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Investegate |Tullow Oil PLC Announcements | Tullow Oil PLC: 2020 Full year Results


Tullow oil PLC - 2020 FULL Year Results
10 March 2021 - Tullow Oil plc ( Tullow ), the independent oil and gas exploration and production group ( Group ), announces its Full Year Results for the year ended 31 December 2020. Details of a management presentation, webcast and conference call are available on the last page of this announcement or visit the Group s website www.tullowoil.com.
Rahul Dhir, Chief Executive Officer, Tullow Oil plc, commented today:

After a year of significant change for Tullow, we are now executing a robust, cash generative business plan which is focused on our most productive assets. We have transformed our cost base, implemented rigorous capital discipline and are well placed to benefit from higher oil prices. We will start a multi-year, multi-well drilling programme in Ghana ....

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Market Report: Plans Afoot to Secure Financing to Repair Refineries in Nigeria


February 15, 2021
The weekly Market Report is provided by Gladius Commodities of Lagos, Nigeria. Download the full report here. Learn more about Gladius Commodities at www.gladiuscommodities.com.
NIGERIA
The Federal Government of Nigeria launched the Nigerian Upstream Cost Optimization Program, which is aimed at boosting industry collaboration and process enhancement, according to Minister of State for Petroleum Resources, H.E. Timipre Sylva.
The program aims to cut down the cost of crude oil production to $10 per barrel as a reduction of oil extraction costs remains pivotal to allowing the country to maximize profits from oil. The minister further stated that the high cost of oil production will rob the country of its desire to attract foreign investment and be a globally competitive oil player. ....

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