Santos Ltd
Santos Limited is an Australia-based global energy company with operations across Australia, Papua New Guinea (PNG), Timor-Leste and the United States of America (USA).
The business
Santos Limited is an Australia-based global energy company with operations across Australia, Papua New Guinea (PNG), Timor-Leste and the United States of America (USA). The Company is a domestic gas supplier and liquefied natural gas (LNG) supplier in Asia. The Company has a portfolio of LNG plants adjacent to prolific gas resources and diverse integrated oil and gas production assets which include Cooper and Eromanga Basins, Gladstone GLNG (GLNG), PNG LNG and Western Australia. The Cooper Basin produces natural gas, gas liquids and crude oil. Gas is sold primarily to domestic retailers, industry and for the production of liquefied natural gas, while gas liquids and crude oil are sold in domestic and export markets. The GLNG project in Queensland produces LNG for export to global markets from the LNG plant at Gladstone. Its midstream and energy solutions activities are operating midstream assets, progressing technologies, such as carbon capture and storage (CCS) and others.
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Latest news

Santos Focused on Future Growth After Abu Dhabi Consortium Withdraws $31b Takeover Bid
For the second time in 18 months, a potential suitor has walked away from a proposed takeover of leading Australian oil and gas company Santos (ASX: STO). XRG – the foreign investment arm of the Abu Dhabi National Oil Company (ADNOC) and its bidding partners – announced overnight the withdrawl of their $31 billion offer […]

Regulatory roadblocks threaten to derail ADNOC’s proposed $30b takeover of Santos
Industry experts are already suggesting that the $30 billion takeover bid for Santos (ASX: STO) by global oil and gas giant the Abu Dhabi National Oil Company (ADNOC) is looking less likely to succeed. While the Santos board has indicated it is willing to back the move, there is a growing feeling that the foreign […]

Santos board indicatively backs proposed $30b takeover bid from Abu Dhabi oil giant ADNOC
The board of Santos (ASX: STO) has indicated its willingness to back a $30 billion takeover bid by global oil and gas giant the Abu Dhabi National Oil Company (ADNOC). The non-binding bid is led by the XRG Consortium – the international investment arm of the Abu Dhabi business – that includes the Abu Dhabi […]

Drilling success at Queensland’s Taroom Trough could undercut gas reservation debate
While federal opposition leader Peter Dutton’s plan to enforce a gas reservation policy on the east coast of Australia is creating major angst within the nation’s energy industry, recent drilling success in central Queensland could make it a moot point in the long term. Global energy major Shell, leading Australian gas supplier Santos (ASX: STO) and […]
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