Santos prepares for ‘changed’ world’s fuel demand
Santos approved its $US2.6bn ($3.7bn) Alaska oil project after more than tripling first-half profits, saying the global energy crisis had sparked a rush for new supplies.
Santos
ASX in black, Challenger, Super Retail up
ASX ends 0.3 per cent higher, recording its best close in 10 weeks. Investors pile into Challenger, BHP, Wesfarmers, Brambles and Super Retail with a flurry of earnings results. CSL lost ground after profit fell.
Santos poised to update investors on Pikka deal
Santos is understood to have made progress on plans for asset sales overseas, including its Alsaka project, and is expected to deliver an update to investors on Wednesday.
Santos acquires pipeline for Narrabri gas project
Santos has bought the Hunter Gas Pipeline as it seeks to develop a new $1.2bn route for its long stalled Narrabri project in NSW.
ASX jumps 1.1pc; Block, Seek, Goodman soar
ASX enjoys its best session in two weeks as discretionary and real estate leap. Mirvac jumps on earnings, Lake Resources rockets, while AMP and Telstra slide on FY22 results.
Bumper ‘Big Gas’ results risk a government backlash
Woodside and Santos are about to announce billions of dollars in bumper earnings and that could be enough to trigger the political impetus to claw some back through a windfall tax.
Gas trigger review ‘unfairly targets Santos’
Santos and its partners on the giant GLNG gas export plant have complained the LNG trigger under review by the Albanese government unfairly targets its joint venture.
Santos seeks gas ‘trigger’ reform
The Santos Gladstone LNG project wants a key clause in the gas export trigger arrangements removed amid fears it would be held solely responsible for topping up local supplies.
Customers dudded as regulator confiscates gas supply
Exxon and Santos were supplying to Weston’s customers. But a letter from officials changed that, handing the lucrative resource to AGL. And that is not in the national interest.
‘Completely committed’: Dom’s energy plan
The NSW Premier has made a bold commitment to help steer Australia through its current energy crisis.
Tiny community taking on global giant
Community leaders 80km north of Darwin have launched an extraordinary Federal Court fight against a multinational company.
Dangers in gaslighting the debate over energy crisis
There should be no surprise that shutting down coal-fired power generation has led to shortages. It’s what we do now that matters.
Gas giants fire warning over Labor intervention
Shell and GLNG, two of the big Queensland LNG investors, have fired a warning to Labor over intervention in the sector to calm a gas crisis.
‘You can’t just conjure it up magically’: Gas chief’s warning
Gas price shocks and shortages are due to a decade of energy policy failures and competition laws that stop producers working together to meet demand, says Santos chief Kevin Gallagher.
Oil giants queue for Santos’ Pikka
Major oil and gas producers from North America are believed to be lining up in the sale process for a stake in the Alaska-based Pikka project.
Santos execs to discuss energy with Japan giants
Santos executives including boss Kevin Gallagher will hold meetings in Tokyo this weekend with Japanese utilities interested in grabbing a stake in PNG LNG.
Plea for no policy shocks on energy
Energy boss Kevin Gallagher is worried about ‘kneejerk’ reactions from the winner of Saturday’s federal election.
Ditch the ideology on energy policy: Santos boss
The dial is shifting on carbon capture and storage. At APPEA everyone is talking about it as a critical step in the energy transition to get to net zero by 2050.
Fired Santos worker sues over FIFO commuting deal
A Queensland worker is suing for $600,000 alleging Santos reneged on a deal and fired him after he moved his family to New Zealand.
Santos cops first strike on pay
The South Australian producer was hit with a first strike on pay, which it blamed in part on an adverse proxy adviser report from ISS
Santos slammed over CEO pay
Influential proxy adviser ISS says it has a ‘high degree’ of concern about CEO Kevin Gallagher’s proposed $6m bonus.
Russian gas freeze fires huge price rise
Russia’s move to cut gas supplies to Europe is set to exacerbate a supply squeeze and spark a further price windfall for Woodside Petroleum and Santos.
Santos selldowns loom as energy markets boom
Santos has been tipped for more than $4bn of equity selldowns following its $21bn merger with Oil Search.
Price boom lifts Santos to record
Booming oil and LNG prices and strong production saw Santos deliver record quarterly revenue of $US1.9bn.
ASX up as investors pile in
ASX rose 0.3 per cent, led by financial stocks including Challenger and CBA, plus Brambles. Betmakers soars after striking deal with News Corp. Ramsay extends gains on $20bn bid. BHP dumped after update.
Santos launches buyback, dividend boost
Santos will launch a $US250m ($338m) share buyback in May with high oil prices set to boost investor returns after the company rebooted its capital management model.
ASX ends flat; Ramsay soars
ASX 200 gives up gains to finish steady. Ramsay Health rallies on $20bn KKR bid. CSL, Wesfarmers and Whitehaven also strong. Rio Tinto drops after poor quarter.
Energy players, miners lift ASX
ASX closed nearly 0.6 per cent higher, led by Woodside, Santos, BHP and banks. RBA flags rate hikes coming soon amid inflation and wages watch. Boral dumps CFO and AMP confirms Dexus talks.
ASX closes up; Woodside-BHP deal ‘fair’; Star inquiry extends
The ASX 200 gained 35.2 points to close up 0.47 per cent to 7478. Woodside $40bn BHP deal ‘fair’. More witnesses to be called in extended Star casino enquiry. RBA says rate hikes, inflation to hit repayments.
Hedge fund activists take aim at Coates
The activist European hedge fund agitating for Glencore to carve off its thermal coal assets has a new target: former Santos and Minerals Council chairman Peter Coates.
Original URL: https://www.theaustralian.com.au/topics/santos/page/12