Tullow Oil Share News (TLW)

IN BRIEF: Tullow Oil signs asset swap deal with Perenco

Tullow Oil PLC - Africa and South America-focused oil and gas exploration company - Signs an asset swap deal with Perenco Oil and Gas Gabon SA. Says the deal will optimise Tullow's equity ownership across key fields in Gabon. This is achieved through a "cashless asset swap involving the proposed exchange of participating interests held by both parties in certain licences in Gabon", Tullow says. Expects the transaction to complete by the end of 2023. Under the transaction, Tullow Oil says Perenco will have interest in its Limande, Turnix, Moba and Oba assets. Adds that Tullow's 2023 group production guidance of 58,000 to 64,000 barrels of oil remains unchanged.

Tullow Oil in asset swap deal with Perenco

(Sharecast News) - Tullow Oil has signed an asset swap agreement with Perenco Oil and Gas to optimise its equity ownership across key fields in Gabon through a cashless asset swap, the company said on Friday.

EXECUTIVE CHANGES: SulNOx shareholder wants chair and CEO out

(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Tuesday and not separately reported by Alliance News:

LONDON BROKER RATINGS: Stifel likes Ryanair but not On The Beach

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday afternoon:

FTSE 100 ends higher for fourth straight day, U.S inflation cools

March domestic pay growth slows - survey

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LONDON MARKET CLOSE: Stocks in the green as US inflation rate cools

(Alliance News) - Stocks in London closed higher on Wednesday as the US inflation rate continued to cool, providing investors with some hope that the cycle of rate hikes may soon be at an end.

LONDON MARKET MIDDAY: Stocks tentatively higher ahead of US inflation

(Alliance News) - Stock prices in London were largely higher at midday on Wednesday, amid cautious trade ahead of the release of eagerly-awaited inflation data from the world's largest economy.

LONDON BROKER RATINGS: Jefferies cuts Tullow Oil, EnQuest and Energean

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning:

LONDON MARKET OPEN: Stocks looking for direction before US inflation

(Alliance News) - Stock prices in London opened mixed on Wednesday, as caution prevailed ahead of a US inflation reading and minutes from the Federal Reserve's March meeting.

LONDON BRIEFING: Anglo American's De Beers shines; Unite bookings up

(Alliance News) - Stocks in London were called flat on Wednesday, with the focus for the day on a US inflation reading in the afternoon, before the release of central bank meeting minutes later.

LONDON MARKET CLOSE: FTSE 100 higher as oil prices surge on OPEC+ cut

(Alliance News) - Stocks in London were largely higher at the close on Monday, with oil stocks star performers following a surprise production cut from the OPEC+ over the weekend.

LONDON MARKET MIDDAY: FTSE 100 up on oil price; UK manufacturing weak

(Alliance News) - Stocks were mixed at midday in London on Monday, as heavyweight oil stocks in the FTSE 100 were boosted by a surprise Opec+ production cut, but mid-cap shares suffered from a weak reading on the UK factory sector.

LONDON MARKET OPEN: Oil companies push FTSE 100 higher after Opec move

(Alliance News) - The FTSE 100 opened higher in London on Monday, as oil companies surged on the back of higher oil prices.

LONDON BROKER RATINGS: HSBC raises St James's Place to 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:

Tullow Oil annual profit and revenue surge on higher oil prices

(Alliance News) - Tullow Oil PLC on Wednesday said that its revenue and profit surged during 2022, as oil prices climb on the back of Russia's invasion of Ukraine.