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Market Watch (Free subscription) | yesterday
LONDON (MarketWatch) -- Tullow Oil was upgraded to buy from neutral at UBS, with the broker seeing an attactive underlying valuation. "This creates an attractive entry point to an abundance of near-term exploration and appraisal drilling before the market's focus inevitably shifts towards the difficulties and expense of developing the recent sizable discoveries in the longer term," the broker...
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The Independent (Free subscription) | 17 hours ago
A combination of firmer commodity prices and positive broker comment aided Tullow Oil, the FTSE 100-listed oil and gas explorer and producer which was among the strongest in a resource sector rally yesterday.
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All Africa (Free subscription) | 08/18/2008
17 ministers and other officials from Bunyoro Kingdom last week toured Tullow oil wells in Buseruka sub-county in Hoima district to ascertain the success of oil drilling there.
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Market Watch (Free subscription) | yesterday
Oil and gas producers as well as mineral extractors lead London shares to modest gains on Wednesday, with Tullow Oil notably higher after a broker upgrade.
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Scotsman.com (Free subscription) | 16 hours ago
... topping some $117 a barrel before easing back slightly also aided energy-related stocks, with Tullow Oil up nearly 7 per cent, or 47.5p, to 741.5p.On the flip side, British Airways was a notable faller, easing 4.25p to 240.25p. Cruise ship operator Carnival was also down, off 13p at 1,840p.On the fallers' board, BT Group and Barclays dropped 12p to 165.3p and 9.25p to 315p respectively after...
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Channel 4 (Free subscription) | yesterday
... 1622p.Oil topping $117 a barrel before easing back slightly also aided energy-related stocks, with Tullow Oil up nearly 7 per cent, or 47.5p to 741.5p, and oil and gas equipment firm Wood Group 8.25p ahead at 414p.On the flip side British Airways was a notable faller, easing 4.25p to 240.25p. Cruise ship operator Carnival was also down 13p to 1840p.On the fallers board, BT Group and Barclays...
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All Africa (Free subscription) | 08/15/2008
Bunyoro Kingdom ministers on Sunday toured some oil fields on the shores of Lake Albert. The 17-person cabinet was led by the Kingdom's Prime Minister, Dr Emmanuel Aliba Kiiza. The officials wanted to acquaint themselves with the activities being done by Tullow Oil in oil exploration.
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icWales (Free subscription) | yesterday
... topping 117 US dollars a barrel before easing back slightly also aided energy-related stocks, with Tullow Oil up nearly 7%, or 47.5p to 741.5p, and oil and gas equipment firm Wood Group 8.25p ahead at 414p.On the flip side British Airways was a notable faller, easing 4.25p to 240.25p. Cruise ship operator Carnival was also down 13p to 1840p.On the fallers board, BT Group and Barclays dropped...
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The Telegraph (Free subscription) | 08/19/2008
Fay blows oil stocks higher amid supply concernsBy Peter TaylorEnergy stocks found favour yesterday over concerns about supply as tropical storm Fay threatened facilities in the Gulf of Mexico.Royal Dutch Shell, which evacuated about 160 workers at sites in the Gulf as a precautionary measure over the weekend, was among the big blue-chip movers along with exploration group Tullow Oil.Tullow...
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Channel 4 (Free subscription) | 08/18/2008
... 1537p, lifting several of its peers.The rising oil price aided the likes of Royal Dutch Shell and Tullow Oil, up 21p to 1784p and 25p to 702p respectively.But British Airways was one of the casualties of the firmer prices, shedding 5.5p to 255.5p, while cruise ship firm Carnival was 47p lighter at 1938p.A rally for the US dollar improved fortunes for companies with North American exposure...
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Alertnet (Free subscription) | 08/15/2008
... Africa's second biggest gold producer, high commodity prices have boosted investment. Ireland's Tullow Oil is due to start pumping 120,000 barrels of oil a day when its blocks come on line.But the government had to introduce a collection of tax cuts in May to counter soaring prices that have wildly increased Ghana's fiscal deficit. The government's initial budget for this year forecast...
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All Africa (Free subscription) | 08/15/2008
Uganda: Conservationists Okay Hoima Oil ExplorationGerald TenywaCIVIL society organisations have backed the ongoing exploitation of fossil fuels in western Uganda.They noted that the project would address underdevelopment and poverty in the country.The organisations made the observation while touring Tullow Oil wells in Buseruka sub-county in Hoima district recently.The fact-finding mission...
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Alertnet (Free subscription) | 08/14/2008
... on its side, but production is due to start on the Ugandan side next year, led by Ireland's Tullow Oil which believes it could be sitting on 2 billion barrels of reserves.RISKS, REWARDSOil companies have learned to negotiate the challenges of operating in Africa, dealing with armed militia in Nigeria and authoritarian governments in Equatorial Guinea and Angola.Congo presents its...
