Ticker

Australian energy producer Santos executed a previously announced deal with the South ​Australian government to supply 200 petajoules ‌of gas over 10 years from 2030, the company said on Monday.

Santos aims to trim net ​debt by $2.5 billion by 2030 and focus ‌its investment in major oil and liquefied natural gas production to develop regions with tier-1 basins, ​Australia's No.2 oil and gas producer ​said on Tuesday.

Santos , Australia's no.2 ​oil and gas producer, said ‌on Monday it had achieved first oil from the first phase of ​its Pikka development project in ​the U.S. state of Alaska.

The head of energy producer Santos on Tuesday said Australia's reputation as a stable destination for energy investment ​has been damaged by a proposal to impose ‌a 25% gas-export tax, even after the federal government stepped back from the plan.

Santos reported a 1.8% drop ​in its first-quarter ‌sales revenue on Thursday, hurt by a ​temporary outage ​at the Barossa offshore ⁠gas project, while ​a severe tropical ​cyclone on Australia's west coast hampered port operations.