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Cash strapped Tullow Oil to sell new shares worth $4.8 billion

Tullow Oil is preparing to issue new shares in a bid to raise £607m to help tackle its $4.8bn (£3.9bn) debts. The London-based oil company...

Paul McDade, appointed Chief Executive Tullow Oil

Tullow Oil has announced changes in its governance structure. In the changes announced on Wednesday 11th January 2016, Paul McDade, currently Chief Operating Officer,...
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