Oil and gas company Tullow Oil has secured a favourable ruling from the International Chamber of Commerce (ICC) Tribunal, determining that the BPRT does not apply to operations including the Deepwater ...
Tullow Oil’s shares soared on Friday as investors digested the Irish-founded explorer’s victory in a major Ghana tax case, which will help the company as it goes about refinancing $1.4 billion ...
Tullow is still in discussions with the Government of Ghana to resolve two other tax claims. Sign up here. Negotiators reached a phased ceasefire deal on Wednesday in the war in Gaza between ...
Tullow Oil Plc gained after an international body found it wasn’t liable for a $320 million tax assessment in Ghana, where its key oil assets are located. The International Chamber of Commerce ...
Jan 3 (Reuters) - Shares of Tullow Oil (TLW.L), opens new tab jumped over 14% on Friday after the West Africa-focused company was exempted from a $320 million tax on its Ghana operations.
Tullow Oil's share price was up 13% in early morning trading on Friday after the company's beleaguered shareholders holders received some welcome news on a tax case in Ghana. The London-listed ...
Tullow Oil PLC announced today January 2, 2025, a favorable ruling from the International Chamber of Commerce (ICC) regarding a significant tax dispute with the Ghana Revenue Authority.
Tullow Oil said it received a favorable decision ... which was issued by the Ghana Revenue Authority, wasn't applicable due to certain agreements. The ICC arbitration seeks to resolve disputes ...
West Africa-focused Tullow, which was founded in Ireland and is headquartered in London, told investors after market close on Thursday that its Ghana subsidiary had been cleared of liability by a ...
Tullow Oil Plc gained after an international body found it wasn't liable for a $320 million tax assessment in Ghana. Tullow Oil Plc gained after an international body found it wasn’t liable for ...
This decision relieves Tullow of the $320m (£256.34m) BPRT assessment issued by the Ghana Revenue Authority (GRA) and eliminates future BPRT liabilities under these agreements. The Tribunal's ...