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BUSINESSBloomberg Markets·1h ago

Tullow Oil Shares Slump After Loss of Crucial Ghana Tax Dispute

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AI TLDR · GEMINI

Tullow Oil shares dropped significantly after the company lost an arbitration case regarding taxes on its primary oil fields in Ghana.

Tullow Oil Plc shares fell by more than a third after the company lost an arbitration case over taxes on fields in Ghana that account for the bulk of its production.

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