Santos fires up Darwin gas
The $4.7bn Barossa scheme is the largest oil and gas sector investment in Australia for a decade.
The $4.7bn Barossa scheme is the largest oil and gas sector investment in Australia for a decade.
It was another disappointing day for Australian shares and the market erased a solid intraday rise for a second day running.
SANTOS has approved its $4.7 billion Barossa gas project in the Northern Territory with the energy giant giving the go-ahead for a final investment decision this morning
Santos shareholders will next year get a vote on the company’s climate report, which the company says shows its leadership on the issue.
Chinese shareholder ENN has offloaded a massive stake in oil and gas giant Santos, the ASX-listed group confirmed on Monday
The local sharemarket erased most of a spectacular 1.75 per cent early gain on Monday, ending the day just 29 points higher.
Morgan Stanley and UBS are selling $785 million worth of shares out of Santos on behalf of Chinese investor.
The ASX 200 finished flat amid mixed trading, as Treasury Wine shares powered back and BoQ made a move on ME Bank.
Santos boss Kevin Gallagher says drawn out development processes for energy projects are getting in the way of supplying affordable gas to Australian consumers and businesses.
Santos has been hit by a further writedown in a blow that takes its total annual impairments to $1.15bn.
Santos has come out ahead of its upcoming annual meeting to say it won’t be getting out of oil and gas any time soon.
Santos managing director Kevin Gallagher has a clear message for Australian industry – get more efficient, just like Santos did.
The controversial Narrabri gas project being built in the north west of NSW faces a fresh legal challenge from environmentalists.
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Santos chief executive Kevin Gallagher has been named as a potential successor to Woodside Petroleum boss Peter Coleman
Santos says it will remain a gas company for decades to come, eschewing a strategic shift into renewables and electricity.
Santos has committed to net zero emissions by 2040 in a move that may hike pressure on its Australian oil and gas rivals.
Santos could sanction its controversial $3.6bn Narrabri gas project in NSW in 2022 after winning federal environmental approval.
The NSW project, proposed by Santos, is subject to further conditions.
MST Marquee analyst says $4 gas for the domestic market deserved a ‘gold medal for the most stupid comment ever made publicly’.
Santos has spent years clearing hurdles to develop Narrabri.
Scott Morrison has admonished NSW Energy Minister Matt Kean for stating it would be a gamble for Santos to proceed with its Narrabri gas project.
Our abundant resources are a major competitive advantage.
Santos has consistently argued that Narrabri will provide a cheaper option than any LNG import schemes.
With the Santos gas project finally approved by the NSW government, Narrabri Mayor Ron Campbell is positively basking in his town’s new-found potential.
Industry is happy but opponents threaten intervention after Santos wins approval for its Narrabri coal seam gas project.
Warning comes with the danger of the project becoming a stranded asset, NSW Energy Minister Matt Kean says.
The ex-Santos chair who bought the original Narrabri gas permits a decade ago said he was astounded the $3.6bn project was still awaiting approval.
Oil and gas heavyweight Santos hits back at critics of the government’s decision to expand funding to carbon capture and storage (CCS) projects.
Original URL: https://www.theaustralian.com.au/topics/santos/page/15