News Articles for Santos

Equus eyes Woodside, Santos tap

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Equus Energy has singled out assets run by Woodside Energy and Santos as keys to unlocking its namesake gasfield off the WA coast.

Santos shifts $3b Dorado tune amid oil shock

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The oil crisis has improved the prospects of Santos' long-delayed Dorado oil project off the WA coast, according to management at the Adelaide-headquartered producer.

Billions at stake in LNG tax debate

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Chevron, Shell and BP have warned new taxes will discourage investment in Australia, ahead of a senate committee into Australia's gas tax regime.

North West major projects list tops $300b

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Nearly $10 billion worth of new projects have been added to the North West's impressive list totalling more than $300 billion.

Santos, Beach back Basin upgrade

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Santos will spend $357 million upgrading its Cooper Basin infrastructure, targeting lower production costs from a single, electric-driven facility.

Activists’ actions have broad effect

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OPINION: On a range of issues, small numbers of people have a big impact on the rest of us.

Santos flips veil as big damages claim revealed

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Santos has backflipped on its three-month campaign to censor a Supreme Court judgment about its secrecy-bound legal battle with former Telfer miner Newcrest.

Santos cleared of greenwashing

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Resources giant Santos has beaten a greenwashing lawsuit against its net-zero goals after telling a court it made targets not promises to slash emissions.

Santos’ secrecy claims challenged

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The Supreme Court has been asked to reveal details of a secrecy-stricken legal battle between Santos and Newcrest over a gas contract for the Telfer mining operation.

Santos ships LNG from Barossa

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LNG tanker Kool Blizzard has taken the first LNG shipment from Santos' $6.1 billion Barossa project in the Northern Territory, a month after deadline.

Global Woodside an O'Neill legacy

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The morning deluge of corporate news into this journalist’s inbox very rarely delivers news on the scale of Woodside Energy’s this morning. At just after 6am, the Perth-headquar

Secrecy prevails in Newcrest, Santos gas fight

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The WA Supreme Court has imposed a new secrecy regime on a legal battle between gold miner Newcrest Mining and energy giant Santos.

Dorado ‘will be developed’: Carnarvon

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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.

Apache, Santos not trial-ready, court says

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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.

Santos revises 2025 production guidance

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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.

ASX Runners of the Week: Stakk, Carnegie, Lord Resources & Kula Gold

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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.

$30bn Santos deal delayed again

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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.

Santos extends $30bn due diligence window

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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.

Santos WA production rises as asset retired

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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.

Abu Dhabi oil firm $29bn Santos bid

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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 CEO vows to stay

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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 delay prompts $125m cash splash

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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, Apache in $133m tax dispute

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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.

Headwinds hinder investment pathway

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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.

Sodexo books Santos contract

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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 profit, WA output falls

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Production from Santos' Western Australian assets sunk to its lowest level since 2018 last year, as the company prioritised other jurisdictions.

Santos starts production at Halyard 2

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Gas producer Santos has started first production at its offshore Halyard 2 infill well, off the coast of Western Australia.

Santos defers Dorado again

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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.

Cook backs gas after spill saga

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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.

Santos fined over oil spill

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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.

EDO to pay $9m legal costs

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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.

Santos sued over oil spill

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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.

Santos in court over greenwashing claims

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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.

Appointments September 13, 2024

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Our weekly appointments wrap includes Hayley Vale, Murray Fong, Sherry Duhe, Carl Askew, Sharon Wood-Kenney and Anthony Miller.

Santos taps Duhe for CFO

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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.

Santos non-committal on WA future

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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.

Unions call for WorkSafe overhaul

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The unions representing maritime workers have criticised WorkSafe for not prosecuting the oil and gas companies involved in a “potentially deadly incident” in 2021.

Aramco denies Santos move

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Saudi Aramco has put a line through recent speculation that it may be weighing up a move for Australian oil and gas producer Santos.

Santos silent on Middle East interest

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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.

Climate defenders under scrutiny after Santos debacle

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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.