Tullow Oil starts multi-well drilling campaign offshore Ghana
6th Apr 2021 07:57
(Sharecast News) - Tullow Oil has started a multi-year, multi-well drilling campaign offshore Ghana, drilling the first well at the Jubilee Field on Monday.
Read moreTullow says Suriname well encountered only minor oil shows
18th Mar 2021 07:50
(Sharecast News) - Tullow Oil said on Thursday that the Goliathberg-Voltzberg North exploration well offshore Suriname has reached total depth and encountered good quality reservoir but only minor oil shows.
Read moreThursday broker round-up
11th Mar 2021 13:28
(Sharecast News) - Hunting: RBC Capital Markets downgrades to sector perform with a target price of 305p.
Read moreTullow Oil FY gross profits slide on falling revenues
10th Mar 2021 08:06
(Sharecast News) - Exploration and production group Tullow Oil said on Wednesday that gross profits and revenues had both fallen in the twelve months ended 31 December.
Read moreTullow Oil agrees $1.7bn reserves-based loan agreement with banks
26th Feb 2021 10:11
(Sharecast News) - Oil and gas exploration company Tullow Oil said on Friday that it has agreed a new debt facility of around $1.7bn with its banks.
Read moreWednesday broker round-up
10th Feb 2021 13:12
(Sharecast News) - Ocado Group: Berenberg reiterates buy with a target price of 2,925p.
Read moreWednesday broker round-up
3rd Feb 2021 13:05
(Sharecast News) - Unite Group: Barclays downgrades to underweight with a target price of 850p.
Read moreCanaccord Genuity downgrades Tullow oil to 'sell'
3rd Feb 2021 10:40
(Sharecast News) - Analysts at Canaccord Genuity have lowered their target price on exploration and production outfit Tullow Oil from 33.0p to 20.0p and dropped their rating on the stock from 'hold' to 'sell'.
Read moreThursday broker round-up
3rd Dec 2020 13:23
(Sharecast News) - Kenmare Resources: Berenberg reiterates buy with a target price of 390p.
Read moreTullow looks to unlock West Africa potential
25th Nov 2020 10:50
(Sharecast News) - Tullow Oil plans to extract $7bn in operating cashflow from of its West Africa assets over the next decade as its refocuses on production.
Read moreRussia to discuss three-month delay to tapering oil output curbs
2nd Nov 2020 14:17
(Sharecast News) - Crude oil futures rallied from their intraday lows after reports that Russia was considering postponing plans to taper the oil output curbs now in place by three months.
Read moreTullow Oil surges as Uganda govt approves $575m asset sale to Total
21st Oct 2020 10:51
(Sharecast News) - Tullow Oil shares surged on Wednesday after the government of Uganda and the country's revenue authority approved the $575m sale of its assets there to Total.
Read moreOil output from US Gulf and Libya's El Sharara recovering
12th Oct 2020 14:04
(Sharecast News) - Crude oil futures slipped lower at the start of the week as production restarted in the US Gulf of Mexico after Hurricane Delta left the region and amid reports that output from Libya was coming back online more quickly than anticipated.
Read moreSector movers: Big Oil and Mobile Telecommunications pace gains
5th Oct 2020 17:09
(Sharecast News) - Cyclicals topped the leaderboard at the start of the week with stocks from the oil patch lending their still considerable heft to the broader advance in financial markets, helped by M&A news around Weir Group and Vodafone.
Read moreIEA cuts forecast for global oil demand growth in backhalf 2020
15th Sep 2020 12:38
(Sharecast News) - The International Energy Agency took an axe to its forecasts for global oil demand growth in the backhalf of 2020, even as it warned that the world's thirst for oil had, at 91.7m barrels a day, only recovered to its levels from 2013 due to the pandemic.
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