MARKET REPORT: £1.2billion writedown clobbers troubled Tullow Oil

Tullow Oil’s shares are so easily rattled these days that a trading update with few real surprises sent it plunging into the red. Scrapped exploration projects, a lower assumption about what oil prices will be in the long term and a re-evaluation of how much oil is at some of its sites in Ghana mean … Read more

MARKET REPORT: Tullow Oil’s gloom deepens as shares fall another 10.2%

MARKET REPORT: Tullow Oil shares slump another 10.2% a week after it ousted chief exec, slashed production forecasts and cancelled dividend By Lucy White For The Daily Mail Published: 21:50 BST, 16 December 2019 | Updated: 21:50 BST, 16 December 2019 A dire couple of months for Tullow Oil has left the company’s shares on … Read more

Tullow Oil slashes workers as it reveals oil price rout could sink it

Tullow Oil slashes workforce as it reveals recent oil price rout could sink it By Daily Mail City & Finance Reporter Published: 23:17 GMT, 12 March 2020 | Updated: 00:31 GMT, 13 March 2020 Tullow Oil’s future was in doubt last night it revealed that the recent oil price rout could sink it. The energy … Read more