Tullow Oil swings to profit in first half of 2021 Tullow Oil rebounded with a first-half profit today and announced a development plan for its Kenya project, sending shares in the Africa-focused firm as much ... Business • 15 Sep
Tullow Oil expects full year cashflow of $600m Africa-focused Tullow Oil said it expects a full-year operating cashflow of $600m, steady from last year, if the oil price averages $60 a barrel for ... Business • 14 Jul
Tullow Oil raises hedging to 75% of output for 2 years Africa-focused Tullow Oil said today that it was increasing the volume of oil it protects with hedging to 75% of the company's output for the ... Business • 16 Jun
Tullow Oil chairwoman Dorothy Thompson to step down Africa-focused Tullow Oil said today that Chairwoman Dorothy Thompson would step down towards the end of the summer after nearly three years in the role. Business • 02 Jun
Tullow rejigs debt with offer of $1.8 billion in notes Tullow Oil said today it was offering notes worth $1.8 billion and had received $600m in commitments from lenders as part of a flagged debt ... Business • 29 Apr
Dispute between Tullow Oil and landlord fast-tracked A dispute between Tullow Oil and the landlord of a South Dublin premises it entered into lease agreements with, has been admitted to the fast-track ... Business • 15 Sep
Tullow Oil expects $500m 2021 cashflow at $50 oil price Africa-focused Tullow Oil said today it expected to generate $500m in operating cashflow this year at an oil price of $50 a barrel, which is ... Business • 10 Mar
Tullow Oil agrees reserve-based loan deal with banks Exploration company Tullow Oil said today it has agreed to a new reserve-based loan of about $1.7 billion with its banks. Business • 26 Feb
Panoro to buy African oilfields from Tullow for $180m Tullow Oil has agreed to sell stakes in some of its non-operated offshore oilfields in Equatorial Guinea and Gabon to smaller Africa-focused rival Panoro Energy ... Business • 10 Feb
Tullow Oil to sell stakes in some oilfields for $180m Tullow Oil has agreed to sell stakes in some of its non-operated offshore oilfields in Equatorial Guinea and Gabon to smaller Africa-focused rival Panoro Energy ... Business • 09 Feb
Tullow's lenders agree to extended debt talks Tullow Oil said today that its lenders had agreed to extend talks about its reserve-based lending loan by a month beyond the end of January. Business • 27 Jan
Tullow's new strategy focuses on west African oilfields Tullow Oil will commit 90% of its investments in coming years on its existing oilfields offshore West Africa and move exploration activities to the back ... Business • 25 Nov 20
Tullow completes sale of Uganda assets to Total Exploration company Tullow Oil said the $500m sale of its assets in Uganda to Total has been completed today. Business • 10 Nov 20
Tullow Oil gets Uganda clearance for asset sale to Tota Shares in oil producer Tullow Oil surged 24.8% today - their biggest daily percentage jump since June - after it said it had received Ugandan ... Business • 21 Oct 20
Tullow Oil retains $500m liquidity headroom Tullow Oil said today it retains $500m liquidity headroom as of the start of the final quarter of its fiscal year. Business • 07 Oct 20
Tullow Oil reports $1.3 billion half yearly loss Tullow Oil is exploring ways to fend off a potential cash crunch as the London-listed group reported a $1.3 billion loss after it was forced ... Business • 09 Sep 20
Tullow Oil sees H1 impairment of $1.7 billion Tullow Oil said today it was set to book $1.4-1.7 billion in impairments before tax in its half-year results, due on September 9, as it ... Business • 29 Jul 20
Tullow sells stake in Uganda project to Total for $575m Tullow Oil said today that Total has agreed to buy its entire stake in their joint onshore oil fields in Uganda for $575m as part ... Business • 23 Apr 20
Tullow Oil cuts capital expenditure to $300m Tullow Oil's lenders have approved the size of its reserves-based lending facility at $1.9 billion, giving the group $700m of undrawn loans and cash at ... Business • 03 Apr 20
Tullow Oil cuts investment budget by a third Africa-focused Tullow Oil said it expects its free cash flow this year to reach $50 million to $75 million at an oil price of $50 ... Business • 12 Mar 20
Tullow Oil to abandon well off Peru after no oil found Tullow Oil said it will plug and abandon its Marina-1 well in offshore Peru after drilling reached maximum depth without finding oil. Business • 17 Feb 20
Total chief dismisses Tullow Oil takeover idea Total chief executive Patrick Pouyanne has dismissed the idea it might buy its partner in East Africa and Guyana, Tullow Oil. Business • 12 Feb 20
Tullow Oil plans to cut third of workforce - source Tullow Oil plans to cut a third of its staff to save about $20m, a source with direct knowledge of the matter has said. Business • 05 Feb 20
Africa-focused Tullow's largest investor builds stake Tullow Oil's largest investor and West African oil tycoon Samuel Dossou-Aworet has increased his stake in the exploration firm to almost 10%, raising the possibility ... Business • 29 Jan 20
Tullow to book $1.5bn writedown on oil price outlook Exploration company Tullow Oil said it expects to report a $1.5 billion writedown after lowering its long-term oil price assumptions by $10 to $65 a ... Business • 15 Jan 20
