Organisation: Tullow Oil
A COMPREHENSIVE SERIES OF ARTICLES ON THIS TOPIC
A COMPREHENSIVE SERIES OF ARTICLES ON THIS TOPIC
Tullow Oil is considering closing its operations in Ireland as part of a wider plan to cut costs by around $20m (€18m).
Wed, 05 Feb, 2020
Shares in Tullow Oil slipped on reports the Irish-founded exploration company could exit its interest in Kenya.
Fri, 24 Jan, 2020
Tullow Oil shares fell by almost 16% after the company warned of a likely $1.5bn (€1.3bn) financial hit to its 2019 figures due to a lower oil price forecast and a reduction in reserves at one of its flagship fields offshore Ghana.
Wed, 15 Jan, 2020
Felix The chief executive of French oil major Total, Patrick Pouyanne, has dismissed the idea it might buy Irish-founded Tullow Oil, which is its partner in East Africa and Guyana.
Sat, 11 Jan, 2020
Providence Resources is understood to have formally begun the search for a new farm-out, or development, partner for its flagship Barryroe field off the Cork coast.
Thu, 09 Jan, 2020
Tullow Oil shares suffered a fresh crash — falling by as much as 20% — after it said its latest oil find is smaller than expected.
Fri, 03 Jan, 2020
A handful of Irish-related shares, including Tullow Oil, Glanbia and Bord Gáis owner Centria, were among the big stock market losers in Europe in the past year. Flutter Entertainment, which owns Paddy Power and Betfair, as well as Ryanair and Kerry Group were, however, among the big winners.
Wed, 01 Jan, 2020
The Government should insist Irish stockmarket-listed companies publish more details about the pay of their chief executives and the pay gap with ordinary workers, the Irish Congress of Trade Unions has said.
Sun, 15 Dec, 2019
Tullow Oil’s acting chief has said the company is open to takeover offers in light of its shares plummeting by nearly 72% on it cutting its production outlook, suspending dividend payments, and parting company with its CEO and exploration director.
Mon, 09 Dec, 2019
Tullow Oil shares plummeted by more than 27% to a 21-year low after the Irish-founded exploration company said production from flagship projects in Ghana has disappointed and that it will reassess the commercial viability of recent discoveries made in South America.
Thu, 14 Nov, 2019
Boru Energy will look for oil and gas assets “with significant commercialisation potential” that are operated by other companies, said Mr Carlyle.
Wed, 02 Oct, 2019
Tullow Oil shares fell more than 5% after the Irish-founded exploration company announced the termination of its long-standing agreement to sell a third of its interests in Uganda in a $900m (€814m) deal.
Thu, 29 Aug, 2019
A sharp rebound for Irish bank shares capped a week in which global stock markets were haunted by the threat of global recession, sparking a flight by investors from shares to government bonds.
Fri, 16 Aug, 2019
Two Irish exploration companies are at the centre of significant oil finds in South America and Africa.
Mon, 12 Aug, 2019
Irish exploration company United Oil and Gas has added to its burgeoning presence in Africa with a $16m (€14.3m) acquisition in Egypt.
Tue, 23 Jul, 2019
It is hard to imagine a less sentimental forum than the London Stock Exchange.
Fri, 05 Jul, 2019
Shares in Tullow Oil jumped by a further 4% on the back of the company forecasting slightly higher production levels at a key asset in western Africa.
Wed, 26 Jun, 2019
Shares in Tullow Oil fell by over 2% after the Irish-founded exploration company slightly downgraded its production expectations for this year and said progress on highly-anticipated project work in Kenya could be delayed.
Fri, 26 Apr, 2019
Shares in Irish exploration company United Oil and Gas surged by nearly 10% on the back of drilling at one of its UK licences uncovering a "bonus" discovery.
Mon, 25 Feb, 2019
Shares in Irish-founded Tullow Oil rose more than 4% as it reported its first annual net profit in five years.
