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Santos

UPDATEDMarket data

Santos Ltd shares down Tuesday, underperforms the Energy sector

Santos Ltd shares down Tuesday, underperforms the Energy sector

Here is the latest company close update for Santos Ltd, STO.

Sayee Shree Ravi Sankar

EnergyAgribusiness

SYDNEY, AUSTRALIA - NewsWire Photos NOVEMBER 18 2025; The next leader of the NSW Nationals Gurmesh Singh has been decided after a leadership crisis sparked by a shock resignation just a day earlier. Photo: NewsWire/ Gaye Gerard

Farmers ‘to fight Santos gas plan’

The rural body NSW Farmers has engaged senior counsel to begin a potential legal challenge against Santos’s $3.6bn Narrabri gas project, threatening fresh delays for the embattled proposal.

Lachlan Leeming

ExclusiveMining & Energy

Santos FPSO Barossa

Santos races to fix Barossa LNG fault as production deadline looms

Santos is racing to fix a fault on its flagship Barossa gas project’s offshore vessel, as pressure mounts to deliver its first LNG cargo by year-end.

EnergyRenewable energy & economy

JANUARY 31, 2025: Moomba gas plant owned by Santos. Picture: Brenton Edwards

Historic award to Santos ‘proves carbon capture is viable’

Santos has made history by receiving a record number of carbon credits for its Moomba project in SA’s far north, which it says proves the viability of the technology that’s derided by some.

ExclusiveMining & Energy

ADELAIDE, AUSTRALIA - NewsWire Photos APRIL 11 2024: SANTOS AGM at Adelaide oval. A small group of protesters outside Adelaide oval. Kevin Gallagher. Picture: NCA NewsWire / RoyVphotography

Santos calls in AFP after fake email breach

A brazen corporate espionage attempt targeting Santos during crucial takeover negotiations has triggered a federal police investigation.

ExclusiveCompanies

Sherry Duhe's exit interview was outsourced by Santos

Ex-Santos CFO rejects outsourced exit interview

Days after lifting the lid on her tense departure from Santos, ex-finance boss Sherry Duhe says she declined a generic exit interview after her request to meet with the board was rejected.

Sherry Duhe, interim chief executive officer of Newcrest Mining Ltd., speaks during the World Mining Congress in Brisbane, Australia, on Thursday, June 29, 2023. Newcrest Mining may have enough gold and copper deposits at its Red Chris project in Canada to open an entirely new section and extend mining in the area for decades, according to Duhe. Photographer: Ian Waldie/Bloomberg

Santos board convened amid investor disquiet over CFO exit

Santos’ board held an unscheduled meeting late on Thursday amid investor confusion over the explanation for the ousting of chief financial officer Sherry Duhe.

Trading DayTrading Day

24/10/2025. Shayne Elliott, former CEO of ANZ arrives at Federal Court in Sydney. Britta Campion / The Australian

Alexiou sacking, withheld bonus ‘not an unreasonable outcome’: Elliott

Ex-ANZ CEO Shayne Elliott sheds light on bank’s culture in case brought by sacked trader Etienne Alexiou. US reopens China compliance probe ahead of Trump-Xi meeting.

David Rogers, Valerina Changarathil and Joseph Carbone

CommentaryCompanies

Sherry Duhe, interim chief executive officer of Newcrest Mining Ltd., speaks during the World Mining Congress in Brisbane, Australia, on Thursday, June 29, 2023. Newcrest Mining may have enough gold and copper deposits at its Red Chris project in Canada to open an entirely new section and extend mining in the area for decades, according to Duhe. Photographer: Ian Waldie/Bloomberg

Santos CFO exit raises alarm over Gallagher’s power

Santos shareholders are in the dark about why their highly credentialled finance chief departed days before crucial quarterly results. So what does this say about the CEO?

ADELAIDE, AUSTRALIA - NewsWire Photos APRIL 11 2024: SANTOS AGM at Adelaide oval. A small group of protesters outside Adelaide oval. Keith Spence opens the AGM meeting. Picture: NCA NewsWire / RoyVphotography

Santos chair asked to fill in the blanks over CFO’s ousting

The Santos chairman met investors on Monday. Then the CFO’s exit triggered a fresh round of inquiries as investors sought assurances about the circumstances that led to Sherry Duhe’s departure.

