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Tullow Oil posted a sharp fall in first-half profits and forecast slightly lower full-year output of 58,000-60,000 barrels a day, due to its Jubilee field underperforming.
West Africa-focused Tullow Oil on Wednesday trimmed its 2023 production forecast, but raised its annual cash flow outlook and moved to ease concerns about its debts by tendering to buy back some ...
Tullow Oil’s debt levels remain high. Its stock price action seems to mirror concerns about weak commodity prices. Find out why TUWOY stock is a Sell.
Kenya lawmakers said a lack of detail over Tullow Oil Plc’s sale of oil assets to local company Gulf Energy “raises concerns” for the industry in the East African nation.
Kenya lawmakers said a lack of detail over Tullow Oil Plc’s sale of oil assets to local company Gulf Energy “raises concerns” for the industry in the East African nation.