Cheaper renewables make Narrabri gas obsolete
Thursday marks a year since the NSW Independent Planning Commission approved Santos’s Narrabri gas project, despite opposition from the community and experts.
Santos
Santos to enter talks with PNG over Oil Search merger
Australian oil producer Santos is understood to be planning to hold talks with the PNG government this week about its $21bn merger with Oil Search.
Citi’s Luet banks on M&A, energy transition
Citi Australia chief Marc Luet has had a good week. Friday’s $21bn Santos and Oil Search merger will bump up the bank in Dealogic’s M&A rankings.
Santos, Oil Search agree $21bn merger
Santos and Oil Search have signed off on their tie-up, with the deal set to catapult the combined company into a top 20 global oil and gas producer.
Ahead of the announcement: Santos, Oil Search to sign
The signing of the $21bn merger deal between Santos and Oil Search was previewed by DataRoom, before the official word.
ASX closes up 0.5%, Santos, Oil Search to merge
ASX 200 closes up 0.5% at 7406.6 points after rising 0.8%, as S&P 500 futures rose 0.3% and share markets in Japan and China rose 1%.
PNG ups ante in Santos-Oil Search merger
Santos’s $21bn merger with Oil Search faces a major threat after the Papua New Guinea government demanded better terms.
The Santos mantra: Do the hard stuff fast
Santos boss Kevin Gallagher will use knowledge from previous M&A deals to guide the Oil Search merger process.
Santos pitches $21bn merger for net zero
Santos chief Kevin Gallagher says the Oil Search merger would give it the bulk to handle and prosper from an urgent global focus on tackling climate change.
More oil and gas mergers likely: Santos
Santos director Yasmin Allen warns that more mergers within the oil and gas industry are likely if companies don’t build new revenue streams, amid waning support from capital markets.
Santos sued over ‘clean energy’ claims
Santos has been served with a legal claim accusing it of engaging in misleading or deceptive conduct over its clean energy claims.
Oil Search defends value of Santos deal
Investors have questioned Oil Search’s approach to the $21bn Santos merger amid some concern over the value of the deal.
Oil giants agree to merger terms
Oil and gas giants Oil Search and Santos are understood to have agreed terms on their $21bn merger and are on track to announce a final deal next week.
Oil Search spinner calls it quits
The exit of Oil Search’s head of comms on its own isn’t remarkable, but amid executive upheaval is just another cultural red flag.
Santos surges back to profit
Santos says its $21bn merger talks with Oil Search are progressing well as the energy group returns to profit amid record production.
ASX drops 0.9%, CBA, resource stocks fall
ASX finishes at lowest level in two weeks. Financial stocks including CBA and resource companies sold off. After market close, BHP and Woodside confirm $40bn petroleum merger. BHP to pay record dividend.
Oil Search out in cold after Alaskan mistake
A heated phone call with ConocoPhillips’ boss Ryan Lance signalled a missed opportunity for Oil Search to reduce its Alaskan stake.
Santos-Oil Search merger faces PNG test
Papua New Guinea’s Prime Minister James Marape has warned a $21bn merger of Santos and Oil Search must pass a national interest test.
Santos draws Japanese interest for Dorado sale
Santos is believed to have attracted Japanese trading companies such as Mitsui and Mitsubishi for the sales process of its Dorado project in Western Australia.
Santos could sell PNG LNG stake to thwart rival bid: analysts
Santos may sell down part of its Papua New Guinea LNG stake to a rival to ensure the companies don’t crash its $21bn merger with Oil Search
Energy giant emerges as Santos, Oil Search tie knot
The combined business is set to jump into the world’s 20 largest energy companies, leapfrogging Woodside Petroleum.
Weekend talks sealed Santos-Oil Search mega-deal
A weekend of hard negotiations between Santos and Oil Search led to agreement on one of Australia’s biggest oil and gas mergers.
$60bn deal day a throwback to pre-GFC boom
Two huge transactions involving Afterpay and oil giants Santos and Oil Search have analysts tipping more M&A action ahead.
ASX hits record as Afterpay surges on Square bid
ASX ends 1.3 per cent higher at a record daily close of 7491. Tech sector rallied after Afterpay agrees to 31 per cent premium takeover bid from US giant Square and Oil Search accepts Santos’ sweetened bid.
Gas policy change forces supply crunch
The NSW government is set to slash the state’s petroleum exploration licences, except for those relating to Santos’ Narrabri gas project.
Seismic shift in oil and gas sector
Australia’s oil and gas industry faces its biggest shake-up in a generation with a wave of M&A activity poised to reshape the sector.
Dump Alaska asset in merger: analysts
Analysts at Morgan Stanley believe Santos should sell off Oil Search’s Alaska business should it succeed in a merger deal.
Woodside the wild card amid Santos-Oil Search
One of the questions being asked after Santos’s $22bn bid for Oil Search is where Woodside Petroleum fits into the picture.
How Santos lit the fuse on mega gas deal
After six months of talks, a high stakes mega merger between Santos and Oil Search is out in the open.
BlackRock may vote against energy majors at AGMs
The fund giant warns it will vote against the management of companies it feels do not do enough to cope with the risks of climate change.
Original URL: https://www.theaustralian.com.au/topics/santos/page/13