Tullow Oil says it will plug and leave the Spari-1 well in Suriname and the Salander hole in Norway.

Tullow Oil will abandon offshore wells in Suriname and Norway after it failed to find any oil or gas. The company will plug and leave the Spari-1 wel(...)

Tullow chief executive Aidan Heavey said revenue was lower due to the fall in oil prices and asset sales.

Aidan Heavey, the chief executive of Tullow Oil, said the financial benefits of the company’s recent restructuring plan will become apparent in the se(...)

Last year the group recorded a contingent liability of $265 million in relation to the dispute

Irish exploration group Tullow Oil is to pay an additional $108 million (€94.7m) to the Ugandan government to settle a capital gains tax dispute. Ugan(...)

Aidan Heavey, chief executive, Tullow: “We have always been aggressive in chasing acquisitions in downturns.”

Mark Paul, Business Affairs CorrespondentAidan Heavey, the chief executive of Tullow Oil, says the company has spare financial resources of $1 billion(...)

Aidan Heavey says it’s a ‘buyer’s market’ for farm-ins Photograph: Cyril Byrne/The Irish Times May 28th-09

Tullow Oil, the Africa-focused oil group that has been a perennial takeover target, is itself seeking acquisitions across the continent after crude pr(...)

Chief executive Aidan Heavey has said Tullow Oil needs to be able to cope with oil prices of $50 a barrell “long-term”. Photograph: Cyril Byrne

Tullow Oil says it is making “about a third” of the more than 140 staff at its Dublin offices redundant, as the company slashes its cost base to deal(...)

Glenn Murray celebrates after scoring the first goal for Crystal Palace as Manchester City’s Joe Hart appeals for offside recently. Photograph: Reuters / Suzanne Plunkett

We are approaching, as Alex Ferguson once charmingly described it, the nerve wracking “squeaky bum time” of the English football season. Half the Iris(...)

Brian O’Cathain, Chief Executive Officer, at the Petroceltic EGM, in Kildare Street, Dublin. Photograph: Dara Mac Dónaill

Petroceltic’s Brian O’Cathain can pat himself on the back for a job well done after comprehensively seeing off a challenge yesterday from activist inv(...)

Tullow will focus on developing what it has already discovered, particularly in west Africa. Photograph: Danny Lawson/PA Wire

Aidan Heavey is the longest-serving chief executive on the FTSE 100 index, having been at the helm of Tullow Oil since 1985. It would be a touch ironi(...)

2014 “was a difficult year for our industry and a challenging one for Tullow” Aidan Heavey, chief executive with Tullow said. (Photograph: Danny Lawson/PA Wire)

Aidan Heavey, the chief executive of Tullow Oil, has conceded its membership of the FTSE 100 index of the biggest companies on London’s stock exchange(...)