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A Middle Eastern oil company’s bid to take over Australian gas giant Santos will have some wringing their hands, despite a long history of energy partnerships with foreign nations.
UBS says the offer is “a potential solution” to the east coast’s long term gas supply challenges, but others are urging caution.
The pull of LNG is proving strong in the Middle East, driving the surprise takeover bid for an Australian producer that ...
Nervous investors continued to watch the fallout from the escalating conflict between Israel and Iran, leading to a cautious ...
A promise to develop Santos’ Narrabri gas project for the domestic market could be the key piece of leverage that the Abu ...
Dubai Abu Dhabi National Oil Company, via its XRG investment arm, has launched an A$8.89‑per‑share all‑cash takeover offer ...
Industry experts are already suggesting that the $30 billion takeover bid for Santos (ASX: STO) by global oil and gas giant ...
ABC News Australia on MSN9h
South Australia government threatens to intervene in Santos foreign takeover bidA state-owned Middle Eastern oil company has made a $36 billion takeover bid for the state's largest company, Santos. But the ...
The Abu Dhabi consortium is not the first potential buyer of a company undervalued by Australia's stock exchange and with ...
ABC News Australia on MSN13h
Santos shares jump on $36 billion takeover bidAs markets are gripped by the latest news from the Middle East, the government of Abu Dhabi has launched a $36 billion ...
What’s an oil producer to do when it sees its core product under threat from declining demand and a war-torn neighborhood?
OPEC Sees Lower Supply Growth From Rivals, Keeps Demand Outlook Steady The Organization of the Petroleum Exporting Countries trimmed next year's forecast for supply growth from the U.S. and other ...
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