Australia and Santos are uniquely placed to offer reliable, zero-emissions energy products to Asian and domestic markets.

Santos, along with Australia's other east coast LNG projects Australia Pacific LNG and Queensland Curtis LNG, have come under pressure from the federal government in recent years to ensure domestic supply amid concerns of shortages since the development of the export projects.

Third quarter production of 25.1 mmboe was a record for Santos and 22% higher than the prior quarter

The Federal Government’s announcement today to invest $1.9 billion to reduce carbon emissions paves the way for large-scale carbon capture and storage (CCS)

Santos reported first half free cash flow of US$431 million and underlying profit of US$212 million

Quarterly sales revenue of US$785 million was 11% lower than the prior quarter primarily due to lower liquids prices partially offset by higher domestic gas and LNG sales revenues

Santos today is pleased to announce it has completed the acquisition of ConocoPhillips’ northern Australia and Timor-Leste assets for a reduced purchase price of US$1.265 billion plus an increased contingent payment of US$200 million subject to a final investment decision (FID) on Barossa.

Australia's Santos 2020 First Quarter Activities Report

Australian independent oil and gas producer Santos has signed a letter of intent (LoI) to sell a 12.5% stake in the Barossa gas field in northern Australia to JERA, the joint venture between Japanese power utilities TEPCO and Chubu Electric.

Santos notes the announcement from S&P Global Ratings (S&P) reaffirming Santos’ BBB- credit rating with stable outlook.