Environment Cairn posts losses of almost £1bn amid India, Kraken troubles By Mark Lammey March 12 2019, 11:49 am March 12 2019, 11:49 am Share Cairn posts losses of almost £1bn amid India, Kraken troubles Share via Facebook Twitter Whatsapp Messenger Linkedin Email Post link https://www.pressandjournal.co.uk/fp/news/environment/1697363/cairn-posts-losses-of-almost-1bn-amid-india-kraken-troubles/ Copy Link Scottish oil firm Cairn Energy vowed to go after “material” exploration targets this year despite suffering losses of almost £1 billion in 2018. The Edinburgh-headquartered firm sank to pre-tax losses of £955 million in 2018, compared to a surplus of £205m the previous year. Revenues climbed to £310m from £25m. Read more on Energy Voice here.
