Showing results for "#Cairn Energy"
Vedanta chairman outlines $4 bn plan to double oil production
The company is pushing ahead with the investment undeterred by concerns around debt levels at parent Vedanta Resources.
Will forego USD500 mn and invest if India pays dues: Cairn
11 April 2021 11:22 PM ISTUK’s Cairn Energy Plc has offered to forego $500 million and invest that amount in any oil and gas or renewable energy project identified by the...
Cairn looks to seize Air India assets to recover USD 1.7 bn award due...
15 May 2021 7:02 PM ISTUK's Cairn Energy Plc has brought a lawsuit in a US court that potentially can lead to seizing of Air India's overseas assets such as airplanes to...
Burying retro tax: Govt brings bill to remove tax demand on Cairn,...
6 Aug 2021 6:27 AM ISTIn a bid to bury the ghost of retrospective taxation, the government on Thursday brought a bill in the Lok Sabha to withdraw all back tax demands on...
India Asks US Court To Reject Cairn Energy’s 1.2 Billion Dollar Suit
18 Aug 2021 8:15 AM ISTCairn had in May asked a US federal court to force Air India to pay a $1.26 billion arbitration award the firm had won in December.
Cairn Energy to change name to Capricorn Energy
5 Nov 2021 4:02 PM ISTBritain oil and gas explorer Cairn Energy PLC will change its company name to Capricorn Energy PLC from mid-December, around the time its over USD 1...
Cairn withdraws all lawsuits against India
6 Jan 2022 1:33 AM ISTBritain’s Cairn Energy has dropped all lawsuits against the Indian government and its entities in courts from the US to France and to Singapore, to...
India refunds Rs 7,900 crore to Cairn to settle retro tax dispute
25 Feb 2022 12:46 AM ISTThe company, which is now known as Capricorn Energy PLC, in a statement said it has received “net proceeds of USD 1.06 billion”, of which nearly 70...