Macro Finance
Tullow Oil Shares Drop 50% After Loss of Ghana Tax Dispute
Bloomberg Markets·September 30, 2026·1 min read
Tullow Oil Plc shares plunged 50% after the company lost an arbitration case over taxes on its Ghana fields, which account for the bulk of its production. The ruling deals a major blow to the oil producer, raising concerns about its financial outlook and operations in the region.
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