Tullow Oil restores dividends with $33 mln payout ReutersThe board of British oil producer Tullow will pay an interim dividend of 2.35 cents per share, representing a total payout of about $33 million, it said on ... Read more https://www.reuter …
US shale oil boom masks declining global supplyFinancial TimesOne need only look at the trend in the number of rigs drilling for oil in the US — as published weekly in the benchmark Baker Hughes survey — to see that the shale oil industry is now in severe …
Wall Street JournalTullow Oil Suspends Dividend Amid Oil Price FallWall Street JournalLONDON—Oil explorer Tullow Oil PLC has suspended its dividend for the first time and identified $500 million in cost savings in an effort to reverse the pretax loses it m …