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.
Santos
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.
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 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.
Original URL: https://www.theaustralian.com.au/topics/santos/page/14