Tullow to sue Heritage in UK

EXPLORER Tullow Oil is suing its former partner in Uganda, Heritage Oil, to recover $313m (£192.7m) that Tullow paid to cover tax on fields it bought from Heritage.

Uganda said Heritage was liable for capital gains taxes on the sale, which the Jersey-based company, led by former mercenary boss Tony Buckingham, denies.

Tullow paid the government the $313m to secure approval of the change in field ownership, and is now seeking to get the money back from Heritage through the High Court in London.