Australia Sets Up Commission to Investigate 10-Week Oil Spill in Timor Sea Nov 5, 2009
The spill was an extremely rare event, , chief executive officer of Santos Ltd., Australias third-largest oil and gas producer, told reporters in Sydney today. While its highly regrettable, the industry has the capability and the wherewithal to address the issues and operate safely in the future. (Bloomberg -- Australia & New Zealand)
Advent Energy Planning to Begin Drilling for Natural Gas Offshore Sydney Nov 2, 2009
Advent Energy, a subsidiary of that may be listed, and partner and operator Bounty Oil & Gas NL, acquired license PEP11 after Santos Ltd., Australias third- largest oil and gas producer, gave up its claim. Santos gave this up when coal was king, Breeze said in an interview. (Bloomberg -- Australia & New Zealand)
PNG approves Oil Search's environment study Oct 28, 2009
PNG green light for Oil Search LNG Environmental Impact Statement. October 28, 2009 - 1:13PM. (Sydney Morning Herald -- Business)
Oil Search Seeks $822 Million After Scrapping Abu Dhabi Project Stake Sale Oct 19, 2009
5 percent of the venture, Oil Search 34 percent, Adelaide-based Santos Ltd. 17. 7 percent and Tokyo-based Nippon Oil Corp. 5. (Bloomberg -- Australia & New Zealand)
Nexus Shares Rise to Four-Month High as Output From Gas Field Set to Start Oct 16, 2009
Nexus said it had coordinated the startup of Longtom with Santos Ltd., Australias third-biggest oil and gas producer and the company that will process the fields gas. Construction was interrupted in July by a contract dispute over a diving support vessel. (Bloomberg -- Australia & New Zealand)
Santos half year profit plunges Aug 20, 2009
August 20, 2009 - 6:49PM. Santos Ltd has maintained its production guidance for calendar 2009 after attributing a sharp drop in first half earnings to largely weaker energy prices. (Sydney Morning Herald -- Opinion)
Exxon-led PNG Project's $600 Million Works Program Is `Vote of Confidence' Jul 21, 2009
and its partners, which include Santos Ltd. are on track to decide on the $12. 5 billion project by the end of this year, Oil Search said. (Bloomberg -- Australia & New Zealand)
Oil Search Shares Undervalued on Papua New Guinea Project, Bernstein Says Jul 8, 2009
Exxon and its partners, which also include Santos Ltd., may give the go-ahead to build the project later this year, the U.S. company said in June. Binding sales contracts totaling 6. (Bloomberg -- Australia & New Zealand)
Canada Stocks Fall as U.S. Job Cuts Increase; Suncor Energy, Gerdau Slip Jul 3, 2009
surged 47 percent to 66 Canadian cents after the natural gas producer said it agreed to sell oil exploration licenses in New South Wales, Australia, and a 35 percent interest in the Wilga Park Power Station to affiliates of Santos Ltd. (STO AU) for proceeds of about $175 million. To contact the reporters on this story: in New York at. (Bloomberg -- Canada)
Santos buys stake in Eastern Star Jul 2, 2009
July 2, 2009 - 7:19PM. Santos Ltd has taken a large stake in New South Wales-based coal seam gas (CSG) explorer Eastern Star Gas Ltd.. (Sydney Morning Herald -- Business)
Oil Search May Sell Shares, Stake to Fund PNG LNG Project Costs, RBS Says Jun 23, 2009
and its partners, which include Santos Ltd., may give the go-ahead to build the $12. 5 billion project later this year, the venture operator said yesterday. (Bloomberg -- Australia & New Zealand)
Petronas to buy LNG from Australia Jun 19, 2009
Web search enhanced by. Friday June 19, 2009. (The Star Online, Malaysia -- Business)
Australia, New Zealand Stocks: Fortescue, Goodman, Infratil, Woodside Jun 5, 2009
Santos Ltd. (STO AU), Australias third-largest oil and gas producer, rose 3. 7 percent to A$15. (Bloomberg -- Australia & New Zealand)
Santos in Gladstone LNG sales talks Jun 4, 2009
June 4, 2009 - 6:59PM. Santos Ltd says it is in talks with an Asian customer for the purchase of liquefied natural gas (LNG) from its project at Gladstone, Queensland. (Sydney Morning Herald -- Business)
Woodside Says Australia's Carbon Trading Plan May Constrain Exports of LNG Jun 2, 2009
Natural gas can reduce Australias output of carbon and shouldnt be penalized when the country introduces a system placing a cost on emissions blamed for climate change, Santos Ltd. Chief Executive said yesterday. Impost on LNG. (Bloomberg -- Australia & New Zealand)
Global Gas Demand Supports Proposed Australian LNG Projects, Conoco Says Jun 1, 2009
and Santos Ltd. are among companies with stakes in rival ventures aiming to turn gas extracted from coal seams in Queensland into LNG. Australias coal-seam gas industry attracted about $22 billion in investment last year. Lull in Demand. (Bloomberg -- Australia & New Zealand)
'Significant' step for Apache project May 22, 2009
Significant' step for Apache project. Significant' step for Apache project. (Sydney Morning Herald -- Business)
Apache gas project gets environment nod May 21, 2009
May 21, 2009 - 8:09PM. Apache Energy Ltd's $850 million Devil Creek natural gas project near Dampier in Western Australia has been given a key environmental approval but is subject to stringent conditions. (Sydney Morning Herald -- Business)
Australia, New Zealand Stocks: BHP, NAB, News Corp., Rio Tinto, Woodside May 7, 2009
Santos Ltd. (STO AU) rose 5. 2 percent, the most since Dec. 11, to A$17. (Bloomberg -- Australia & New Zealand)