Wed, 13 Feb, 2019
Tullow Oil has confirmed its intention to resume paying dividends to shareholders after a five-year hiatus.
Fri, 30 Nov, 2018
Irish exploration company, United Oil and Gas, is considering applying for further UK licences, as part of that country’s latest North Sea licensing round.
Tue, 17 Jul, 2018
Europa Oil and Gas, the British exploration company active off the west coast of Ireland, is looking to drill at its flagship asset close to the Corrib gas field next year.
Fri, 25 May, 2018
Tullow Oil has signed a four-year drilling rig contract, heralding its return to exploration work against a backdrop of rising oil prices.
Thu, 11 Jan, 2018
Newly-floated exploration company United Oil and Gas (UOG) will consider acquiring licences offshore Ireland in the medium-term, after building cash reserves and executing a near-term expansion plan in mainland Europe.
Tue, 01 Aug, 2017
Tullow Oil is to turn its focus towards South America later this year, aiming to start drilling offshore Suriname by October at an area close to where super-major ExxonMobil this week made a significant discovery off the coast of Guyana.
Thu, 27 Jul, 2017
Tullow Oil paid a net $209m (€183m) to various governments in Africa and Europe last year by means of taxes, royalties, production entitlements, licence fees and infrastructure improvements.
Sat, 01 Jul, 2017
Tullow Oil’s new chief executive Paul McDade has said he will focus on financial discipline after the Irish-founded exploration firm took a $600m (€528m) hit from deflated oil prices in the first half of the year.
Thu, 29 Jun, 2017
Saudi oil major Aramco has invested in former UCD campus company OxyMem, adding further to the Irish company’s growing shareholder base.
Wed, 21 Jun, 2017
Tony O’Reilly Jr’s Providence Resources has named Tullow Oil’s exploration director Angus McCoss to its board in a non-executive capacity.
Tue, 16 May, 2017
Dublin-based exploration company United Oil and Gas (UOG) is to take a share listing on the London Stock Exchange via a reverse takeover of British company Senterra.
Wed, 10 May, 2017
Tullow Oil shareholders have unanimously voted in favour of the company’s planned board changes and executive pay policy despite some criticism in the lead up to its AGM yesterday.
Thu, 27 Apr, 2017
Shares plunged in Tullow Oil following the surprise announcement it was issuing a £607m (€695m) sales share at a vastly discounted price.
Sun, 19 Mar, 2017
Tullow Oil boss Aidan Heavey has said the company should return to profit this year after reaching the end of a four-year cycle of cost write-offs.
Thu, 09 Feb, 2017
Wed, 18 Jan, 2017
Shares in Tullow Oil fell up to 3% yesterday after the Irish-founded exploration company announced its founder and chief executive Aidan Heavey is to step down and that its 2016 revenues are likely to have fallen by almost 19%.
Thu, 12 Jan, 2017
Tue, 10 Jan, 2017
Output from Ugandan crude deposits being developed by companies including Tullow Oil and Total is unlikely to be exported as soon as the nation expects because of the scale of the infrastructure projects required to move the fuel out of the country.
Tue, 15 Nov, 2016
Thu, 20 Oct, 2016
Sat, 15 Oct, 2016
OPEC has reported an increase in its oil production for September to the highest in at least eight years and has raised its forecast for 2017 non-OPEC supply growth, pointing to a larger surplus next year despite the group’s deal to cut output.
Thu, 13 Oct, 2016
Providence Resources — the Tony O’Reilly Jr-led exploration company — has named former Tullow Oil senior executive Pat Plunkett as its chairman.
Wed, 28 Sep, 2016
Thu, 04 Aug, 2016
Irish-linked exploration stocks wavered yesterday after leading international energy research and consultancy group Wood Mackenzie warned most major conventional oil projects risk being delayed or cancelled if global prices remain at or below $50 a barrel.
Thu, 14 Jul, 2016