Tullow Oil (OTCPK:TUWLF) (OTCPK:TUWOY) +11.6% in London trading after an international tribunal found it is not liable for a $320M tax assessment in Ghana, where its key oil assets are located.
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 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 ...
Tullow Oil has successfully won a tax arbitration case against the Ghana Revenue Authority, with the International Chamber of Commerce ruling that the Branch Profit Remittance Tax does not apply ...
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 ...
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.
Jan 2 (Reuters) - Tullow Oil (TLW.L), opens new tab said on Thursday ... Deepwater Tano and West Cape Three Points fields offshore Ghana. As a result, West Africa-focused Tullow will not have ...
Tullow Oil said it received a favorable decision from ... which was issued by the Ghana Revenue Authority, wasn't applicable due to certain agreements. The ICC arbitration seeks to resolve ...
The ICC tribunal ruled that Tullow Ghana, a subsidiary of Tullow Oil, is not liable for the $320 million BPRT assessment that had been issued by the GRA. The tribunal determined that BPRT does ...
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 ...