Santos CEOKevin Gallagher is seen during the Santos Annual General Meeting at the Adelaide Convention Centre in May. Photo: AAP / David Mariuz

Business

ACCC approves Santos' $2.9 billion Quadrant acquisition

Australia’s competition watchdog has signed off Santos’ $2.9 billion acquisition of major WA oil and gas producer, Quadrant Energy.

Business

Santos tops 2016 full-year guidance

Adelaide-based oil and gas producer Santos has topped its guidance for 2016 with a 7 per cent rise in production and a 31 per cent jump in sales, boosted by the ramp-up of its Gladstone liquefied natural gas (GLNG) plant in Queensland.

Business

Santos records $1.4bn first-half loss

Santos has slumped to a $1.4 billion first-half loss but CEO Kevin Gallagher says he is confident the Adelaide energy giant is taking the right steps to become a “strong and sustainable” business.

Business

Santos flags $2bn hit on Queensland gas project

Adelaide energy giant Santos will take an impairment charge of $US1.5 billion ($2.0 billion) against the carrying value of its Gladstone liquefied natural gas project in Queensland.

Business

Chinese group to become biggest Santos shareholder

One of the largest private natural gas companies in China, the ENN Group, is to buy Hony Capital’s 11.7 per cent stake and become the biggest single shareholder in Adelaide oil and gas producer Santos.