oil spill plan condemned
Wednesday 31 August 2011
Environmental campaigners today accused a UK oil company of "breathtaking irresponsibility" over its plans for clearing up a possible spill in the Arctic.
Greenland ready with spill plan
Tuesday 16 August 2011
Greenland said last night it would publish its oil spill response plan, in a move which could dampen some of the controversy surrounding oil exploration in its waters.
Cairn hit by Greenland well disappointment
Thursday 04 August 2011
Investors in Cairn Energy were left disappointed yesterday after the oil prospector said a well drilled as part of its controversial Greenland exploration campaign had come up dry.
Malibu, Hawaii's North Shore, Bondi Beach... Scarborough?
Friday 29 July 2011
Scarborough, the Yorkshire seaside town known for its bracing airs and donkey rides, plans to reinvent itself as the surf capital of the North.
David Prosser: When Cairn took on the polar bears
Thursday 21 July 2011
Outlook Having seen what happened to BP in the wake of the Deepwater Horizon disaster, one can understand why Cairn Energy might feel a little edgy about the protests against its drilling for oil in the Arctic Ocean off the coast of Greenland. But if an oil company were to write a masterplan for setting itself up as a big bad bogey figure, the way Cairn is behaving in its continuing dispute with Greenpeace would surely provide the blueprint.








