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
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.
Santos Barossa project gets drilling go-ahead
Energy giant Woodside’s $80bn merger target, Santos has notched a key regulatory win for its $5.8bn Timor Sea project, but court battles are already threatening production timelines.
ASX down; Adbri, Link, Tabcorp rocket
ASX 200 closes slightly down. Barro, CRH lob $2.1bn Adbri deal. Link backs $1.1bn offer. Carnarvon CEO steps down. Pacific Smiles says $223m Genesis move ‘opportunistically timed’. Tabcorp wins Vic licence.
Woodside needs to pay $28bn-$29bn for Santos: analysts
Santos and Woodside bankers are getting down to business on a possible merger as analysts try to work out what it all could be worth.
Santos reveals numerous Woodside approaches
Santos boss Kevin Gallagher has revealed that Woodside Energy has tried to kick off merger talks a number of times over the past year or so.
PNG the jewel in Woodside-Santos merger
Papua New Guinea’s national petroleum company says greater access to the country’s vast oil and gas reserves makes a potential merger with Santos attractive for Woodside Energy.
Santos CEO keen on Woodside merger since May: sources
The talk in the market is that Kevin Gallagher has been thinking about an $80bn-plus merger with Woodside for months, not weeks.
ASX 200 ends flat amid mining losses; Pact soars
Santos, Woodside gain amid merger talks. Pact accepts billionaire’s higher bid. Sigma-Chemist Warehouse union to create $8.8bn powerhouse. Costa Group flags earnings fall.
Big banks line up for Santos-Woodside merger talks
Morgan Stanley and Goldman Sachs are eyeing big paydays with roles in the mooted $80bn merger between Santos and Woodside Energy.
Santos shuffles management as Woodside talks begin
A reshuffle returning one of Kevin Gallagher’s most trusted advisers to an executive role suggests the Santos boss wants no doubt over who is running merger talks with Woodside.
Activists slam banks over Santos support
ANZ and Westpac may face shareholder ire at their AGMs after Market Forces pointed the finger at the banks for their continued support of gas projects through bond programs.
Original URL: https://www.theaustralian.com.au/topics/santos/page/4