Santos to slash and burn
Oil and gas player Santos is preparing for sweeping job cuts and a clear-out of its smaller, non-core assets.
Santos
Santos dividend still an option
MD Kevin Gallagher says a full-year dividend is still possible after yesterday’s record statutory $US1.1bn net loss.
Santos swings to $US1.1bn loss
Santos has booked its first underlying loss in two decades, as depressed oil prices haunt the energy group.
Santos’s first loss in 20 years
Santos chief Kevin Gallagher could preside over the first underlying interim or full-year loss for at least 20 years.
A good time for Coates to go
Following $8.3bn in writedowns and the appointment of a new CEO, it’s now time for Peter Coates to exit Santos.
The squeeze in Santos’ pipeline
Santos’ Gladstone plants have been built with several decades of production in mind, but that isn’t much help today.
Santos in huge GLNG writedown
Santos has taken a near $2bn pre-tax impairment on its flagship LNG project as low oil prices torment the energy giant.
Santos feels more oil price pain
Energy giant Santos has announced a slide in first-half sales revenue, despite record production numbers.
Santos CFO heads for the exit
The energy giant didn’t provide a reason for Andrew Seaton’s departure as it starts the search for a replacement.
Eight short works long on talent
Genesis is devised so the West Australian Ballet dancers can test their choreographic ability, with some notable talent.
Santos taps second GLNG train
Production from the second and final LNG train marks the successful delivery of the Curtis Island project.
Investors vent ire at Santos
New Santos managing director Kevin Gallagher has flagged job losses and a slimmed down asset portfolio for the company.
Santos cost-cutting bears fruit
Struggling oil and gas company Santos has put a halt to its revenue slide, as sales rises offset weaker oil prices.
Stocks close firmly in the red
Energy shares led the market down, with Santos diving 7pc, while Qantas closed more than 10pc lower.
Santos gets more suitable partner
China’s ENN has emerged as the key strategic shareholder in Santos, bailing out the uber-rich backers of Hony Capital.
China’s ENN grabs Santos stake
Gas distributor ENN will buy a $US750m stake in Santos from largest single shareholder, China’s Hony Capital.
Consolidation on table at Origin
Origin’s Grant King says he is open to corporate level consolidation talks with Santos or other players.
Committed Santos buyer is essential
Santos has a special place in the development of Australia’s oil and gas industry.
Oil drop took Santos by surprise
Santos chairman Peter Coates says the group did not fully anticipate the timing and depth of the oil price collapse.
Santos unveils $3.5bn capital boost
Santos will shore up its capital position to the tune of $3.5bn and tapped a resources veteran to head up the company.
Santos to lay out path to recovery
Speculation was increasing last night that Santos will unveil a sweeping overhaul.
Karoon eyes $3bn windfall
Karoon Gas is taking a Brazilian approach to what could end up a $3bn development in that country’s offshore Santos Basin.
Woodside has that hungry look
Some are saying Woodside chief Peter Coleman has his eye on a stake in the Darwin LNG project run by ConocoPhillips.
GLNG sell-down tipped
A sell-down of Santos’s 33 per cent stake in the Gladstone LNG project is now seen as one of the most likely solutions to its funding woes.
Oil boon for Qantas
Oil price volatility may have piled pressure on Santos and Origin but for Qantas the slide has provided a boon.
Oil weakness fuels LNG sell-off
Investors have dumped Australian LNG stocks ahead of earnings releases this week.
Coates calls for more agile culture
Returning Santos chairman Peter Coates says the Adelaide oil and gas producer’s culture needs to change to make it more agile.
Uni defends Santos mutuality
A CAMPAIGN calling for universities to dump shares in fossil fuel companies has met a stumbling block in South Australia.
Santos lifts energy dividend
INVESTOR patience is finally being rewarded as owners of liquefied natural gas projects begin cranking up their dividend payments.
Backlash strips $600m from gas deal
INCREASED risk has slashed $600m from the value of Santos’s Narrabri coal-seam gas project in the Pilliga state forest.
Original URL: https://www.theaustralian.com.au/topics/santos/page/20