‘Plenty more riches in the Cooper Basin’: Santos
South Australia’s Cooper Basin can deliver another 50 years-plus of resource riches in the form of natural gas, hydrogen and synthetic methane, Santos boss Kevin Gallagher says.
South Australia’s Cooper Basin can deliver another 50 years-plus of resource riches in the form of natural gas, hydrogen and synthetic methane, Santos boss Kevin Gallagher says.
Lawyers for resources giant Santos say its planned $5.3bn pipeline through the Timor Sea cannot affect an Indigenous spiritual belief and has accused activists of scheming.
Isabel dos Santos, the daughter of former Angolan president Jose Eduardo dos Santos, has lost her fight against a bid to freeze $1bn of her assets.
Santos’ planned $5.3bn Barossa gas development in the Timor Sea is putting the culture of the traditional owners of the Tiwi Islands at risk, the Federal Court has been told.
The Australian surveyed the nation’s top CEOs about inflation, energy and opportunities ahead in 2024. From Safety Culture, Santos and Zip Co. These are their full responses.
A late frenzy shows the mood is rapidly changing after what has been a pretty ordinary year for mergers and acquisitions.
As Woodside and Santos mull a $80bn mega oil and gas mega merger, a Santos joint venture partner – Carnarvon Energy – has suffered a boardroom putsch.
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 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.
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 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.
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.
The talk in the market is that Kevin Gallagher has been thinking about an $80bn-plus merger with Woodside for months, not weeks.
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.
Morgan Stanley and Goldman Sachs are eyeing big paydays with roles in the mooted $80bn merger between Santos and Woodside Energy.
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.
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.
Does a merger between Woodside and Santos add up to a better company, or just a bigger one? Nick Evans works through the possibilities.
The longest serving premier of South Australia, Thomas Playford, would sit and watch the gas flare at Santos’s first well, envisaging the opportunities it would create for the state.
Energy giant Santos has struggled to bolster its share price amid rising shareholder frustration, which led to quiet review and subsequent talks on a possible $80bn merger.
Investors pile into Santos amid $80bn merger talks; Woodside dips. ANZ’s $900,000 penalty for disclosure failure. Sigma suspends trading amid Chemist Warehouse talks. Chalmers-RBA deal may bring rate hikes.
Woodside holds all the cards as the oil and gas sector prepares itself for the looming energy shift.
If Santos were to merge with Woodside, in all likelihood the head office would be lost to the state. That would be a disaster.
Australia’s two biggest energy companies are in talks on a blockbuster merger that would create a global oil and gas giant.
Santos has confirmed it is in early stage merger talks with the much larger, Perth-based oil and gas giant Woodside Energy.
By far the most amusing of claims made by George Santos, the grandiose con-artist who made his way to the Capitol, was his association with a Spider-Man musical disaster.
Songlines and sacred burial sites are at risk if Santos starts laying undersea pipes at the Tiwi Islands for its $5.3bn Barossa gas project, the Federal Court has heard.
Scandal-plagued George Santos lied his way into Congress and has been indicted for bankrolling his lavish lifestyle with stolen donor cash.
Santos and Woodside Energy are trading below their North American peers so they could be attractive to a potential buyout – or perhaps even a merger.
Origin shares rise, has ‘significant reservations’ over proposal. AMP up on $100m class action settlement. Nick Scali CEO’s $50m selldown. First strikes for AV Jennings, Johns Lyng.
Original URL: https://www.theaustralian.com.au/topics/santos/page/7