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Tullow Oil shares dive as chief is ousted amid problems in Ghana

Photo by: The Guardian

Oil and gas explorer scraps dividend as more than £1bn is wiped off stock market value Shares in Tullow Oil more than halved after the group slashed its production forecast, scrapped its dividend and announced the departure of its chief executive and exploration director following problems at its fields in Ghana. The London-listed oil and gas explorer said the chief executive, Paul McDade, and the...

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