News Oil & Gas

Cairn revenue falls as net oil output dips

Cairn Energy plc announced a decrease in revenue as net oil production fell slightly below guidance figures. In its full year result for 2020, the group’s revenue from net oil and gas sales was recorded at US$324 million (2019: $504m) following the fall in oil prices last year. Net oil production averaged just over 21,000 bopd, […]