Paul Mcdade

44 results

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 Oil’s offices in Leopardstown: The group found less oil than hoped at offshore well in Guyana

Tullow Oil shares plunged on Thursday after the troubled exploration company found less oil than expected after drilling an offshore well in Guyana. (...)

Noel and Valerie Moran walked away with a €266 million payout for Prepaid Financial Service. Photograph: Alan Betson

It was a year of extremes in the corporate world – financial reward and glory for some; the end of the road for others. And 2019 also saw a cast of fi(...)

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.(...)

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

African oil executive Samuel Dossou-Aworet has built up a stake of just over 7 per cent in Tullow Oil, taking advantage of a slump in the oil explorat(...)

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(...)

NYSE traders work on the floor  at the start of the trading day,  December 9th.  Photograph: Epa/Justin Lane

A slump in Irish-founded Tullow Oil’s shares and weak data from China left European stocks trailing on Monday. DUBLIN Food group Kerry closed on Mon(...)

Tullow Oil’s share-price slump wiped £1.43 billion (€1.7 billion) off its stock market value, and reignited market speculation that it could be a takeover target. Photograph: Baz Ratner/Reuters

Tullow Oil shares slid 72 per cent to levels not seen since 1999 as the group cut its oil production forecasts for the coming years, suspended its div(...)

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(...)

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