Tullow Oil

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A Tullow Oil drilling site in Kenya. Photograph: Baz Ratner/Reuters

CNOOC will not exercise its rights to buy half of Tullow Oil’s share in onshore oil fields in Uganda that the company has agreed to sell to Total. I(...)

The transaction  will go a large way towards Tullow’s plan to raise $1 billion  this year to tackle its $2.8 billion debt pile. Photograph: iStock

Tullow Oil, battered by a series of production and drilling disappointments last year and slumping oil prices in more recent times, is taking victorie(...)

A Tullow Oil drilling site in Kenya. Photograph: Baz Ratner/Reuters

Tullow Oil said that Total has agreed to buy its entire stake in their joint onshore oil fields in Uganda for $575 million (€531.6 million) as part of(...)

Storage tanks at Tullow Oil’s Ngamia 8 drilling site in Kenya. Photograph: Baz Ratner/Reuters

Tullow Oil, the troubled oil and gas exploration company with Irish roots, has appointed Rahul Dhir as its new chief executive officer, with effect fr(...)

Storage tanks at a Tullow Oil  site in Kenya. Photograph: Baz Ratner/Reuters

Tullow Oil has identified further cost savings of about $85 million (€78 million) while its lenders have approved its credit facility with a debt capa(...)

Traders work on the floor of the New York Stock Exchange. Photograph: Jeenah Moon/Getty Images

Irish stocks shed more than a 10th of their value at one point on Thursday on a day that saw UK and US indices falling the most since the 1987 stock m(...)

Tullow Oil chairwoman Dorothy Thompson: ‘We have worked hard on a thorough review of the business.’

Revenue fell at Tullow Oil last year and the company reported $1.7 million loss as exploration write-offs and impairments hit. The company announced(...)

A trader on the floor of the New York Stock Exchange. Photograph: Timothy A Clary/AFP via Getty

Banking stocks stood out as the worst performers on the Iseq on Monday as stocks globally plunged amid concerns over the spread of the coronavirus and(...)

Tullow Oil said in January that had hedged the equivalent of 45,000 bpd at a minimum $57.28 per barrel at the end of last year, which will underpin its cash flow forecasts.

Tullow Oil’s bonds due to mature in 2025 fell to 55 cents on the dollar and its shares plunged to levels not seen since 1993 as investors fretted abou(...)

 Tourists on  St Andrew’s Street, Dublin. Tourism is likely to be affected by the coronavirus. Photograph: Alan Betson

Monday Results: Corbion. Indicators: German industrial production (Jan), imports and exports (Jan); US consumer inflation expectations (Feb). Tu(...)

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