London-listed Tullow Oil posts 87% drop in annual profit
28/04/2026 07:26
April 28 (Reuters) - West Africa-focused independent oil and gas explorer Tullow Oil TLW.L posted an 87% slump in annual profit on Tuesday, partly due to lower production, while delayed payments from the Ghana government continued to weigh on its finances. The London-listed company's profit after tax for the year ended December 31, 2025, came in at $7 million, compared with $55 million reported a year earlier. (Reporting by Ankita Bora in Bengaluru; Editing by Rashmi Aich) ((Ankita.Bora@thomsonreuters.com;))
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