Rio Tinto profit down, beats estimates
Rio Tinto annual net profit falls to $US10.1bn; underlying result beats estimates. CSR trading halt amid takeover talk. Woolworths’ Brad Banducci apologised to Rod Sims. Corporate Travel dives. WiseTech soars.
Santos
Carbon ‘levy’ to supercharge green industry
Former ACCC chair Rod Sims conceded a carbon tax that raised $100bn in its first year represented ‘a big hit’ on around 100 businesses.
Santos ‘must act’ on strategic review
Santos is under renewed pressure from shareholders to increase its value following the collapse of merger talks with Woodside.
Waratahs to unleash red-hot teens in battle with old foes
With a new coach at the helm and a rejigged line-up, the Waratahs will preview a gang of schoolgirls to help them foil the Queensland Reds at the Santos rugby festival. SQUAD NAMED
Plibersek probes whether EDO ‘breached funding deal’
The Environmental Defenders Office was found to have confected evidence against Santos’s $5.3bn Barossa LNG project.
Santos faces investor pressure after $80bn talks tank
Woodside and Santos were unable to find mutual value in a mega-billion dollar tie-up. What’s next for both players?
Gallagher needs to deliver after takeover talks fail
The failure of merger talks with Woodside will ramp up the pressure on Santos and its CEO Kevin Gallagher to bridge the gap between what is promised and what is delivered.
ASX ends higher as Santos falls
Gains in utilities and materials saw the Australian sharemarket climb on Wednesday as companies announced some big news.
ASX lifts; Santos falls as merger talks end
Woodside up after ceasing talks; Santos boss confident about future. CSR drops on UBS downgrade. Woolworths, Coles defend against price gouging claims. Ross McEwan decided in 2023 to leave NAB.
Activists exploit Indigenous for their own ends
Instances such as Santos’ Barossa gas project and the ‘white hands on black art’ exercise are just the tip of the iceberg.
Green challenges threaten $10bn in gas projects
Australia’s most powerful energy producers have lashed spurious legal claims and environmental hold-ups, warning $10bn in new gas projects are under threat.
Santos gives more time for PNG to complete LNG stake buy
Santos has said Kumul Holdings has paid enough money to increase its stake by 1.6 per cent, but did not reveal when the funds for the remaining equity will be paid.
Dutton hits out at ‘activist’ lawyers
Peter Dutton has vowed to strip the funding to a key environmental group that was involved in a bruising case against gas giant Santos.
Santos unlikely to get knockout Woodside offer
Investors are expecting a buyout proposal to be on the table for Santos from Woodside by the time the two groups report their results next month.
Court fight over planned burns in Victoria
Lawyers for Victoria’s Save our Strathbogie Forest say four planned burns in the state’s northwest could ‘cook’ or ‘kill’ part of a population of endangered marsupials.
PNG LNG project at risk: energy minister
A second LNG project in Papua New Guinea has been earmarked as transformative, but the country’s outgoing energy minister has warned political interference may stand in its way.
Santos reveals toll of green lawfare
Santos’ Barossa project will produce its first gas months later than scheduled, with the development set to cost $450m more than initially budgeted.
Miners boost mixed ASX; Domino’s tanks
Profit warning prompts Domino’s downgrades. Delays at Fortescue project. Sayona falls on lithium mine review. Incitec lifts on capital return. ACCC supermarket inquiry announced.
Woodside talks up LNG appeal in Santos deal
Woodside is pushing to capture demand for LNG amid a transition away from coal, and talks with Santos over a merger meet the ambition.
UWA scientist’s record of corrections
Oil and gas giant Woodside Energy also says it will not be carrying out any review of the work done for it on the Scarborough LNG project by Dr Mick O’Leary.
Original URL: https://www.theaustralian.com.au/topics/santos/page/3