ASX Announcements
Yesterday
- Exclusive
- AGM season
Proxy advisers support Santos ahead of potential ‘second strike’
All four key proxy advisers have supported Santos’ board on pay and climate heading into an AGM where it faces a potential “second strike”.
- Angela Macdonald-Smith
This Month
- Exclusive
- Gas
PNG hatches $4.5b plan for new LNG train, gas fields
Kumul Petroleum boss Wapu Sonk says the PNG LNG and Papua LNG ventures, both of which involve Santos, are on board with the plan.
- Angela Macdonald-Smith
Proxy adviser backs Santos as Snowcap ups campaign
CGI Glass Lewis is supporting the Santos board against a potential second “strike” on executive pay and opposes a minority resolution on climate.
- Angela Macdonald-Smith
- Exclusive
- Governance
‘I’ve got nothing left to lose’: The fight against Oil Search
A former Oil Search executive who is suing the company for breach of contract says she’s speaking out about why she left the company because the legal process isn’t working.
- Jemima Whyte
Santos’ GLNG contests AEMO gas shortfall forecast
The Queensland venture has countered the market operator’s warning of a gas shortfall this winter, saying it hasn’t taken into account recent gas sale moves.
- Angela Macdonald-Smith
Santos investors unconvinced by Snowcap campaign
While investors are frustrated at the oil and gas producer’s ailing share price, they aren’t convinced by the argument that the growth strategy should be ditched.
- Angela Macdonald-Smith
- Exclusive
- Activist shareholders
‘Reckless’ Santos has ‘lost its way’, investor Snowcap says
The UK-based activist investor says reforms to oil and gas producer’s “reckless” growth strategy could increase value for shareholders by up to 50 per cent.
- Angela Macdonald-Smith
Major investor warns PM on changing gas rules
Malaysia’s national oil company has used a global stage to warn the government’s intervention in the east coast market is ruining investor confidence.
- Angela Macdonald-Smith
- Opinion
- Investing
How investors should position for reopening of China
Direct consumer plays, luxury cars and tourism are among the sectors set to benefit.
- Mark Draper
February
Protest vote on climate resolutions double global average
Nearly 25 per cent of shareholder votes were cast against Australian companies’ so-called say on climate resolutions, more than double the global average.
- Sally Patten
Santos CEO issues warning on gas rules as profit surges
Kevin Gallagher says the “reasonable pricing” rules for east coast gas are the biggest obstacle to investment in needed new gas supply.
- Updated
- Angela Macdonald-Smith and Colin Packham
Plibersek downplays Santos gas expansion as safeguard talks continue
Despite Greens anger over Labor approving a small expansion of Santos’ GLNG project in Queensland, safeguard mechanism talks continue.
- Jacob Greber
Santos in $470m write-downs as it wins WA project approval
The impairments came despite oil and gas reserves increasing to record levels.
- Angela Macdonald-Smith
Labor floats curbing LNG exports in sweeping proposal
The Albanese government says the power to decide volumes will safeguard domestic supply, but brokers warn it could break valuable long-term contracts.
- Angela Macdonald-Smith
Argo boss says big bank dividends safe even in a downturn
The managing director of the $7 billion investment group says CBA deserves its hero status and if conditions sour, ANZ, NAB and Westpac will still be OK.
- Simon Evans
- Opinion
- Canberra Observed
The only thing new about Jim Chalmers’ economic model is the name
The treasurer has been busy explaining his new economic model. But one man’s “values-based capitalism” is another man’s corporate philanthropy model - just ask John Howard.
- Phillip Coorey
January
Vanessa Guthrie exits in latest shake-up at Adbri
Vanessa Guthrie’s resignation as deputy chairwoman is the latest change at the top after former chief executive Nick Miller was jettisoned in October.
- Simon Evans
Energy investors suffer ‘worst uncertainty in 15 years’
Barrenjoey energy analyst Dale Koenders says shareholders should take a short-term view on oil and gas sector.
- Angela Macdonald-Smith
New hurdle for Santos gas project alarms industry
The requirement to check for underwater culturally significant sites along a pipeline route comes three years after regulatory approval was granted.
- Angela Macdonald-Smith
BHP’s production costs may soon be more than new coal price cap
Coal giant Glencore urged the government to explain how a coal price cap will save households as BHP said the cost of mining NSW coal may soon exceed the cap.
- Updated
- Samantha Hutchinson and Peter Ker
