Santos Stock News
A$8.56
0.12%
Australia, Sep 25, 04:14 pm AEST.
Closed.
Santos Stock News
Australia's Santos said on Tuesday it had signed a liquefied natural gas (LNG) supply agreement with POSCO Steel and a purchase agreement with Western LNG.
Australia's Santos said on Monday it had acquired an additional 3.3% stake in the Papua LNG project from France's TotalEnergies for $189 million, increasing its total interest in the venture to 21%.
Australian oil and gas producer Santos reported a smaller-than-expected drop in its first-half profit and forecast higher production in the second half as its Barossa and Pikka projects ramp up.
Energy major Santos on Thursday reported a 5% rise in its second-quarter revenue, supported by higher sales volumes from its LNG project in Papua New Guinea and stronger realised crude and condensate prices.
Australian energy producer Santos executed a previously announced deal with the South Australian government to supply 200 petajoules of gas over 10 years from 2030, the company said on Monday.
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