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
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 of a takeover bid. Business • 29 Jan 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 of a takeover bid. 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 barrel. Business • 15 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 barrel. Business • 15 Jan 20
Tullow Oil discovery unlikely to be commercial Tullow Oil has announced that its exploration well, called Carapa-1, off the shore of Guyana in South America, has struck oil. Business • 02 Jan 20
Tullow Oil discovery unlikely to be commercial Tullow Oil has announced that its exploration well, called Carapa-1, off the shore of Guyana in South America, has struck oil. Business • 02 Jan 20
Tullow shares slump as CEO resigns, dividend scrapped Shares in Tullow Oil sank today as chief executive Paul McDade stepped down, as well as the company's exploration director Angus McCoss. Business • 10 Dec 19
Tullow shares slump as CEO resigns, dividend scrapped Shares in Tullow Oil sank today as chief executive Paul McDade stepped down, as well as the company's exploration director Angus McCoss. Business • 10 Dec 19
Tullow Oil cuts 2019 oil production guidance Tullow Oil has today cut its outlook for production and cash flow because of persistent problems in Ghana, while it also revealed that the quality of oil recently discovered in Guyana was heavy in nature. Business • 13 Nov 19
Tullow Oil cuts 2019 oil production guidance Tullow Oil has today cut its outlook for production and cash flow because of persistent problems in Ghana, while it also revealed that the quality of oil recently discovered in Guyana was heavy in nature. Business • 13 Nov 19
Tullow to drill new Guyana wells after second discovery Tullow Oil plans to drill three or more oil exploration wells in Guyana next year, chief executive Paul McDade said today after the firm's second oil discovery in the country. . Business • 16 Sep 19
Tullow to drill new Guyana wells after second discovery Tullow Oil plans to drill three or more oil exploration wells in Guyana next year, chief executive Paul McDade said today after the firm's second oil discovery in the country. . Business • 16 Sep 19
Tullow Oil's sale of stake in Uganda project called off Tullow Oil's sale of a stake in its planned 230,000 barrel per day project in Uganda to France's Total and China's CNOOC has been called off due to a tax dispute with the Ugandan authorities, Tullow said today. Business • 29 Aug 19
Tullow Oil's sale of stake in Uganda project called off Tullow Oil's sale of a stake in its planned 230,000 barrel per day project in Uganda to France's Total and China's CNOOC has been called off due to a tax dispute with the Ugandan authorities, Tullow said today. Business • 29 Aug 19
Tullow Oil announces $33m interim payout The board of oil producer Tullow has decided to pay an interim dividend of 2.35 cents per share, representing a payout of about $33m. Business • 24 Jul 19
Tullow Oil announces $33m interim payout The board of oil producer Tullow has decided to pay an interim dividend of 2.35 cents per share, representing a payout of about $33m. Business • 24 Jul 19
Tullow Oil's Kenyan, Ugandan projects timelines slip Tullow Oil has delayed the final investment decision (FID) for its Kenya project to 2020 and has not yet sealed a tax deal in Uganda that is needed for the progress of its plans there with Total, it said today. Business • 26 Jun 19
Tullow Oil's Kenyan, Ugandan projects timelines slip Tullow Oil has delayed the final investment decision (FID) for its Kenya project to 2020 and has not yet sealed a tax deal in Uganda that is needed for the progress of its plans there with Total, it said today. Business • 26 Jun 19
Tullow Oil cuts its output guidance Tullow Oil has downgraded its 2019 output guidance to 90,000-98,000 barrels of oil per day (bpd) due to problems at its Ghana fields. Business • 25 Apr 19
Tullow Oil cuts its output guidance Tullow Oil has downgraded its 2019 output guidance to 90,000-98,000 barrels of oil per day (bpd) due to problems at its Ghana fields. Business • 25 Apr 19
Norway's wealth fund to drop oil, gas stocks Norway's trillion-dollar sovereign wealth fund, the world's biggest, will sell its stakes in oil and gas explorers and producers, according to a government plan. Business • 08 Mar 19
Norway's wealth fund to drop oil, gas stocks Norway's trillion-dollar sovereign wealth fund, the world's biggest, will sell its stakes in oil and gas explorers and producers, according to a government plan. Business • 08 Mar 19
Tullow Oil strikes first post-tax profit in five years Africa-focused exploration company Tullow Oil has today posted its first annual post-tax profit in five years. Business • 13 Feb 19
Tullow Oil strikes first post-tax profit in five years Africa-focused exploration company Tullow Oil has today posted its first annual post-tax profit in five years. Business • 13 Feb 19
