Tullow Oil News
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16-05-2012
Oil giant Tullow said it is confident of delivering further significant growth in 2012 after what it called an excellent start to the year.
16-05-2012
After a series of successful oil discoveries oil giant Tullow was sounding understandably pleased with itself in its interim management statement.
16-05-2012
City sources predict the FTSE 100 will open down 79 points from yesterday's close of 5,438, extending the week's losses after failed coalition talks in Greece, forcing the country to hold new elections.
14-05-2012
- Footsie closes at levels not seen since mid-December
- Potential Greek exit from euro hammers stocks
- Banks, miners the worst performers in London
14-05-2012
Lloyds, Barclays and RBS were the among the worst-performing stocks in London "as investors are concerned about the losses other banks have incurred 'hedging their risk' following the 2bn dollar loss by JP Morgan Chase & Co", Alpari's Erlam said. HSBC was also out of favour after announcing that the sale of its operations in Colombia, Peru, Uruguay and Paraguay for 400m dollars in cash.
10-05-2012
- US jobless claims boost buying late on
- BoE keeps interest rates, QE unchanged
- Miners shrug off China data as Greek concerns ease
10-05-2012
A round-up of the biggest director deals today so far.
08-05-2012
- Global stock markets plunge on Greek uncertainty
- Footsie sinks to 19-week low
- Miners lead the sell-off in London
08-05-2012
Tullow Oil jumped after it discovered further oil in the first exploration well at one of its Kenyan projects, increasing its potential 'significantly'. Following an announcement in March that the well had encountered in excess of 20m of net oil pay, the well was then deepened from 1,041m to 1,515m and a total pay count greater than 100m has now been discovered.
08-05-2012
- European elections cast a shadow over the market
- Miners track metals prices lower
- Aviva, Tullow on the rise
08-05-2012
Credit Suisse has raised its target price for Tullow Oil after the company revealed this morning that it has found more oil at one of its exploration wells in Kenya.
08-05-2012
Credit Suisse has raised its target price for Tullow Oil after the company revealed this morning that it has found more oil at one of its exploration wells in Kenya.
08-05-2012
Balfour Beatty, BP, Ladbrokes, Morgan Crucible, Rentokil, RBS, Sage, Tullow
08-05-2012
- Greek and French elections raise concerns
- Aviva up after CEO departure
- Tullow rises after further oil find in Kenya
08-05-2012
City sources predict the FTSE 100 will open down eight points from Friday's close of 5,655, following the UK bank holiday weekend which saw polital uncertainty resurface in Europe following the Greek and French elections.
08-05-2012
Post-election chaos in Greece provoked new fears last night that the debt-ravaged nation would not keep its commitments to Europe and may be forced out of the euro. A day after Greeks voted overwhelmingly against further austerity, the Athens stock-market plunged, and Citibank said that there was now a 75% probability of Greece leaving the Eurozone in 12 to 18 months. The biggest party to emerge from the electoral calamity admitted that it could not form a government. Nouriel Roubini, a widely followed economist at New York University, said on Twitter: "Greek membership in EZ is now at risk with serious contagion risks for the rest of the periphery. EZ policy uncertainty now sharply higher," says The Times.
08-05-2012
Tullow Oil has discovered further oil in the first exploration well at one of its Kenyan projects, increasing its potential 'significantly', the group said on Tuesday.
04-05-2012
- US payrolls data sinks global markets
- Eurozone services PMI revised lower
- Miners lead fallers in London, RBS erases gains
04-05-2012
Nationalised lender Royal Bank of Scotland (RBS) was a high riser after its first-quarter results. The group is to repay the final tranche of notes issued under the government's Credit Guarantee Scheme (CGS) next week, after posting a profit of more than a billion pounds in the first three months of 2012. Lloyds was also in demand.
04-05-2012
- Miners drop on macro concerns, Australian growth
- RBS rises after Q1 update
- Markets await US non-farm payrolls
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