Origin, Conoco May Have to Delay Australian LNG Venture, Citigroup Says Apr 17, 2009
Santos Ltd. and Malaysias Petroliam Nasional Bhd. are among partners in rival LNG ventures in Queensland. (Bloomberg -- Australia & New Zealand)
Origin, Conoco May Invest $25 Billion in Australian LNG Venture by 2020 Apr 8, 2009
and Santos Ltd. are among other companies planning Queensland LNG plants aimed at meeting a forecast jump in Asian demand for cleaner-burning fuel. The proposals are being developed as mining companies including , Rio Tinto Group and Anglo American Plc cut mining jobs in the state because of a drop in demand and prices for commodities. (Bloomberg -- Australia & New Zealand)
Australia Stocks: Bendigo, Fortescue, Goodman, Mt. Gibson, Newcrest Mining Apr 6, 2009
The company said it agreed to buy the rest of the Churchie gas field in Queensland from Santos Ltd., boosting earnings and reserves. (MGX AU), an Australian producer of iron ore, surged 14 percent to 69 cents, the highest since Oct. 14. (Bloomberg -- Australia & New Zealand)
Apache Names Bedingfield as Head of Unit in Australia to Replace Tim Wall Apr 3, 2009
It is also developing the Pyrenees venture with , due to start production in early 2010, and the Reindeer gas project with Santos Ltd.. Bedingfield joined Apache in Houston in 1998 as senior staff geophysicist and spent six years in Cairo as geophysical manager and later was promoted to exploration manager, according to the statement. (Bloomberg -- Australia & New Zealand)
Australian Coal-Seam Gas Output Jumps 39% on Queensland Fields, Group Says Mar 20, 2009
Santos Ltd. and Arrow Energy Ltd. were among Australian coal-seam gas producers that boosted output last year to meet rising demand from power generators. BG Group Plc, Malaysias. (Bloomberg -- Australia & New Zealand)
Australia Stocks: Asciano, Avexa, Kagara, Virgin Blue, Woodside Petroleum Mar 16, 2009
Santos Ltd. (STO AU) fell 6. 8 percent to A$14. (Bloomberg -- Australia & New Zealand)
BHP's Profit Estimate, Target Price Are Cut by Citigroup on Oil Price Drop Mar 12, 2009
and Santos Ltd., Australias second- and third-biggest oil and gas producers, also had their profit estimates cut by Citigroup in a separate March 11 report, as did Port Moresby-based , Papua New Guineas biggest petroleum producer. Perth-based Woodside, 34 percent-owned by , remains the preferred stock among larger exploration and production companies because of the liquefied natural gas plants it has in production and under construction, Citigroup said. (Bloomberg -- Australia & New Zealand)
Australian Stocks: Babcock & Brown Infrastructure, Newcrest, Westfield Mar 10, 2009
Santos Ltd. (STO AU) rose 4. 1 percent to A$16. (Bloomberg -- Australia & New Zealand)
Australia Stocks: BHP, Rio Tinto, Woodside, Babcock & Brown Infrastructure Mar 2, 2009
Santos Ltd. (STO AU) fell 3 percent to A$15. Financial stocks: U.S. stocks led the Standard & Poors 500 Index to a 12-year low on Feb. 27, as the government cut shareholders stakes in Citigroup Inc. Shares in the bank plunged 39 percent after the Treasury agreed to convert as much as $25 billion of preferred shares into common stock in a third rescue attempt. (Bloomberg -- Australia & New Zealand)
* World News Quick Take Mar 1, 2009
Taipei Times - archives. Enter your search terms. (Taipei Times, Taiwan -- World Business)
Oil Search Joins Woodside, Santos in Cutting Spending to Focus on LNG Plan Feb 24, 2009
Oil Search follows Australias and Santos Ltd. in cutting spending to focus resources on LNG expansion. Theyre sending a signal to the market that they are going to be quite prudent around expenditure over the next year while theres quite a bit of uncertainty, and theyve got quite a big capex program in the pipeline, said , head of Australian research at Fat Prophets Funds Management in Sydney. (Bloomberg -- Australia & New Zealand)
Oil Search Profit Soars; Flags Cost, Output Cuts Feb 24, 2009
Oil Search's move to tighten its belt follows similar initiatives from rivals Woodside Petroleum Ltd. (WPL.AU) and Santos Ltd. (STO.AU), which are also working on capital-intensive gas export projects when demand is lower and credit is tight to take advantage of higher anticipated future demand. Mark Hume, energy analyst at Merrill Lynch, said Oil Search is taking positive steps to protect cash flows in 2009. (CNNMoney.com)
LNG Ltd. Sees Queensland Project Approval End-2009 After Golar Stake Sale Feb 23, 2009
LNG Ltd.s project at Gladstone port is due to start production in 2012, in advance of larger rival ventures planned in the area by companies including and Santos Ltd. The agreement with Golar should help ensure it will be the first of the ventures, which are all planning to convert coal-seam gas into LNG, to start production. The accord with Golar is a milestone event for the company today but there is a lot more to be done as we move forward to close the project out during 2009, Brand... (Bloomberg -- Australia & New Zealand)
Australian share market higher on strong profit data Feb 19, 2009
Welcome to Herald Sun. February 19, 2009 04:33pm. (Melbourne Herald Sun)
Stocks set to open week softer Feb 15, 2009
February 15, 2009 - 4:39PM. The Australian share market is expected to open lower on Monday after a one per cent fall on Wall Street on Friday following concerns about US Banks. (Sydney Morning Herald -- Business)
