Oil and gas producer Santos has revised its production guidance for 2025, primarily due to a technical issue at its Barossa gas project, located in the Timor Sea.
Santos has further extended the due diligence period for its proposed takeover by an Abu Dhabi-led consortium but insists the prospective buyer has not found any reason to withdraw its offer.
Gas producer Santos increased its Western Australian domestic gas production in the second quarter of this year, while ending production at its Ningaloo Vision vessel off the state's coast.
A consortium led by a subsidiary of Abu Dhabi National Oil Company has lobbed a $29 billion takeover bid for gas producer Santos, confirming long-rumoured interest in the company.
Santos chief executive Kevin Gallagher has declared he has no plans to leave the job anytime soon, while calling for sensible policy in the energy transition.
Dorado oil project minority owner Carnarvon Energy plans to hand cash back to shareholders, after the project's majority owner Santos deferred a final investment decision over the field.
Some of Australia's largest gas producers have warned they may invest elsewhere in light of ongoing delays in project approvals and social licence challenges.
Business executives Kevin Gallagher and Neil Siford have had a small win in the Supreme Court in a costs ruling related to their long-running dispute with Forge Group.
Santos has hired former Woodside executive Sherry Duhe as its new chief financial officer, marking the experienced executive's return to the oil and gas sector.
LNG producer Santos extended the life of its Reindeer gas field into the second half of 2024, but the future of its WA portfolio remains clouded in the longer term.
Speculation around a Middle Eastern takeover of Australian oil and gas play Santos led the company's share price higher in ASX trade today, despite doubt over whether a move will be made.
Santos boss Kevin Gallagher wants government to let the free market drive decarbonisation, claiming an agenda against fossil fuels will not facilitate an effective transition.
Carnarvon Energy hopes a final investment decision will be made on the Dorado oil project by the end of 2024, as the Santos-led joint venture explores cost reduction at the field.
Oil and gas producer Santos recorded a 42 per cent fall in underlying profit in 2023 off a 24 per cent reduction in sales revenue, reflecting lower received prices and less production volume.
Santos and its joint venture partners will invest millions of dollars in Aboriginal communities, in the aftermath of the legal action involving its $U4.7 billion Barossa project.
Mark Beyer and Mark Pownall discuss the battery metals shake out; Santos legal delay impacts; high energy prices; HBF cost cut; McCusker charity news, and a magazine preview.
LNG producer Santos has put a cost on the delays caused by court action against its Barossa project, flagging a capital expenditure blowout as high as $450 million.
Santos has received regulatory drilling approval for its contentious Barossa natural gas project in the Timor Sea, despite ongoing challenges in the Federal Court.
Santos boss Kevin Gallagher says the company is “no orphan” in the regulatory challenges it faces at its stalled Barossa project, while suggesting delays may impact future investment decisions.
Santos chief executive Kevin Gallagher has called for a better regulatory system after the Federal Court extended an injunction on the company's $US4.7 billion Barossa project.
The partners behind the Papua liquified natural gas plant have begun fully integrated front-end engineering and design work, taking the project closer to completion.
As criticism of the government's energy market intervention settles, Madeleine King is focused on pushing Australian resources to the fore of the global energy transition.
Production has resumed from Santos' John Brookes offshore platform in the Carnarvon Basin after a gas leak took the operation offline for more than two months.
A major new oil project off Western Australia is a significant step for fuel security at a time of intense international volatility, the government says.
Santos and its junior exploration partner Carnarvon Energy have struck a discovery believed to host 43 million barrels of oil east of Western Australia's Dorado field.
Our board moves wrap includes Tom Peregoodoff, Michael Meintjes, Ryan Welker, Kevin Gallagher, Alexandra Andrews, Benjamin Donovan, Mark Okeby, Jim Simpson, Rob Tyson, Simon Hadfield, and Rick Deurloo.
Peter Wade has stepped down as Mineral Resources' non-executive chair after spending a decade in the role and 23 years overall with the WA iron ore play.
Santos has booked 100 million tonnes of carbon storage resource within South Australia's Cooper Basin while reporting a substantial increase in reserves on the back of its Oil Search merger.
Our board moves wrap includes Robert Hersov, Jardee Kininmonth, Brian Talbot, Justin Tremain, Greg Bandy, George Bauk, Rowan Johnston, Geoffrey Pigott, Kevin Gallagher, Dion Loney, Tim Slate, and Jason Peterson.
Confirmation of Santos and Beach Energy's $220 million carbon capture and storage project in South Australia has been followed by the swift departure of Beach's chief executive, Matt Kay.
