Santos Ltd outperforms the Energy sector despite losses on the day
Here is the latest company close update for Santos Ltd, STO.
Santos
Fewer new LNG commitments this year, says forecaster
There will be fewer global LNG final investment commitments this year, which should ease the concern of giants like Woodside and Santos of a global glut, a respected industry observer says.
Coalition seeks corruption watchdog probe on EDO
The opposition says the Federal Court identified examples of the EDO and its agents manipulating material, coaching witnesses and confecting evidence in its legal fight with Santos.
Santos’ ability to hit net zero target not possible, court told
Santos’ road map to net zero emissions was unfeasible because it had set increasingly greater production targets, a group suing the oil and gas giant for alleged ‘greenwashing’ has told a court.
EDO expert panned rival’s work unread
The professor lamented a statement by the Tiwi Land Council for suggesting that some Tiwi Islanders supported Santos’s plans for the Barossa gas project.
Energy transition needs a balanced, long-term approach
Key takeaways from Macquarie’s latest Green Energy Conference – which headlined the CEOs of Origin Energy and Santos – were the ever-present risks of a poorly managed transition.
Santos opponents referred to anti-corruption commission
Opposition resources spokeswoman Susan McDonald is drafting a letter to the federal corruption watchdog asking it to investigate the conduct of the EDO and the academics they used in their attempt to block Santos’ $5.8bn Barossa gas project.
Further doubts on expert’s ‘evidence’ as EDO bid backfires
The Environmental Defenders Office has been ordered to pay more than $9m to Santos over its role in the legal challenge against the company’s Barossa gas project. It only has $8.5m in the bank.
ASX 200 hits new records as CSL, CBA gain; Star cops first strike
Star investors vote against CEO pay amid liquidity, viability concerns. ACCC sues Webjet. IAG snaps up most of RACQ underwriting for $855m. AVJennings shares rocket on takeover. Activist group ordered to pay Santos $9m.
Cook’s concern over activists’ heritage hijack
The revelations about the EDO’s conduct have also prompted calls for greater clarity around the sources of the organisation’s foreign funding
Serpent and a total Croc: Inside lawfare plot to block $5.8bn gas project
Academic and cultural experts exchanged emails and text messages coaching each other on how to use a rainbow serpent and crocodile man songline map to block Santos’s Barossa project in the Timor Sea.
Santos to hike returns to please frustrated investors
The move will please some investors, which are increasingly frustrated by little growth in the company’s share price – though it will stoke concern about the capacity of the company to invest in growth developments.
ASX 200 at all-time high; CBA hits record
ASX 200 soars to record high on large scale buying before a late selloff. RBA ‘vigilant’ on inflation risks. Goyder to chair Perron Group. TechOne hits record after profit jump on a strong day for tech stocks. CBA, Xero, WiseTech also hit records. Elders dives after capital raise. Santos buoyant on higher returns promise
Santos under pressure to reveal growth projects
Santos must show how it can bolster production in the medium term without spending a significant amount, analysts say.
MinRes shuts lithium mine as Santos blasts top job speculation
Santos has rejected claims its boss Kevin Gallagher is a potential replacement for embattled Mineral Resources managing director Chris Ellison.
Santos serious about reducing emissions, court hears
In a case challenging the veracity of Santos’ CO2 emissions reduction, the Federal Court has heard testimony from a former boss who says the company’s commitment is genuine.
Santos’ net-zero plan not credible, court told
A court challenge, the first of its type, testing the veracity of Santos’ net-zero emissions statements has the potential to have landmark ramifications for companies.
Santos sets time line for Papua LNG decision
Papua LNG is a key growth project for Santos and the Pacific nation but it has beset by delays and a company executive has revealed when a decision will be made on the development.
Blowouts hit Santos Alaskan project
The increased costs were expected but the update is slightly above what the market had anticipated – frustrating some shareholders pushing for corporate growth.
Santos and Beach busting carbon storage myths
Santos and Beach Energy have exceeded initial expectations at their Moomba carbon storage facility, a move that should placate frustrated shareholders.
Original URL: https://www.theaustralian.com.au/topics/santos