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18.06.25 - 11:21
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Abu Dhabi Makes Major Push Into LNG With $19 Billion Santos Takeover (ZeroHedge)
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Abu Dhabi Makes Major Push Into LNG With $19 Billion Santos Takeover
Abu Dhabi is making its biggest energy play yet, as it seeks to become a major global force in liquefied natural gas (LNG). Its state oil company, ADNOC, through its investment arm XRG PJSC, has led a $19 billion takeover offer for Australia's Santos Ltd., a move that would give it direct access to LNG production and exports into booming Asian markets, according to Bloomberg.
“Abu Dhabi is long oil, but is seeking to be a more material player in LNG markets,” said Bernstein analysts led by Neil Beveridge. “The acquisition of Santos would help enable Adnoc to become a bigger LNG player in key growth markets in Asia.”
Santos' LNG capacity is expected to hit 7.5 million tons annually once Australia's Barossa project begins later this year. Combined with ADNOC's existing 6 million tons of domestic LNG capacity and a planned 9.6 million-ton terminal, the deal would position Abu Dhabi as a competitive mid-tier global LN...
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17.06.25 - 07:02
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Regulatory roadblocks threaten to derail ADNOC′s proposed $30b takeover of Santos (Small Caps)
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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 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 […]
The post Regulatory roadblocks threaten to derail ADNOC's proposed $30b takeover of Santos appeared first on Small Caps....
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16.06.25 - 05:49
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Santos board indicatively backs proposed $30b takeover bid from Abu Dhabi oil giant ADNOC (Small Caps)
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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 […]
The post Santos board indicatively backs proposed $30b takeover bid from Abu Dhabi oil giant ADNOC appeared first on Small Caps....
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24.04.25 - 22:03
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APA Corporation and Partners Lagniappe Alaska and Santos Announce Successful Flow Test in Alaska′s North Slope at Sockeye-2 Exploration Well (GlobeNewswire EN)
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HOUSTON, April 24, 2025 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) and its partners Lagniappe Alaska, LLC, an Armstrong company, and Oil Search (Alaska), LLC, a subsidiary of Santos Limited, today announced the results of the successful flow testing of the Sockeye-2 exploratory well. Apache holds a 50% working interest, operator Lagniappe and partner Santos each hold 25% working interests in the 325,411-acre exploratory block located on state lands of the eastern North Slope....
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02.04.25 - 07:01
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Drilling success at Queensland′s Taroom Trough could undercut gas reservation debate (Small Caps)
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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 […]
The post Drilling success at Queensland's Taroom Trough could undercut gas reservation debate appeared first on Small Caps....
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17.03.25 - 21:18
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APA Corporation and Partners Lagniappe Alaska and Oil Search Announce Significant Oil Discovery in Alaska′s North Slope at Sockeye-2 Exploration Well; Partners Proceeding with Further Evaluation and Testing (GlobeNewswire EN)
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HOUSTON, March 17, 2025 (GLOBE NEWSWIRE) -- APA Corporation (NYSE, Nasdaq: APA) and its partners Lagniappe Alaska, LLC, an Armstong company, and Oil Search (Alaska), LLC, a subsidiary of Santos Limited, today announced preliminary results of the Sockeye-2 exploratory well. Apache holds a 50% working interest, operator Lagniappe and partner Santos each hold 25%....
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21.02.25 - 00:51
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XFRA : DIVIDEND/INTEREST INFORMATION - 24.02.2025 - AU000000STO6 (XETRA)
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Das Instrument STS1 AU000000STO6 SANTOS LTD EQUITY wird cum Dividende/Zinsen gehandelt am 21.02.2025 und ex Dividende/Zinsen am 24.02.2025
The instrument STS1 AU000000STO6 SANTOS LTD EQUITY has its pre-dividend/interest day on 21.02.2025 and its ex-dividend/interest day on 24.02.2025...
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23.01.25 - 04:01
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Tamboran Resources-Santos partnership eyes Beetaloo Basin for Darwin LNG expansion (Small Caps)
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Australian junior Tamboran Resources (ASX: TBN) and energy major Santos (ASX: STO) are joining forces to investigate the potential of adding the world-class gas assets of the Beetaloo Basin to a possible Darwin LNG (DLNG) Train 2 expansion. The companies have signed a non-binding memorandum of understanding to undertake technical studies on the jointly-owned (Santos […]
The post Tamboran Resources-Santos partnership eyes Beetaloo Basin for Darwin LNG expansion appeared first on Small Caps....
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18.07.24 - 04:13
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Santos Q2 Production Down (AFX)
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CANBERA (dpa-AFX) - Oil and gas producer Santos Ltd. (STOSF.PK, SSLTY.PK, STO.AX) reported that its second quarter production declined to 22.2 million barrels of oil equivalent or mmboe from 22.8 ......
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04.07.24 - 06:49
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Middle Eastern giants Saudi Aramco and ADNOC eye Santos for takeover bid (Small Caps)
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Leading Australian oil and gas producer Santos (ASX: STO) is once again rumoured to be in the crosshairs as a potential takeover target. It seems that every year, the Australian energy company's suite of oil and gas assets are rumoured to be on someone's shopping list. This time it is giant Middle Eastern petroleum producers […]
The post Middle Eastern giants Saudi Aramco and ADNOC eye Santos for takeover bid appeared first on Small Caps....
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