Tullow Oil Share News (TLW)

Oil India in talks with Tullow Oil to buy stake in its Kenya block

NEW DELHI, May 25 (Reuters) - Oil India Ltd is in talks with Tullow Oil to buy a stake in its Kenya block, the company's chairman said on Thursday.

LONDON BROKER RATINGS: Numis starts Tristel with 'add'

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning:

IN BRIEF: Tullow Oil backs annual production guidance

Tullow Oil PLC - Africa and South America-focused oil and gas exploration company - Says net production in the first quarter of 2023 is 53,700 barrels of oil per day. Backs annual production guidance of 58,000 - 64,000 bopd. Adds that drilling and completion performance enable the firm to accelerate the 2022 drill schedule. Chief Executive Officer Rahul Dhir says: "The cornerstone of strong performance is always safety, and I am proud that we recorded a second successive year of industry top quartile safety performance with no recordable incidents and no Tier 1 or 2 process safety events during the year."

TOP NEWS: Ocado set for FTSE 100 relegation but IMI to join blue-chips

(Alliance News) - Ocado Group PLC's five-year stint in London's top-flight index is under threat, after a tough run which has seen the grocer's shares plunge 35% since the turn of the year.

Tullow Oil remains optimistic as partners withdraw from Kenya licences

(Alliance News) - Tullow Oil PLC on Tuesday said that two minority partners of its licences in Kenya intend to withdraw from their interests in the South Lokichar Basin.

Tullow Oil Kenya Lokichar Basin partners pull out

(Sharecast News) - Total Energies and Africa Oil have pulled out of a Kenyan project, leaving operator Tullow Oil as the sole owner, the latter said on Tuesday.

LONDON BRIEFING: Stocks lower; Altice ups BT stake to 24.5%

(Alliance News) - Stocks in London were called to open lower on Tuesday, as US politicians continue to argue over the nation's debt ceiling and ahead of a slew of PMI releases.

UK shareholder meetings calendar - next 7 days

UK earnings, trading statements calendar - next 7 days

IN BRIEF: Tullow Oil signs asset swap deal with Perenco

Tullow Oil PLC - Africa and South America-focused oil and gas exploration company - Signs an asset swap deal with Perenco Oil and Gas Gabon SA. Says the deal will optimise Tullow's equity ownership across key fields in Gabon. This is achieved through a "cashless asset swap involving the proposed exchange of participating interests held by both parties in certain licences in Gabon", Tullow says. Expects the transaction to complete by the end of 2023. Under the transaction, Tullow Oil says Perenco will have interest in its Limande, Turnix, Moba and Oba assets. Adds that Tullow's 2023 group production guidance of 58,000 to 64,000 barrels of oil remains unchanged.

Tullow Oil in asset swap deal with Perenco

(Sharecast News) - Tullow Oil has signed an asset swap agreement with Perenco Oil and Gas to optimise its equity ownership across key fields in Gabon through a cashless asset swap, the company said on Friday.

EXECUTIVE CHANGES: SulNOx shareholder wants chair and CEO out

(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Tuesday and not separately reported by Alliance News:

LONDON BROKER RATINGS: Stifel likes Ryanair but not On The Beach

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday afternoon:

FTSE 100 ends higher for fourth straight day, U.S inflation cools

March domestic pay growth slows - survey

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LONDON MARKET CLOSE: Stocks in the green as US inflation rate cools

(Alliance News) - Stocks in London closed higher on Wednesday as the US inflation rate continued to cool, providing investors with some hope that the cycle of rate hikes may soon be at an end.