Tullow Oil Escapes $320m Tax Claim in Ghana Ruling

TULLOW Oil, the West Africa-focused energy giant, has scored a significant legal victory in its ongoing tax disputes with Ghana. The International Chamber of Commerce (ICC) ruled that the contentious Branch Profit Remittance Tax (BPRT) does not apply to Tullow’s operations in the Deepwater Tano and West Cape Three Points oil fields. The ruling means … Read more