Tullow Oil profits soar on higher oil, gas prices
(Sharecast News) - Tullow Oil gross annual profits almost doubled as the company cashed in on higher oil and gas prices sparked by the war in Ukraine.
Read moreFri, 17th Jan 2020 18:43
(Sharecast News) - Tullow Oil gross annual profits almost doubled as the company cashed in on higher oil and gas prices sparked by the war in Ukraine.
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Feb 15 (Reuters) - British oil and gas producer Capricorn Energy pulled the plug on its planned merger with Israeli gas group NewMed Energy on Wednesday after months of shareholder pressure that also toppled Capricorn's leadership.
Read more(Alliance News) - Capricorn Energy PLC and NewMed Energy Ltd on Wednesday called off their proposed merger, after the Capricorn board recommended that shareholders vote against the idea at a general meeting scheduled for next week.
Read more(Alliance News) - Tullow Oil PLC on Tuesday said subsidiary Tullow Ghana Ltd has filed requests for arbitration with the International Chamber of Commerce in London in respect of two disputed tax assessments received from the Ghana Revenue Authority
Read more(Sharecast News) - Tullow Oil has filed requests for arbitration with the International Chamber of Commerce in London over a $387m tax dispute with Ghana.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning:
Read more(Alliance News) - Tullow Oil PLC on Wednesday said it expected its revenue in 2022 to grow from 2021 on the back of higher oil prices.
Read more(Sharecast News) - Tullow Oil said it expected to report better-than-expected free cash flow of $267m, up from $245m a year earlier and said it was facing a large tax bill on its assets in Ghana as tax incentives wind down.
Read more(Alliance News) - Capricorn Energy PLC on Tuesday said Chief Executive Officer Simon Thomson and Chair Nicoletta Giadrossi have left the company's board, amid pressure from shareholder Palliser Capital Master Fund Ltd, which asked for both of them, and Chief Financial Officer James Smith, to leave the board.
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Capricorn Energy PLC - Edinburgh-based upstream energy company with assets in the UK North Sea, Mexico, Suriname, Mauritania and Egypt - NewMed Energy LP says it continues to promote its proposed merger with Capricorn Energy on the existing terms, saying this is the "most compelling option for all relevant stakeholders". However, the Israeli firm also continues to consider "alternative strategic options" to the merger with Capricorn, which is facing pushback on the deal from shareholder Palliser Capital Master Fund Ltd.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:
Read more(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning:
Read more(Alliance News) - Stock prices in London were higher at midday on Monday, at the beginning of a three-week Christmas and New Year holiday stretch.
Read more