EnergyCompanies

Santos CEO Kevin Gallagher and ousted CFO Sherry Duhe

Ousted CFO ‘raised concerns over Santos valuations’

Santos’ departed executive, Sherry Duhe, challenged the energy giant’s financial modelling before her dramatic exit amid claims leadership tensions were the ‘tip of the iceberg’.

EnergyMining & Energy

Queensland Gas LNG (APLNG ConocoPhillips)

‘Don’t pretend you’re doing the country a favour’ D’Ambrosio tells GLNG

Victorian Energy Minister Lily D’Ambrosio says the Santos-backed Gladstone LNG is responsible for the emerging east coast gas crisis, despite years of anti-exploration policy in her state. GLNG says the minister is wrong.

EnergyMining & Energy

Santos' top executives have fallen out over manangement style.

Duhe drops bombshell on Santos CEO

Sherry Duhe quit Santos after just a year as CFO. An internal note to colleagues reveals a falling out with long-time boss Kevin Gallagher.

‘horribly mistreated’The Wall Street Journal

FILE - Former U.S. Rep. George Santos arrives at federal court for sentencing, April 25, 2025, in Central Islip, N.Y. (AP Photo/Julia Demaree Nikhinson, File)

Trump commutes sentence of former congressman

Trump loyalist George Santos had admitted that he participated in a scheme to submit false campaign-finance reports and artificially inflate the amount he raised.

Meridith McGraw

Trading DayTrading Day

ASX 200 hits record as weak jobs data argues for rate cut

ASX 200 hits record as weak jobs data argues for rate cut

Investors optimistic on Reserve Bank easing after jobless rate rose to 4.5 per cent. TWE chair John Mullen survives shareholder vote. Firmus in $73.3bn ‘AI factory’ deal with Nvidia, CDC. Macquarie lifts on data deal, boosts Goodman.

David Rogers and Valerina Changarathil

Calabria v Gallagher Eraring canva

Energy market is broken, Origin CEO says, hoping for a miracle

Origin Energy’s chief wants urgent and significant action on Australia’s decarbonisation timeline, which is way behind. He also risks a showdown with Santos boss Kevin Gallagher over gas exports.

A Santos Ltd. pilot well operates on a farm property in Narrabri, Australia, on Thursday, May 25, 2017. A decade after the shale revolution transformed the U.S. energy landscape, Australia — poised to overtake Qatar as the world’s biggest exporter of liquefied natural gas — is experiencing its own quandary over natural gas. Photographer: Brendon Thorne/Bloomberg

Santos succession candidate makes abrupt exit

The exit of Santos’ CFO after little more than a year in the role comes just weeks after a $30bn deal with Abu Dhabi’s oil and gas company collapsed.

Trading DayTrading Day

Rio's WA production update keeps the focus on iron ore miners.

Rio, rare earth miners surge; ANZ falls after hitting 10-year high

ASX creeps up despite renewed US-China jitters. Rio’s ‘decent’ result, smelter warning. Telstra chair’s last AGM. ANZ’s reset plan questioned. Rinehart’s richer on rare earths boom. RBA board decided appropriate to stay cautious, data-dependent.

David Rogers and Valerina Changarathil

CommentaryCompanies

Santos staff at the Tinsfield number 6 coal seam gas (CSG) pilot well which is part of Santos's Narrabri Gas Project on a property near Narrabri, Friday, May 23, 2014. (AAP Image/Dean Lewins) NO ARCHIVING

What Narrabri gas says about our failed energy market

That a once untouchable project is again being pushed ahead shows the view about energy policy among Australians is more pragmatic than many realise.

Energy NationNation

24-09-2025 - NSW Premier Chris Minns, left and the Santos chief executive Kevin Gallagher in a side meeting at The Australian’s Energy Nation conference. Picture: Eric Johnston

Narrabri or bust: Minns backs project to meet half of state’s needs

NSW Premier Chris Minns said Santos’s Narrabri gas project must proceed despite controversy over the long-stalled development.

