Santos Limited (ASX: STO)
Company Information Santos Limited (ASX: STO) Santos Limited is focused on three regional business unit, including Cooper Basin, Queensland and New South Wales (NSW) and (PNG), now form the Eastern Australia and PNG Business Unit, Northern Australia and Timor-Leste, and Western Australia now form the Western Australia, Northern Australia and Timor-Leste Business Unit…
Is Santos Limited (ASX: STO) without Woodside a Buy?
In early December of 2023 Santos confirmed the merger negotiations in progress with Woodside Energy Group. Negotiations ended on 7 February with Woodside never putting forth a bid. Santos remains a player in the global LNG market with two assets with revenue generating potential. In addition to oil production, Santos has producing assets in coal…
Santos (ASX: STO) Transitioning to Cleaner Energy
Santos is expanding its LNG (liquefied natural gas) capabilities. The company has a JV with Beech Energy (ASX: BPT) to construct a major CCS (carbon capture storage) facility. Santo Energy Solutions is working on the development of cleaner fuels for the future. Like many of the world’s oil and gas producers, Santos is preparing for…
Santos secures licence for Dorado oil find
CANBERRA, AAP – A major new oil project off Western Australia is being hailed as an important step for the nation’s oil security. Federal Resources Minister Keith Pitt announced on Tuesday that Santos and its partner Carnarvon Energy now have a production licence covering the Dorado oil field, about 150km north of Port Hedland. Two…
Opportunity to replace Russian gas: Santos
CANBERRA, AAP – The nation’s biggest domestic gas supplier Santos is keen to reduce Europe’s dependency on Russia by selling more Australian LNG, a federal inquiry has been told. Santos also warned on Friday that if investment in oil and gas exploration stops in places like Australia, the world will rely on Russia and OPEC…
