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.
The chief proponent of a ban on oil and gas drilling in Irish waters has threatened the possibility of a legal challenge against the State in order to resurrect the proposed legislation which has been blocked by the Government.
South-east Asian diplomats have failed to reach common ground on how to resolve a territorial dispute involving China, as a regional conference ended without a joint statement for the first time in the bloc’s history.
TULLOW Oil has encountered further drilling success in its assets off the coast of Ghana.
TULLOW OIL has signed a critical Memorandum of Understanding with the Government of Uganda after several months of discussions.
CALL it panda politics.
Oil giant BP has now sold $20bn worth of assets to help pay for the Gulf of Mexico oil disaster after offloading its majority stake in an Argentina-based company.
TULLOW Oil has confirmed that it will take on both China National Offshore Oil Corporation (CNOOC) and Total as equal farm-in partners on its newly acquired Ugandan assets, once final government approval is granted.
Tuesday, September 22, 2020 - 10:00 PM
Tuesday, September 22, 2020 - 8:00 PM
Tuesday, September 22, 2020 - 12:00 PM