Santos Ltd lower Wednesday, outperforms the Energy sector
Here is the latest company close update for Santos Ltd, STO.
Here is the latest company close update for Santos Ltd, STO.
In the seats where Muslim or Jewish voters form a critical mass (the former more numerous than the latter) the disaffected are revolting against Labor and creating ironic, and even perverse, outcomes.
ASX ekes out small gain. Election Day is May 3. Bad weather delays Incitec Pivot fertilizer sales. Big east coast gas users back Dutton plan as producers pan it. Virgin clears last barrier on Qatar flights. Star’s Sydney casino licence suspension continues.
Santos’ LNG facility is seeking short-term gas supply deals due to the looming expiry of a contract with Australia Pacific LNG, which is part owned by Origin Energy.
A year after rumours surfaced that ConocoPhillips was eyeing the liquefied natural gas assets of Santos, deals could be back on the agenda.
Kevin Gallagher is the latest energy industry executive to urge Australia to follow the US lead and embrace the comparative advantage of abundant gas reserves.
Fresh life has been breathed into Melbourne Victory’s season – and this Brazilian is a big part of the reason why. He opens up on his move to Australia ahead of the derby on Saturday night.
CEO Kevin Gallagher says Australian authorities must approve its $3.5bn Narrabri project if they want to avert a looming east coast gas shortfall and safeguard jobs.
SA govt puts Whyalla Steelworks into administration. NAB shares slumps as margin strain dents earnings. MinRes tanks on massive loss. Santos results disappoint. WA rich lister sells $8.5bn Rio stake. MinRes’ big loss triggers double-digit dive. Profitable Goodman taps investors for $4bn.
The EDO could be stripped of its charity status if the non-profit commission finds it breached public trust and failed to act responsibly in its legal challenge against Santos.
Australia will pass up a potentially lucrative industry to rivals storing captured carbon emissions unless the federal government lifts its restrictions on importation, says Santos.
The energy group, led by Kevin Gallagher, expects production to jump next year as a major growth project comes online.
A deferred decision whether to proceed with the Dorado oil development in WA is likely to please shareholders who have pushed for Santos to trim capital expenditure.
Donald Trump wants to increase fossil fuel production which has the potential to trigger a global oversupply, however analysts say the big Aussie producers should be insulated for a while.
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.
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’ 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.
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.
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.
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.
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.
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.
The revelations about the EDO’s conduct have also prompted calls for greater clarity around the sources of the organisation’s foreign funding
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.
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 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 must show how it can bolster production in the medium term without spending a significant amount, analysts say.
Santos has rejected claims its boss Kevin Gallagher is a potential replacement for embattled Mineral Resources managing director Chris Ellison.
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.
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.
Original URL: https://www.theaustralian.com.au/topics/santos