Oil company intends to focus on its Ghana oilfields in $400m investment plan
Tullow Oil
Cash-strapped government has conducted a review of past payments by some of its largest companies
Irish-founded oil explorer’s net debt has fallen to $1.9 billion from a high of $4.6 billion in 2016
Oil producer attempts to bring down costs after two strategic wells returned disappointing results
Lowball valuation of Capricorn’s assets outside its cash hoard proved a step too far for investors in the group
Capricorn withdraws recommendation to approve merger with Tullow
Some Capricorn investors argue the all-share deal, which requires 75% support, undervalues their business
Tullow is the latest firm to delist from the Irish stock exchange, now known as Euronext Dublin
The Irish-founded explorer floated on the Irish market 33 years ago
Bargain-hunters enter market after sell-off on economic worries
Ecommerce stocks fall as pandemic bounce fades
Firm hedges most of its output with price floors and ceilings to shield against volatility
Energy stocks rise as oil prices exceed $130 a barrel amid inflation concerns
Oil prices spike on fears of a supply disruption
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