Analysts who follow Tullow agree that its price  undervalues its assets, namely its oil exploration and production businesses

Speculation is growing that Irish exploration group Tullow Oil could find itself in the crosshairs of one of the world’s oil majors on the back of a (...)

Between 2009 and 2012, Tullow had drilling successes in Africa, opening up new basins in Uganda (above), Ghana and Kenya

Another week, another dry well for Tullow Oil, which on Monday announced it is abandoning its Lupus-1 prospect off the coast of Norway. For two yea(...)

Brazil’s president Dilma Rousseff  with China’s president Xi Jinping at the sixth Brics summit in Fortaleza. Photograph: Nacho Doce/Reuters

Brazil’s President Dilma Rousseff had some reason to be pleased with herself this week.Not only did she host on Monday a successful meeting of the lea(...)

The Uganda tribunal’s ruling means Tullow must pay an extra $265 million (€195 million) in taxes.

Tullow Oil will try to challenge a ruling that has left the Irish exploration group facing a bill for €195 million in extra taxes in Uganda, home to o(...)

Uganda People’s Defence Forces soldiers participate in a security patrol after unidentified gunmen attacked Bundibugyo town in Western Uganda. Photograph: Reuters

Gunmen killed 17 people when they attacked three police stations and a military barracks in western Uganda, in an area that was once the scene of an i(...)

Sinopec is on track to have a very good third quarter and second half as long as domestic fuel prices continue to track international crude prices closely.

Asia’s biggest refiner, China Petroleum and Chemical Corp, also known as Sinopec, posted a 24 per cent increase in first- half net income after its re(...)

Wang Yilin, chairman of Cnooc, during a news conference in Hong Kong this week. The  company posted a better-than-expected 7.9 per cent increase in first-half profit

Cnooc, China’s biggest offshore oil and gas explorer, posted a better-than-estimated 7.9 per cent increase in first-half profit as rising output helpe(...)

Traders work at Egypt’s Stock Exchange in Cairo yesterday.Oil slipped today from a two-week high above $106 a barrel after Egypt’s armed forces toppled its president, easing concerns over the threat of supply disruption in the Middle East.  Photograph: Mohamed Abd El Ghany/Reuters.

Oil slipped today from a two-week high above $106 a barrel after Egypt’s armed forces toppled its president, easing concerns over the threat of supply(...)

Tullow ceo Aidan Heavey: said transparancy was the best way to avoid allegations

Tullow Oil has rejected as “totally unfounded” allegations of corruption in its Ugandan operations, insisting that it has a “zero tolerance pol(...)