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Partners Total (NYSE: TOT ), Tullow Oil ( OTCPK:TUWOY ) and Eco Atlantic ( OTC:ECAOF ) will meet in the coming days to assess the future potential of heavy oil finds off Guyana in the coming days, Eco says, three months after details of the discoveries cast doubt over the area's commercial...
Introduction Tullow Oil ( OTCPK:TUWLF ) ( OTCPK:TUWOY ) is a British company producing oil offshore Ghana while it also owns a stake in important development-stage oil projects in Uganda and Kenya in a partnership with among others Total ( TOT ) and Repsol ( OTCQX:REPYF ) ( OTCQX:RE...
Total (NYSE: TOT ) and Tullow Oil ( OTCPK:TUWOY ) have started a process to reduce their stakes in Kenya's first oil development with a joint sale, Reuters reports. More news on: TOTAL S.A., Tullow Oil plc, Tullow Oil plc, Energy stocks news, Read more ...
Tullow Oil ( OTCPK:TUWOY ) says it will take a $1.5B writedown when it reports FY 2019 results, reflecting a $10/bbl cut in its long-term oil price assumptions and a downgrade to reserves in Ghana. More news on: Tullow Oil plc, Tullow Oil plc, Energy stocks news, Read more ...
For relevant additional information, I recommend reading my 2020 oil price outlook available here along with my article analyzing ExxonMobil’s Guyana assets . Guyana is a small country on South America’s North Atlantic coast. The country is defined by its dense rainforest, o...
Shares of independent oil and gas producer Kosmos Energy (NYSE: KOS) are down 14.2% as of 12:30 p.m. EST today. Kosmos itself didn't issue any press releases, but the news from one of its major partners, Tullow Oil (OTC: TUWOY) , is spearheading its drop. Today was bad news for Tul...
The previous time I covered Tullow Oil ( TUWOY , TUWLF ) was in August 2019 when I assessed the London Stock Exchange-listed exploration and production company's Guyanese discoveries. My cautiously bullish sentiment expressed in March 2019 appeared to be correct, as Tullow proved its repu...
Tullow Oil (TUWLF) (TUWOY) has long been a successful offshore operator. Building a company by means of offshore field discoveries carries an above-average amount of risk. Tullow management has minimized that risk by diversifying into a lot of different areas so that any one disappointment did...
I have been covering Tullow Oil ( OTCPK:TUWOY , OTCPK:TUWLF ), the London Stock Exchange-listed E&P company with a predominant focus on Africa, since October 2018. And, ultimately, now is the vital moment to conclude: the risky thesis (the bet on a possible discovery offshore Guyana and t...
Introduction Belgium's Bekaert ( BEKSF ) ( BEKAY ) used to be one of the European market's favorite investments to gain exposure to emerging markets due to its worldwide presence in steel wire production. Right after the Global Financial Crisis, its share price increased by 600% within 1...
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