CAG report is not the final word on any issue: SC

CAG report commands respect and cannot be brushed aside but it cannot be the final word on an issue, the Supreme Court said on Thursday.

Cairn to start drilling for oil in Sri Lanka in July

Cairn India, a unit of British
exploration firm Cairn Energy plc, said today it plans to
drill for oil and natural gas deposits off Sri Lanka`s
northwestern coast in July.

Vedanta buyout of Cairn, another 2G in the making: CPI-M MP

A CPI-M member asked Prime Minister Manmohan Singh to reject approval to "a
fly-by-night operator" with no experience in oil sector.

Cairn India sells 1 billion barrels of oil from Mangala

Cairn India has produced and
sold one billion barrels of oil from its Mangala oil field in
Rajasthan, the nation`s most prolific on-land field.

Cairn India sells stake, raises $1.6 billion

Rajasthan crude oil fields operator Cairn India Thursday said it had sold a 2.3 percent stake to Malaysian oil major Petronas and raised $1.6 bn.

Cairn India ties up USD 1.6 bn to repay debt, fund Raj project

Cairn India on Wednesday said it has tied up USD 1.6 billion funds from domestic and overseas lenders to repay old debt and to accelerate the Rajasthan project where crude oil production started a few weeks back.

Cairn sells its first crude from Rajasthan to MRPL

Cairn India, the company that gave the nation its largest oil discovery in more than two decades, has sold the first crude from its prolific Rajasthan fields to the Mangalore Refinery and Petrochemicals Ltd (MRPL).

Cairn India to pay production tax on Rajasthan oil: Govt

The Petroleum Ministry has asked Cairn India to pay a production tax on the oil it has started to produce from its prolific Rajasthan fields even though the contract does not clearly lay the onus of the levy on it.

Cairn to pay sales tax only on crude sold in Raj: Centre

The Centre has told Rajasthan that only Central Sales Tax can be levied on crude oil sold from Cairn India`s fields in the state to refiners elsewhere.

Cairn begins oil production from Mangala; PM terms it `a new era`

Prime Minister Manmohan Singh on Saturday inaugurated production from the country`s biggest oil find in more than two decades and said that India offered "a very good" climate for foreign investment in the sector.

Govt may allow Cairn to sell Rajasthan crude to pvt refiners

The government may allow private refiners like Reliance Industries Ltd, Essar Oil to buy Cairn India`s Rajasthan crude, if the public sector firms do not buy the entire output from the field.

Cairn, ONGC to invest USD 1.5-1.8 bn more in Raj oilfields

Cairn India and its partner Oil
and Natural Gas Corp (ONGC), which will this weekend start oil
production from their prolific Rajasthan fields, will invest
USD 1.5-1.8 billion more in the desert block over the next two

PM to inaugurate Cairn`s Rajasthan oil production on Aug 29

Cairn India will begin crude oil production from its prolific Rajasthan block on Saturday when PM Manmohan Singh will inaugurate its facility at Barmer.

Cairn Energy to start pumping India oil this week

Cairn Energy, the Scottish exploration group, said today it will begin pumping its first oil this week from Rajasthan in western India, five years after discovering crude there.

Cairn`s Rajasthan oil field set for inauguration

Prime Minister Manmohan Singh is expected to inaugurate later this month Cairn India`s Rajasthan oil fields, sources said Wednesday.

Cairn to begin oil production from Rajasthan this month

Cairn India, part of the British oil explorer Cairn Energy, will start crude oil production from its Mangla oil fields in Barmer, Rajasthan, from the second week this month, a top official said on Sunday.