Aidan Heavey

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A Tullow Oil facility in Kenya.

Tullow Oil is working on restructuring plans to shave $20 million (€18.2 million) of annual costs, which is set to involve the explorer cutting a thir(...)

A worker is seen at a Tullow Oil explorational drilling site in Lokichar, Kenya. File photograph: Baz Ratner/Reuters

In December 2010, John Atta Mills, the late president of Ghana, opened the valves that set the first gush of crude flowing from Tullow Oil’s Jubilee f(...)

Tullow shares have slumped by 64 per cent in the past five weeks. Photograph: Reuters

Tullow Oil, on track to be the worst-performing stock on the FTSE 350 in 2019, has the look these days of a company only a doting relative could love.(...)

Property prices  are rising at a rate of 0.9 per cent a year, the slowest rate of increase since December 2007. Photograph: Chris Ratcliffe/Bloomberg

With the theatre of Brexit on the backburner while the the UK general election played out, attention this week turned to housing. It appears as thou(...)

A Tullow interest in Kenya: Having a stomach for oil at all takes a particularly tough type of investor in these climate-conscious days. Photograph: Reuters

The whiff of sulphur around Tullow Oil’s stock continues to linger. Shares in the company, founded in 1985 by one-time Aer Lingus accountant Aidan H(...)

It was a weak day for financial stocks, with Bank of Ireland closing down 3.4 per cent at €4.35. Photograph: Bloomberg

European shares retreated from four-year highs on Wednesday, as ambiguity over a US-China trade deal and intensifying unrest in Hong Kong kept investo(...)

Tullow Oil’s offices in Leopardstown

More than one quarter was wiped off the stock market valuation of Tullow Oil on Wednesday after it warned about the commercial viability of two major (...)

UK prime minister Boris Johnson delivering his speech  on the final day of the Conservative Party conference. Photograph: Getty Images

The UK may be standing on the precipice and just weeks away from stepping off, but prime minister Boris Johnson was nonetheless cheered into the audit(...)

Aidan Heavey’s new venture Boru aims to exploit divestment drive by big energy company.

After pledging to end his career in the oil and gas sector with Tullow, the company he founded in the mid 1980s, it seems Aidan Heavey has had a chang(...)

Former Tullow chairman Aidan Heavey. Tullow expanded rapidly in the 2000s through a series of acquisitions.  Its fortunes, however, turned sharply in 2014

Former Tullow Oil senior executives Aidan Heavey and Tom Hickey have secured $1 billion (€920 million) in backing from US investment giant Carlyle for(...)

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