Cairn halts its Arctic drilling

first_img Cairn halts its Arctic drilling by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was Famous, Now She Works In {State}MoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farm Show Comments ▼ Share KCS-content Tuesday 26 October 2010 7:44 pm whatsappcenter_img whatsapp More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comWhy people are finding dryer sheets in their mailboxesnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com Cairn Energy stopped drilling in Greenland before completing an oil well after Greenpeace protesters delayed work, potentially incurring millions of pounds in extra costs and hitting the explorer’s shares.The Edinburgh-based group yesterday said the Alpha-1S1 well in Baffin Bay did not reach the depth it was aiming for before it was forced to halt drilling by the ending of the narrow Arctic drilling season.Activists from environmental group Greenpeace had in August boarded the Stena Don rig which was drilling the well and halted work in the hope of stopping Cairn from reaching its objective before the end of the season.Shares in Cairn plunged 8.9 per cent to 382.5p in early trading, hitting their lowest level since the end of May and making the company the biggest faller in the benchmark FTSE 100 index.Cairn’s exploration campaign was the first drilling in a decade in Greenland, which energy consultancy Wood Mackenzie said could have reserves of 20bn barrels.Oil majors including Exxon Mobil Corp, Chevron Corp and Husky Energy are queuing up to drill in the Arctic territory but, invigorated by the BP oil spill, environmentalists have vowed to frustrate them. Tags: NULLlast_img

first_img Cairn halts its Arctic drilling by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was Famous, Now She Works In {State}MoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farm Show Comments ▼ Share KCS-content Tuesday 26 October 2010 7:44 pm whatsappcenter_img whatsapp More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comWhy people are finding dryer sheets in their mailboxesnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com Cairn Energy stopped drilling in Greenland before completing an oil well after Greenpeace protesters delayed work, potentially incurring millions of pounds in extra costs and hitting the explorer’s shares.The Edinburgh-based group yesterday said the Alpha-1S1 well in Baffin Bay did not reach the depth it was aiming for before it was forced to halt drilling by the ending of the narrow Arctic drilling season.Activists from environmental group Greenpeace had in August boarded the Stena Don rig which was drilling the well and halted work in the hope of stopping Cairn from reaching its objective before the end of the season.Shares in Cairn plunged 8.9 per cent to 382.5p in early trading, hitting their lowest level since the end of May and making the company the biggest faller in the benchmark FTSE 100 index.Cairn’s exploration campaign was the first drilling in a decade in Greenland, which energy consultancy Wood Mackenzie said could have reserves of 20bn barrels.Oil majors including Exxon Mobil Corp, Chevron Corp and Husky Energy are queuing up to drill in the Arctic territory but, invigorated by the BP oil spill, environmentalists have vowed to frustrate them. Tags: NULLlast_img

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