Energy Nation ForumBusiness

Kevin Gallagher, Managing Director and CEO Santos, speaking at the Energy Nation 2025 forum in Sydney on Wednesay, September 24, 2025. Picture: Nikki Short

Santos warns messing with contracted gas would hurt Australia

Santos is under intense pressure for buying gas and selling it offshore, but chief executive Kevin Gallagher insists there are terrible consequences for meddling with contracts, and those developments were underpinned by the company.

Trading DayTrading Day

Investors are on a seesaw on the local bourse so far this week due to local, global developments.

RBA cuts in doubt; ASX Ltd not meeting expectations; SingTel boss ‘deeply sorry’

Shares dive on inflation surprise. Bourse operator ASX must make ‘foundational changes’: RBA. Optus commissions independent review into Triple Zero outage as SingTel says CEO Stephen Rue has ‘full support’. Star Sydney’s licence suspension extended.

David Rogers and Valerina Changarathil

ExclusiveNation

SA Premier Peter Malinauskas will fast-track the stalled Narrabri gas project.

Go for gas to power green goals: Narrabri’s ‘time has come’, says Malinauskas

Narrabri has long been stalled but a new intervention may provide the political will to deliver a major new gas project to Australia’s east coast.

Perry Williams and Greg Brown

A Santos Ltd. pilot well operates on a farm property in Narrabri, Australia, on Thursday, May 25, 2017. A decade after the shale revolution transformed the U.S. energy landscape, Australia — poised to overtake Qatar as the world’s biggest exporter of liquefied natural gas — is experiencing its own quandary over natural gas. Photographer: Brendon Thorne/Bloomberg

Santos left isolated as rivals, unions push for tougher gas rules

Santos is resisting a push that it be prohibited from buying domestic gas to sell overseas. With rivals, unions and some customers calling for curbs, the company’s position may prove difficult to sustain.

DATAROOMDataRoom

24/01/2007 A Santos gas and oil exploration rig operating in the Cooper Basin, 23/05/97. South Australia.

Santos’ Cooper Basin assets in focus after takeover collapse

The failure of Abu Dhabi’s $30bn Santos takeover bid could trigger a leadership shake-up and accelerate the sale of some of its ageing Australian energy assets.

CommentaryCompanies

Santos chief executive Kevin Gallagher

Power swings back to Gallagher after Santos deal collapse

Santos boss Kevin Gallagher insists he will stay beyond 2027 despite the shock collapse of a $30bn takeover deal that would have resulted in him exiting the company. But is it up to him?

MARGIN CALLMargin Call

JANUARY 31, 2025: Santos CEO Kevin Gallagher. Picture: Brenton Edwards

It’s not about the money: Santos boss committed to the cause

Santos chief executive Kevin Gallagher claims he would have stayed in the job despite the prospect of a $50m windfall if XRG’s takeover bid had made it across the line.

Santos CEO Kevin Gallagher and Sultan Ahmed Al Jaber, chief executive officer of Abu Dhabi National Oil Co.

Santos CEO hits back over collapsed XRG takeover

Kevin Gallagher wants to set the record straight as both sides assess the fallout from the canned $30bn takeover deal, and has rubbished talk he’s going anywhere.

Trading DayTrading Day

ASX rises on sea of green; Telix, CSL lead surging health stocks

ASX rises on sea of green; Telix, CSL lead surging health stocks

Second strike among AGM hiccups facing ASX. Super Retail in whistleblower settlement talks. Santos chief dismisses exit speculation. CSL pulls pay vote after admitting it misled workers.

David Rogers and Valerina Changarathil

‘He’s a pure legend’The Wall Street Journal

LONDON, ENGLAND - SEPTEMBER 15: Reform UK leader Nigel Farage speaks during a press conference as MP Danny Kruger of East Wiltshire announces his defection from the Conservatives to Reform UK at the May Fair hotel on September 15, 2025 in the Mayfair area of London, England. (Photo by Dan Kitwood/Getty Images)

A politician’s secret power: he’ll say anything for $145

Britain’s Nigel Farage is winning young fans partly by selling short, sometimes inappropriate video greetings he probably doesn’t understand.

James Hookway

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Original URL: https://www.theaustralian.com.au/topics/santos