Tullow Oil appoints Richard Miller as interim CEO

4th Feb 2025 09:18

(Sharecast News) - Tullow Oil said on Tuesday that it has appointed Richard Miller as interim chief executive officer and chief financial officer with effect from 14 February.

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Tullow Oil explores potential sale of non-core assets to reduce debt pile

30th Jan 2025 10:10

(Sharecast News) - Oil and gas exploration firm Tullow Oil said on Thursday that it was exploring a potential sale of its non-core assets as part of an effort to bring its debt below $1.0bn.

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London close: Stocks weaker as UK unemployment holds steady

17th Dec 2024 14:52

(Sharecast News) - London's stock markets closed lower on Tuesday as fresh UK jobs data signalled a likely pause by the Bank of England in its interest rate policy this week.

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Tullow Oil tumbles as Kosmos walks away

17th Dec 2024 11:01

(Sharecast News) - Tullow Oil tumbled on Tuesday after Kosmos Energy said it does not plan to make an offer for the oil and gas exploration company.

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London close: Stocks weaker after surprise UK GDP contraction

13th Dec 2024 16:29

(Sharecast News) - London's stock markets closed lower on Friday as investors reacted to an unexpected contraction in the UK economy during October, while the pound lost ground against major currencies.

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Kosmos in 'very preliminary' talks over Tullow takeover

13th Dec 2024 08:09

(Sharecast News) - US-based Kosmos Energy has confirmed it is in "very preliminary" talks with Tullow Oil about a possible takeover of the oil and gas exploration company.

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Tullow Oil in preliminary talks over potential takeover by Kosmos

12th Dec 2024 17:24

(Sharecast News) - Tullow Oil confirmed on Thursday that it is in preliminary talks with Kosmos Energy about a possible all-share offer for the oil and gas exploration company.

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Tullow Oil CEO Rahul Dhir to step down in 2025

5th Dec 2024 08:12

(Sharecast News) - Tullow Oil said on Thursday that Rahul Dhir will step down as chief executive officer and resign from the board next year "to pursue other business, academic and family interests".

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London close: Stocks rise with deal news in focus

28th Nov 2024 16:07

(Sharecast News) - London markets ended Thursday in positive territory, with deal activity providing a significant boost to specific sectors.

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Tullow Oil lowers FCF guidance on payment delays

28th Nov 2024 08:15

(Sharecast News) - Energy company Tullow Oil lowered full-year free cash flow guidance on Thursday on the back of payment delays.

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Tullow Oil reaches deal to extend $250m credit facility

19th Nov 2024 07:53

(Sharecast News) - Tullow Oil has reached agreement with its lenders to extend the maturity of its revolving credit facility (RCF) to June 30, 2025, the company said on Tuesday.

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Director dealings: Tullow Oil director makes share purchase

16th Aug 2024 15:58

(Sharecast News) - Tullow Oil revealed on Friday that non-executive director Roald Goethe had acquired 300,000 ordinary shares in the FTSE 250-listed exploration firm.

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Tullow Oil profits jump in first half, capex scaled back

7th Aug 2024 07:58

(Sharecast News) - Tullow Oil was able to grew profits in the first half of 2024 despite a weaker top line, as the Irish oil and gas group reduced its capital expenditure budget for the full year.

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Tullow Oil on track to hit production and cash flow guidance

16th May 2024 09:13

(Sharecast News) - Tullow Oil has said it's on track to deliver full-year guidance and remains well placed to capitalise on a higher oil-price environment.

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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.

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