Santos boosts shareholder returns, flags more to come
Santos will pay more out in dividends and buy back more of its shares, and says shareholders can expect even more once major projects are completed.
Santos
ASX sees biggest fall in five weeks; tech dumped
Tech and energy lead falls on the ASX. GDP prints weaker than expected, Uber to pay $21m over misleading fares, Beach Energy plunges amid Clough fallout and Coronado rallies.
Gas upheaval predicted in fallout from Santos case
The energy producer’s loss of an appeal over insufficient consultation with traditional owners for its Barossa project will impact Australia’s offshore oil and gas industry.
‘Slayed giant’: Historic win for Tiwi Islanders
Traditional owners have had a landmark win in court against gas giant Santos over a $4.7bn project off the Tiwi Islands.
ASX falls 0.7pc; Hancock’s fresh Warrego bid
ASX ends the week up despite Friday’s loss. Hancock trumps Beach’s revised Warrego bid, Santos loses Barossa appeal, Coronado falls on weather hit and Premier’s record Black Friday.
Woodside warns of WA gas project delay
Woodside Energy’s $16.5bn Scarborough gas development off Western Australia faces delays thanks to the implications of an Indigenous man’s court win against Santos in the NT.
ASX ends up 1pc; miners gain as energy stocks slip
ASX closes at seven-month high. Warrego gives Beach Energy five days to match Hancock’s ‘superior’ offer, iron ore posts record monthly rise and Woodside leads energy losses.
Santos gas leak cuts WA supplies
Santos says it’s had a gas leak at its offshore field in Western Australia and supplies have been cut from the Varanus Island processing facility.
ASX gains; Fiona Hick to lead FMG mining arm
Miners push ASX higher. Fortescue names Woodside exec mining chief executive, commodities rebound on China optimism and Collins Foods plunges on weak update.
Santos ‘failed’ to consult Tiwi Islanders: court
The Federal Court will soon hand down a historic decision after gas company Santos launched an appeal over a stalled $4.7bn project off the Tiwi Islands.
‘Shame’: Protesters fight Santos gas project
Protesters have demanded “justice” for the Tiwi Islands, as the Federal Court begins hearing an appeal over Santos’ stalled gas project.
All options needed as world leaders tackle climate
The pragmatic Santos strategy highlights the flaw in Labor’s ideological fixation on subsidised renewables.
Carbon capture ‘proven’ path to zero: Santos
Santos boss Kevin Gallagher walks a fine line but he insists gas is here to stay – for now.
‘Conversations of fear I never expected’: Santos CEO
Policy failure and climate wars are to blame for the national energy crisis rather than Russia’s invasion of Ukraine, Santos boss Kevin Gallagher says.
Gas price cap ‘would kill imports’
Consultancy EnergyQuest has issued a grim warning that a price cap for Australia’s domestic gas industry would kill off LNG imports and delay big projects.
Woodside, Santos cash in amid gas boom
Australia’s two biggest energy producers have been banking huge profits off the back of soaring oil and gas prices.
ASX drops 1pc on tech; Woodside soars on upgrade
ASX ends lower on falls led by tech and miners. Woodside rockets on guidance upgrade, iron ore outlook gloomy, New Acland stage 3 gets water licence and McGrath downgrades earnings.
Doubts over PNG’s offer for Santos stake
Papua New Guinea’s financial position poses a risk to the completion of Santos’s sale of a stake in a gas project.
ASX rises 0.4pc; coal, lithium miners rally
ASX breaks a three-day losing streak on energy and materials. Aussie dollar rebounds, Link suffers downgrades, gloomy outlook hits REITs and Santos rises amid PNG offer.
Climate threat mounts after Santos’ Barossa blow
Australia is becoming one of the most litigious countries for environmental activism, analysts say, after Santos was forced to halt drilling on its $5.4bn Barossa gas development.
‘Take notice’: Huge blow for mining giant
A group of Australians have had a huge victory in a first-of-its-kind court case against one of the world’s mining giants.
Santos attacks legal halt to drilling
Santos has attacked a court decision that forced a halt to drilling on its $4.7bn Barossa gas development in the Northern Territory.
ASX in red; Santos slams Barossa ruling
The ASX 200 closed 1.6 per cent lower at a two-month low amid jitters about the fallout of the next US rate hike. Imugene, Sayona Mining and Champion Iron lead the losses. Still, Soul Patts and Viva Energy found strong support.
Energy giant eyes new Brisbane digs
A major oil and gas producer is expected to put the feelers out for a new Brisbane head office, while after a year long process the world’s largest miner has elected to remain in its local HQ.
UniSuper stands up to climate activists
UniSuper is standing firm on its remaining fossil fuel exposures, saying it will not be pressured to fully divest, even as it admits it now has little clout with oil and gas majors.
ASX rallies; energy stocks soar 4pc on coal
ASX ends higher as energy and miners gain. Whitehaven Coal hits record high; European gas prices rocket 30 per cent, Fortescue trades ex-dividend and jobs ads exceed peak
ASX sinks 2pc in $46bn wipeout; tech, miners hit
ASX has its biggest one-day fall in two months as just four stocks higher. A2 Milk surges on result, iron ore futures hit miners, Fortescue profit drops and retail sales soar.
ASX ends week up; Santos leads energy surge
ASX on its best winning streak in 15 months with a fifth week of gains. TPG plunges, AGL profit hit, Woodside leads coal rally and gas security mechanism to last till 2030.
‘The world has changed’: Santos chief sticks to his guns
The market had hoped to hear Santos quitting its Alaskan oil interests and a selldown of its PNG LNG holding. It didn’t.
Miner’s renewable power plan to ‘green’ Indonickel
ASX-listed Nickel Industries is seeking to bridge the gap between Indonesia’s nickel resources and ESG concerns by embracing renewable energy.
Original URL: https://www.theaustralian.com.au/topics/santos/page/11