Adelaide's independent news



Get InDaily in your inbox. Daily. The best local news sent straight to your inbox every workday at lunchtime.

Thanks for signing up to the InDaily newsletter.


New takeover bid for Santos

Santos says it is in shareholders’ interests for it to “engage further” with a renewed bid by a US private equity firm to take over the South Australian-based oil and gas giant.


Santos cuts its losses

Adelaide headquartered oil and gas producer Santos has reported a full-year loss of $US360 million ($A456.8 million) due to impairments on its Gladstone LNG project in Queensland and other assets recorded in the first half of 2017.