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Dorothy Thompson, former chief of Drax Group, is Tullow Oil's new chair

Tullow founder Heavey to be replaced as chairman

Tullow Oil's founder and chairman, Aidan Heavey, is set to leave the company he led for three decades, and will be replaced as chair by Dorothy Thompson, former chief of Drax Group.

Business • 17 Apr 18

Incoming CEO of Tullow Oil, Paul McDade, said the appointment of Aidan Heavey (above) as chairman is right for the company

Tullow says promoting CEO to chairman best for company

Paul McDade, the incoming chief executive of Tullow Oil, said today the Africa-focused oil firm's proposal to appoint its outgoing CEO as chairman may not be best practice but it was in the company's interest.

Business • 26 Apr 17

Tullow Oil has reported a full-year operating loss of $754.7m for 2016

Tullow reports loss for third year in a row

Tullow Oil today missed forecasts to fall to a third consecutive annual loss as it wrote off more of its Africa-focused exploration business, sending its shares lower.

Business • 08 Feb 17

Tullow CEO Aidan Heavey to become the company's chairman later this year

Tullow founder to step down as CEO

Tullow Oil's long-serving chief executive and founder Aidan Heavey is to step down in April and retire within two years.

Business • 11 Jan 17

Tullow cuts its full-year production forecast from its West African fields

Tullow cuts spending budget due to weak oil prices

Tullow Oil has reduced its 2016 capital expenditure budget by more than a third below this year's investments to $1.2 billion, cutting costs as weak oil prices continue to eat into its profit.

Business • 11 Nov 15

Tullow to review its operations in French Guiana and Mauritania

Tullow Oil to review African assets

Tullow Oil has placed some of its African offshore drilling projects under review as it plans to cut exploration costs to deal with the consequences of tumbling oil prices.

Business • 12 Nov 14

Tullow maintains its full-year production guidance of 79,000-85,000 barrels of oil equivalent a day

Tullow posts $415m exploration write-off

Tullow Oil has reported a $415m pre-tax write-off in net exploration in the first half of 2014 after disappointing results in Mauritania, Ethiopia and Norway.

Business • 02 Jul 14

Tullow Oil also issues operational update on its Kenyan work

Tullow Oil eyes higher 2013 revenue and profits

Tullow Oil has said it is expecting total revenue of $2.6 billion for 2013 and gross profit of $1.4 billion, both up on the previous year.

Business • 15 Jan 14

Tullow reports major progress from Kenya, Ghana and Uganda

Tullow Oil 'well placed' for the rest of 2013

Tullow Oil increased its estimate of resources in Kenya and announced a new discovery, moving closer to commercial production of oil there.

Business • 03 Jul 13

Tullow Oil reports increase in revenue and profit

Tullow Oil has reported a 48% increase in pre-tax profit to $829m in the first six months of 2012.

Business • 25 Jul 12

Tullow expecting record H1 revenues

Exploration firm Tullow Oil has said its total revenue for the first half of 2012 is expected to be about $1.15 billion, compared with $1.06 billion the same time last year.

Business • 04 Jul 12

Aidan Heavey