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.
Santos
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.
Gallagher needs to add value to takeover proposal
The long-awaited Santos bid for Oil Search is now public and for his next trick Kevin Gallagher needs to put some value on the table.
Santos merger proposal aims to create $22bn ‘regional champion’
Santos has ambitions to be one of the 20 largest companies on the ASX, proposing a $22 billion merger with Oil Search.
Oil Search slippery slope paves solid ground for Santos
If Santos CEO Kevin Gallagher pulls off Oil Search and delivers upside he will be worth every cent of his $6m incentive pay.
Santos’ $22bn merger plan with Oil Search a long time coming
Santos is speculated to have been interested in a deal with Oil Search for at least three years, but now it has finally shown its hand.
Santos stalks a wounded Oil Search
Oil Search faces shareholder pressure to hold talks with Santos over a $23bn merger creating Australia’s biggest oil and gas producer.
Santos holds merger talks with Oil Search
Energy company Santos is understood to have made approaches to Oil Search about a merger deal in the past six months.
ASX ends down after 1.2% dip
Stocks recovered nearly all their early losses by lunch but closed in the red. Blow for Crown, BHP record quarter, JB Hi-Fi surges, Santos in Oil Search merger offer.
Santos pulls out of Great Australian Bight
The prospects of anyone drilling for oil in the Great Australian Bight in the next decade seem remote with Santos handing back its right to explore for oil in the region.
Climate action put Santos in ESG bond fund
A new impact bond fund launched by global investment giant Nuveen counts ASX-listed Santos as one of its issuers.
Santos, Woodside defenders hit back at Twiggy criticism
Strike Energy’s Stuart Nicholls has taken Andrew Forrest to task over claims new gas projects were ‘fossils’ for their high carbon emissions.
National rivals threaten oil sector: Santos
Australia’s energy sector faces fresh competitive threats as the OPEC oil cartel flexes its muscle while LNG rivals like Qatar are expected to hike production.
Original URL: https://www.theaustralian.com.au/topics/santos/page/15