Santos may spin off oil assets
As equity capital markets bankers continue to assess float opportunities for 2022, one on their list is Santos.
Santos
Bigger Santos pivots to cleaner future
Having sealed its $22bn merger with Oil Search, Santos CEO Kevin Gallagher says the company’s bigger balance sheet will help it transition to a low carbon energy future.
ASX ends 0.4% lower, Afterpay dives
ASX closes down 0.42 per cent with health and energy weak, Santos-Oil Search merger complete, and HomeCo restructure wins investor approval.
ASX closes lower; PNG stamps Oil Search takeover
ASX closed down 0.28% with tech stocks weak, PNG courts approve Santos-Oil Search deal, Woodside targets east coast, Sydney Airport lifts on ACCC backing and jobs recovery slows.
ASX extends gains, Zip, Mesoblast spike
The market’s strong run continues, closing up 1.25 per cent, led by tech and mining stocks. Woodside to invest $7bn in new energy, and telcos fork out $2bn on 5G spectrum.
Oil Search holders vote for $21bn Santos merger
Oil Search shareholders have overwhelmingly voted in favour of a $21bn merger deal with Santos.
ASX bolts as energy, tech stocks jump
ASX rallied late to finish nearly 1 per cent higher, driven by energy and tech stocks. RBA keeps rates on hold, Magellan hit on CEO exit, record month for Zip and travel stocks soar on Omicron relief.
ASX up slightly after Zip and Afterpay slump
The ASX 200 has finished fractionally higher, amid sharp tech falls led by Zip and Afterpay. Investors dumped Bapcor following early CEO exit. The Santos-Oil Search merger has cleared one PNG hurdle. Metcash soared after solid results.
Merger with Oil Search on track: Santos
Santos managing director Kevin Gallagher laid out his pitch to Papua New Guinea-based stakeholders in the planned merger with Oil Search, which goes to a vote next week.
Gas users lose price spat with major producers
Major gas producers including Shell and Santos have won a battle with large users who were calling for a mechanism to help lower east coast prices.
PNG gas project nears deal in boost for Santos
A gas agreement is set to be signed for the delayed P’nyang project in Papua New Guinea, boosting the business case for the $21bn Santos-Oil Search merger.
Oil Search investors weigh $21bn Santos rejection
Several major institutions plan to vote against Oil Search’s $21bn Santos merger, but proxy advisers have backed the deal.
Oil Search gets proxy nod for $21bn Santos merger
The oil and gas major has received backing from an influential proxy adviser for its $21bn Santos merger.
Gas basin leaseholder fights fracking plan
One of the country’s largest landholders has accused Santos of misleading conduct as it battles attempts by fracking companies to develop the gas-rich Beetaloo Basin.
Value concerns over Oil Search merger with Santos
Oil Search approached Santos over boosting its share of a $21bn merger after an independent expert raised concern the company could be handed over too cheaply.
Santos strikes deal to strip carbon from the air
Santos will join forces with CSIRO in a bid to commercialise technology which can strip carbon dioxide out of the air.
Transition ‘or die’: Santos’ energy warning
Australian gas giant boss says companies have no choice but to transition to new energy sources, such as hydrogen, if they’re to survive.
Big business goes green at Glasgow talks
A host of big Australian business players across green energy have held high level talks with Scott Morrison at the COP26 meeting.
Santos green lights Moomba carbon storage
Santos will go ahead with one of the largest carbon capture and storage projects in the world, with the $220m project set to start operating in 2024.
Santos’ $21bn Oil Search merger suffers delay
Santos and Oil Search have suffered a delay on a key plank of their $21bn merger.
Santos battles with Forrest on hydrogen
Santos has escalated a war of words with Andrew Forrest, arguing hydrogen from its Moomba hub will be far cheaper and with zero emissions.
Oil Search projects slow amid Santos deal
The timelines for Oil Search’s Alaskan and Papua New Guinean projects has slowed with the producer seeking to seal a $21bn merger with Santos
Green option as Origin offloads APLNG stake
Origin Energy may plough part of a $2bn windfall into clean energy and storage projects after it sold a stake in APLNG to private equity owner EIG.
Senex buy would give POSCO route into Australia
Senex is understood to have held takeover talks with Australian rivals Santos and Beach Energy before POSCO emerged with offers as high as $836m.
Appeal against Santos’ Narrabri gas project dismissed
An appeal against Santos’ multi-billion dollar Narrabri gas project has been dismissed in a New South Wales Court.
Row erupts over Santos fracking plan
Santos has secured final approvals for a controversial fracking project in the Northern Territory, angering one of the country’s biggest landowners.
The investment banker pinning Citi on M&A map
Despite being in lockdown for most of the time, Alex Cartel pulled in the $22bn Santos merger with Oil Search, an advisory mandate that has nudged the bank upwards.
PNG demands bigger slice of Oil Search gas project
Santos and Oil Search have been told of a new demand from the Papua New Guinea government as the two energy giants attempt to strike a $21bn merger deal.
Oil Search investors mull Santos deal
Major Oil Search shareholders are casting doubt over the merits of Santos’ $21bn merger proposal
UBS & Morgan Stanley launch $403m Santos block trade
Morgan Stanley and UBS were selling a $403m stake in Santos on Thursday night.
Original URL: https://www.theaustralian.com.au/topics/santos/page/12