Tullow cites lower oil prices as FY profits, revenue decline
6th Mar 2024 08:13
(Sharecast News) - Oil and gas explorer Tullow Oil reported a drop in full-year profit and revenue on Wednesday, citing lower oil prices.
Read moreJubilee startup provides cash flow boost for Tullow
24th Jan 2024 07:56
(Sharecast News) - Shares in Tullow Oil soared on Wednesday after the independent oil and gas explorer said the start-up of the Jubilee South East operation off Ghana helped to drive production and lifted 2023 cash flow ahead of expectations.
Read moreLondon close: Stocks manage positive finish after mixed session
8th Jan 2024 16:38
(Sharecast News) - London's financial markets experienced a mixed trading day on Monday, with the FTSE 100 and FTSE 250 indices closing in positive territory after spending much of the session in the red.
Read moreLondon close: Stocks rise as US jobless claims slow
4th Jan 2024 13:07
(Sharecast News) - London markets showed mixed performance on Thursday as investors digested the latest UK services and mortgage data and a fall in jobless claims across the pond.
Read moreJefferies downgrades ratings for Tullow Oil and EnQuest
4th Jan 2024 11:02
(Sharecast News) - Jefferies has downgraded its ratings for UK-listed oil and gas peers Tullow Oil, EnQuest, Capricorn Energy and Pharos Energy as part of its review of the sector on Thursday.
Read moreLondon close: Stocks rise as UK inflation slows further
20th Dec 2023 15:05
(Sharecast News) - London's stock markets saw a notable upswing on Wednesday, driven by encouraging data revealing a greater-than-anticipated slowdown in UK inflation for November.
Read moreTullow enters into $400m debt facility with Glencore
13th Nov 2023 10:03
(Sharecast News) - Tullow Oil said on Monday that it has entered into a $400m five-year notes facility agreement and oil marketing and offtake deals with Glencore.
Read moreTullow Oil narrows output guidance as H1 profits drop
13th Sep 2023 07:52
(Sharecast News) - Oil and gas group Tullow Oil said profits more than halved in the first six months of 2023 on the back of a significant drop in crude prices, as it disappointed the market with lower-than-expected output guidance for the full year.
Read moreTullow Oil says Jubilee production passes 100,000 barrels per day
17th Jul 2023 08:42
(Sharecast News) - Tullow Oil said production from its Jubilee field following the recent start-up of the Jubilee South East (JSE) Project, off Ghana had passed 100,000 barrels per day after a second production well was brought onstream.
Read moreKosmos, Tullow Ghana Jubilee oil project starts operations
14th Jul 2023 07:04
(Sharecast News) - The Jubilee South East (JSE) oil project, offshore Ghana has started operations, said Kosmos Energy on Friday.
Read moreTullow reinstates hedging policy, maintains production guidance
12th Jul 2023 08:20
(Sharecast News) - Tullow Oil said in an update on Wednesday that during the first half of 2023, it recorded total revenue of around $0.8bn, including hedging costs.
Read moreTullow Oil considering all options with respect to Espoir field in Ivory Coast
12th Jun 2023 10:23
(Sharecast News) - Tullow Oil said on Monday that it is considering all options with respect to its interest in the Espoir field in Côte d'Ivoire.
Read moreTullow Oil Kenya Lokichar Basin partners pull out
23rd May 2023 08:26
(Sharecast News) - Total Energies and Africa Oil have pulled out of a Kenyan project, leaving operator Tullow Oil as the sole owner, the latter said on Tuesday.
Read moreTullow Oil in asset swap deal with Perenco
28th Apr 2023 08:08
(Sharecast News) - Tullow Oil has signed an asset swap agreement with Perenco Oil and Gas to optimise its equity ownership across key fields in Gabon through a cashless asset swap, the company said on Friday.
Read moreTullow Oil profits soar on higher oil, gas prices
8th Mar 2023 07:04
(Sharecast News) - Tullow Oil gross annual profits almost doubled as the company cashed in on higher oil and gas prices sparked by the war in Ukraine.
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