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Santos announced A$2.4bn (pre-tax) in asset writedowns ahead of the release of 2014 financial results next week. Post-tax (A$1.6bn), this equates to roughly 15% of Santos' June book value and is ...
read more Sign up here. Santos' GLNG plant is seen as the most likely of the three east coast LNG plants to face export curbs as GLNG takes some gas from the domestic market to help meet its LNG ...
SYDNEY (MarketWatch) -- Australian energy producer Santos Ltd. said Thursday that it will sell a 15% interest in GLNG to French oil giant Total for A$650 million ($596.8 million). At the same time ...
The PNG LNG and GLNG projects represent 56 per cent of Santos’s net asset value, on Deutsche Bank’s estimates. Mr Seaton said the new production would, however, lift production costs in 2014 ...
(AAP) Santos shares have jumped after the oil and gas producer made its first shipment of liquefied natural gas (LNG) from the $18.5 billion GLNG project in Queensland. The LNG shipment is headed ...
Santos shares are in positive territory as the company starts production at its Gladstone liquefied natural gas (GLNG) project in Queensland Santos shares have gained ground after the oil and gas ...
Santos Ltd. reported Friday that after three and a half years of construction work, Santos GLNG has installed the final module on its two LNG (liquefied natural gas) processing trains, key ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Shares in Santos have recovered from early declines after the Australia-listed oil and gas producer ...
All three of the sprawling gas sites are being built by construction firm Bechtel. Santos GLNG Train 1 (foreground) and Train 2 (background).
The positive news on GLNG, provided at an investor briefing in Sydney, appeared to outweigh any disappointment over Santos’s softish outlook for 2014 production and a second downgrade in its ...
Santos entered the LNG space with the Santos GLNG project sanction in 2011, in partnership with Petronas (27.5%), Total (27.5%), and Kogas (15%). The first shipment of LNG was delivered in October ...
Santos chief executive officer Kevin Gallagher said the company was committed to working with indigenous communities to help deliver education, employment and training. "We are passionate about ...
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