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Santos Limited, led by chief executive Kevin Gallagher, said on June 16 that it received a non-binding indicative proposal from a consortium led by XRG P.J.S.C., a subsidiary of Abu Dhabi National Oil ...
The proposed purchase of Santos by Abu Dhabi National Oil Company could be at odds with Australia’s energy security and economic interests.
Morgans has downgraded its rating on Santos, saying the oil giant's early endorsement of Adnoc's $30 billion takeover proposal is "surprising" and "highly unusual" in LNG mergers and acquisitions.
The boss of PNG’s national petroleum company says Abu Dhabi must commit to develop the $US18bn ($28bn) Papua LNG project should its blockbuster takeover for Santos proceed, ahead of a final investment ...
One of the biggest foreign takeovers in Australian history will force regulators and politicians to weigh who controls ...
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Industry experts are already suggesting that the $30 billion takeover bid for Santos (ASX: STO) by global oil and gas giant ...
What’s an oil producer to do when it sees its core product under threat from declining demand and a war-torn neighborhood?
Santos could see minted Middle East interests plow cash into Queensland gas scene, and that could be big for this junior.
The ASX shook off a rough start to edge higher by lunch as oil surged, Santos soared on a $30b takeover, gold closed in on a ...
Santos, an Australian oil and gas producer, has announced the receipt of a non-binding indicative proposal from a consortium ...
Santos said it intends to endorse to shareholders its potential acquisition by the ADNOC-led consortium, a year after ending ...