Tullow CEO signals oil’s heady days over with spending clampdown

Oil explorers have flown high and crashed back to earth over the past decade, and Rahul Dhir knows both parts of the journey better than anyone. He made his name 15 years ago with the multibillion-dollar initial public offering of a company that made a huge crude discovery in India. Dhir is now turning around another explorer with fierce cost discipline and by slashing risky exploration two years after most of the leadership was forced to resign.

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