Australia's Woodside Energy and Santos said on Thursday they were in preliminary talks to create an A$80 billion ($52 billion) global oil and gas giant, ...
Australia's two largest oil and gas companies are in talks to form a single $80 billion company focused on gas exports.
The companies, which both face pressures from decarbonisation and opposition to large projects, could benefit from streamlining operations.
Discussions over creation of Australian national champion in LNG production follow two large US deals.
Australian companies, worth a combined $52 billion, said discussions are at an early stage.
Australia's Woodside Energy has confirmed merger talks with compatriot Santos, as the nation continues to witness record upstream transactions this year.
Own Woodside Energy Group Ltd (ASX: WDS) shares? You might soon own Santos shares too in a big ASX oil marriage.
Big scrip-based energy deals have been struck on very low premiums in the past three years. Expect the talks between Woodside and Santos to proceed along ...
Australia's Santos Ltd shares jumped nearly 11% in early trade on Friday to their highest level in five weeks after it said it was in talks with larger ...
There could be a lot more than cost saving to the proposed $50 billion merger of Australia's two biggest oil and gas companies, Woodside and Santos.
Disputed beliefs among Tiwi Islanders about paths taken by Dreamtime figures are central to an environmentalist-backed fight against the Barossa ...
Two key strategies adopted by companies are be nimble enough to take advantage of market trends, or get big enough to realise big projects.
Santos and Woodside Energy have opened talks to discuss a potential merger in what could create a $52 billion oil and gas behemoth.
A potential A$80bn ($52bn) merger of two of Australia's largest oil and gas companies to create a national champion in liquefied natural gas reflects a ...
SYDNEY, Dec 7 (Reuters) - Australia's Woodside Energy (WDS.AX) and Santos (STO.AX) said on Thursday they were in preliminary talks to create an A$80 billion ...
Former South Australian premier Tom Playford - the longest serving political leader in Australian history who was also credited with spurring the state's ...
Australia energy companies Woodside and Santos Ltd said late on Thursday that they are in preliminary merger talks, in what could be the latest big deal in ...
Investors are questioning the benefits of an $80 billion mega-merger between Australian oil and gas majors Woodside and Santos after both companies ...