Tullow's output to rise as Ghana production ramps up Tullow Oil's production is set to grow to between 94,000 and 102,000 barrel of oil equivalent per day (boed) this year, from 90,000 boed last year as it increases output in Ghana. Business • 16 Jan 19
Tullow's output to rise as Ghana production ramps up Tullow Oil's production is set to grow to between 94,000 and 102,000 barrel of oil equivalent per day (boed) this year, from 90,000 boed last year as it increases output in Ghana. Business • 16 Jan 19
Tullow Oil expects full-year cash of $700m Tullow Oil today forecast that its net debt would drop to $2.8 billion by the end of the year. Business • 15 Nov 18
Tullow Oil expects full-year cash of $700m Tullow Oil today forecast that its net debt would drop to $2.8 billion by the end of the year. Business • 15 Nov 18
Tullow Oil to use cash pile to invest and reduce debt Exploration firm Tullow Oil has reported an after tax profit of $55m for the first half of the year, a major turnaround on the loss of $348m the same time last year. Business • 25 Jul 18
Tullow Oil to use cash pile to invest and reduce debt Exploration firm Tullow Oil has reported an after tax profit of $55m for the first half of the year, a major turnaround on the loss of $348m the same time last year. Business • 25 Jul 18
Tullow to shoulder Kosmos' $65m burden over rig dispute Tullow Oil has to cough up around $65m for Kosmos Energy's share and legal fees over a cancelled rig contract in Ghana, the companies said today. Business • 18 Jul 18
Tullow to shoulder Kosmos' $65m burden over rig dispute Tullow Oil has to cough up around $65m for Kosmos Energy's share and legal fees over a cancelled rig contract in Ghana, the companies said today. Business • 18 Jul 18
Tullow told to pay Seadrill $254m over Ghana dispute A London judge has ordered Tullow Oil to pay rig owner Seadrill around $254m saying Tullow was wrong to end a rig contract in Ghana on grounds of force majeure over a maritime dispute. Business • 03 Jul 18
Tullow told to pay Seadrill $254m over Ghana dispute A London judge has ordered Tullow Oil to pay rig owner Seadrill around $254m saying Tullow was wrong to end a rig contract in Ghana on grounds of force majeure over a maritime dispute. Business • 03 Jul 18
Tullow raises its 2018 output forecast Tullow Oil has raised its 2018 production outlook to 86,000-92,000 barrels of oil a day from 82,000-90,000, boosted by its offshore fields in Ghana. Business • 28 Jun 18
Tullow raises its 2018 output forecast Tullow Oil has raised its 2018 production outlook to 86,000-92,000 barrels of oil a day from 82,000-90,000, boosted by its offshore fields in Ghana. Business • 28 Jun 18
Tullow Oil's CFO raises prospect of return to dividends Tullow Oil's finance chief has raised the prospect that the Africa-focused producer may resume its dividend, which it froze in 2015 due to the oil price crash. Business • 25 Apr 18
Tullow Oil's CFO raises prospect of return to dividends Tullow Oil's finance chief has raised the prospect that the Africa-focused producer may resume its dividend, which it froze in 2015 due to the oil price crash. Business • 25 Apr 18
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
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
Tullow Oil reports operating profit of $22m for 2017 Oil and gas producer Tullow Oil has today reported an annual operating profit after three years in the red and said it expected the first oil from Kenya in 2021 or 2022. Business • 07 Feb 18
Tullow Oil reports operating profit of $22m for 2017 Oil and gas producer Tullow Oil has today reported an annual operating profit after three years in the red and said it expected the first oil from Kenya in 2021 or 2022. Business • 07 Feb 18
Tullow Oil tiptoes back into exploration Tullow Oil is cautiously reviving its search for new oil and gas resources in Africa and Latin America, its chief executive said. Business • 10 Jan 18
Tullow Oil tiptoes back into exploration Tullow Oil is cautiously reviving its search for new oil and gas resources in Africa and Latin America, its chief executive said. Business • 10 Jan 18
Tullow Oil refinances $2.5 billion credit line Exploration company Tullow Oil has refinanced $2.5 billion of loans borrowed against its oil and gas reserves. Business • 29 Nov 17
Tullow Oil refinances $2.5 billion credit line Exploration company Tullow Oil has refinanced $2.5 billion of loans borrowed against its oil and gas reserves. Business • 29 Nov 17
Tullow Oil's outlook lifted by higher output and prices Tullow Oil has raised its production targets thanks to higher output from its flagship West African fields as higher crude prices brightened the outlook for the oil explorer. Business • 08 Nov 17
Tullow Oil's outlook lifted by higher output and prices Tullow Oil has raised its production targets thanks to higher output from its flagship West African fields as higher crude prices brightened the outlook for the oil explorer. Business • 08 Nov 17
