Tullow Oil runs on fumes as it waits for a saviour
The British Junior is drastically cutting its costs and personnel in its east African subsidiary, crossing its fingers for a oil company to buy some of its Kenyan shares and ease its debt.
A weakened Tullow now prepared to talk with Nairobi
The terms for oil development have once again been the object of hard-nosed negotiations with the country's ministries. [...] (332 words)
Issue dated 03/03/2020
Reading time 2 minutes