Tullow Oil seeks arbitration over Ghana tax dispute
14th Feb 2023 07:20
(Sharecast News) - Tullow Oil has filed requests for arbitration with the International Chamber of Commerce in London over a $387m tax dispute with Ghana.
Read moreTullow Oil beats 2022 free cash flow expectations
25th Jan 2023 07:25
(Sharecast News) - Tullow Oil said it expected to report better-than-expected free cash flow of $267m, up from $245m a year earlier and said it was facing a large tax bill on its assets in Ghana as tax incentives wind down.
Read moreTullow Oil signs new production sharing licence in Côte d'Ivoire
14th Dec 2022 07:13
(Sharecast News) - Tullow Oil has signed a production sharing contract for an offshore exploration licence in Côte d'Ivoire.
Read moreTullow Oil appoints Richard Miller as CFO
8th Dec 2022 07:28
(Sharecast News) - Tullow Oil has appointed Richard Miller as chief financial officer and executive director.
Read moreTullow Oil ups full-year free cash flow guidance, postpones Capital Markets Day
16th Nov 2022 07:52
(Sharecast News) - Tullow Oil upped its forecast for full-year free cash flows, adding that it was on track to lower gearing to below 1.5 times operating profits by year end.
Read moreJefferies downgrades Tullow Oil, slashes price target
12th Oct 2022 11:18
(Sharecast News) - Jefferies downgraded Tullow Oil on Wednesday to 'hold' from 'buy' and cut the price target to 48p from 77p.
Read moreCapricorn Energy ditches Tullow deal in favour of NewMed
29th Sep 2022 10:32
(Sharecast News) - Capricorn Energy said on Thursday that it was no longer going ahead with a planned merger with Tullow Oil and will instead be merging with Israel's NewMed Energy.
Read moreTullow Oil H1 gross profits surge as sales revenues grow
14th Sep 2022 07:21
(Sharecast News) - Exploration and production firm Tullow Oil said on Wednesday that sales revenues and gross profits had grown in the six months ended 30 June as the group's turnaround gained momentum throughout the period.
Read moreShareholder Palliser urges Capricorn to call off Tullow deal
9th Aug 2022 08:02
(Sharecast News) - Palliser Capital, one of Capricorn Energy's largest shareholders, has called on the company to withdraw its recommendation for the agreed merger with Tullow Energy.
Read moreTullow Oil plugs and abandons well offshore Guyana
5th Aug 2022 08:02
(Sharecast News) - Tullow Oil said on Friday that it has plugged and abandoned an exploration well offshore Guyana.
Read moreTullow Oil maintains guidance after solid first half
13th Jul 2022 08:11
(Sharecast News) - Tullow Oil reported a solid first half on Wednesday, leaving it on track to make $200m in free cash flow this year.
Read moreJP Morgan says combination of Tullow and Capricorn can add scale and unlock growth
22nd Jun 2022 10:08
(Sharecast News) - Analysts at JP Morgan resumed their coverage of shares of Tullow Oil at 'overweight' following a period of 'restriction' after the announcement of the outfit's merger with Capricorn.
Read moreLGIM expresses doubts over Tullow/Capricorn merger
13th Jun 2022 09:47
(Sharecast News) - UK asset manager Legal & General Investment Management made a rare public intervention and come out against a planned merger between Tullow Oil and Capricorn Energy.
Read moreTullow Oil to buy Capricorn Energy in all-share deal
1st Jun 2022 08:06
(Sharecast News) - Tullow Oil said on Wednesday that it has agreed to buy Capricorn Energy in an all-share deal.
Read moreTullow Oil shares surge after lifting Ghana field interests
21st Mar 2022 14:44
(Sharecast News) - Tullow Oil shares surged on Monday after the company revealed it had spent $118m (£89m) expanding its interests in Ghana.
Read more