Cairn Energy

Cairn Energy may have the fortitude to search for oil in the Arctic but it has more than met its match in the hotter climes of India. Sub-zero temperatures and pack ice can be no more hostile than an indecisive, glacial regulator. Read more

Kiran Stacey

The first London trading day of 2011 is proving to be a volatile one for oil explorers.  Read more

Sylvia Pfeifer

Shares in Cairn Energy are up 2.95 per cent to 439.40p this afternoon in London after the Edinburgh-based oil and gas explorer said it had found oil off the shores of Greenland. The company, led by founder Sir Bill Gammell, has been drilling there since early summer. Read more

Sylvia Pfeifer

Cairn Energy has been forced to suspend its operations on one of its rigs in the Arctic after four Greenpeace campaigners scaled the rig early on Tuesday morning in a bid to stall oil drilling in the region. The UK oil and gas explorer has plans to drill four wells off Greenland’s west coast, but the recent BP oil spill in the Gulf of Mexico has raised fears over the risks of offshore drilling. Greenpeace’s interruption may only be temporary this time but expect more protests over the coming weeks. Read more