News Formal

Tullow Oil production outlook cut shows debt overhang still hampers investment

  • 📰 TheAfricaReport
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 55%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Tullow Oil is struggling to convince analysts that it can deliver debt reduction alongside a growing business.

Tullow Oil’s legacy of excessive debt means that operating at the company’s current scale remains a challenge.

Get unlimited access to our exclusive journalism and features today. Our award-winning team of correspondents and editors report from over 54 African countries, from Cape Town to Cairo, from Abidjan to Abuja to Addis Ababa. Africa. Unlocked.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 29. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Asian stocks drop with oil rally, US CPI in focus: Markets wrapSpot gold fell 0.2% to $1 909.81 an ounce.
Source: Moneyweb - 🏆 5. / 77 Read more »

Oil holds gain as OPEC, US see output cuts tightening marketBrent for November settlement was steady at $92.03 a barrel.
Source: Moneyweb - 🏆 5. / 77 Read more »