Carnarvon Energy has once again voiced its disappointment at joint venture partner Santos over the stalled Dorado oil project off WA but remains confident the project will one day be built.
A Supreme Court of WA Justice has described an almost-decade long row between Apache and Santos, about a $3 billion oil and gas deal, as being far from ready for trial.
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.
Bulls N' Bears ASX Runner of the Week is… Stakk Limited, after it inked a blockbuster Robinhood deal to power its banking push with embedded finance tech. Carnegie Clean Energy's wave power whiz caught some US OTC buzz without a whisper of news, Lord Resources' copper visuals at Ilgarari sparked a drilling frenzy in WA, and Kula Gold's visible gold hits at Mt Palmer lit up the Southern Cross goldfields amid small-cap fireworks and resource blues.
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.
LNG producer Santos has extended the due diligence window for a consortium led by Abu Dhabi National Oil Company, ahead of a proposed $36 billion takeover.
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.
Santos has sued US-based Apache Finance, claiming the latter should have indemnified the oil and gas company more than $130 million in taxes and penalty payments.
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.
Oil and gas company Santos has awarded Sodexo a five-year contract to service its operations across the country, including on Varanus Island off the Pilbara coast.
Santos has again deferred a final investment decision at the Dorado joint venture project off the Western Australian coast, with no timeline given for a revised investment decision.
Premier Roger Cook has backed industry to meet its social obligations, while weaving around questions on the adequacy of a $10,000 fine handed down to Santos over a 2022 oil spill.
Oil and gas heavyweight Santos has been fined $10,000 after pleading guilty over the petroleum spill at its Varanus Island gas plant off the Pilbara coast.
The not-for-profit group that has led legal challenges to resource projects has suffered a crushing blow after it was ordered to pay $9 million in legal costs to Santos.
WA's energy regulator has commenced legal proceedings against industry heavyweight Santos over the petroleum spill at its Varanus Island gas plant off the Pilbara coast.
A hearing over Santos's net zero emissions claims has started in the Federal Court, after a national advocacy organisation accused the oil and gas company of greenwashing.
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.
The unions representing maritime workers have criticised WorkSafe for not prosecuting the oil and gas companies involved in a “potentially deadly incident” in 2021.
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.
Taxpayers need an assurance of no misuse of funds by Australia's peak environmental litigation group, the coalition says, as details of an investigation remain classified.
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.
Mark Beyer and Mark Pownall discuss the federal budget's mining support, Santos and Quintis job cuts, live sheep exports, property development approvals, NWQ Capital Management, and Clough's journey under Peter Bennett.
Oil and gas play Santos has revealed it will chop 200 mostly-Perth based jobs, as part of a cost-cutting measure undertaken in response to slow project approvals.
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.
Carnarvon Energy's new chief executive Philip Huizenga will take a salary 20 per cent lower than his predecessor in the role, as the company rebuilds from a board overhaul last year.
Empire Energy will pay down its US debt to Macquarie and put a bit over A$3m in the tin to chase gas in the Northern Territory's Beetaloo basin after offloading its US oil and gas assets for about A$14 million. The company is poised to take on the Australian east coast gas supply dilemma with its Beetaloo ground modelled to generate a project net present value for phase two of $2.5 billion and $14.5 billion for phase three.
Australian oil and gas plays Woodside Energy and Santos must act swiftly as the global market for LNG declines, according to a report from the Institute for Energy Economics and Financial Analysis.
A planning dispute at Onslow has illustrated one of the many issues facing the oil and gas sector as it proceeds with a huge decommissioning challenge.
Oil and gas company Santos will have to deal with a native title claim over its $3.5 billion Narrabri project area, after the Federal Court allowed the Gomeroi people's appeal.
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.
