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Santos, ADNOC and XRG Consortium

Upstream Online · 18h

Adnoc-led consortium swoops on Santos in US$18.7 billion takeover offer

Australian company’s board intends to recommend that shareholders accept proposal in the absence of a superior offer

Business Standard · 8h

Abu Dhabi's Adnoc makes $19-billion takeover bid for LNG producer Santos

Adnoc's investment arm XRG PJSC joins peers including Saudi Aramco in targeting LNG, tapping the potential of one of the fastest-growing fossil fuel markets

Australia’s Santos backs XRG-led takeover bid

SYDNEY: Australian oil and gas producer Santos say it intends to support an US$18.7bil takeover bid from an international consortium led by Abu Dhabi's National Oil Co (Adnoc), which is looking to grow a global gas business.

6hOpinion

Even Big Oil Thinks Big Oil Is Too Risky These Days

What’s an oil producer to do when it sees its core product under threat from declining demand and a war-torn neighborhood?

21h

Australia's Santos targeted by ADNOC-led consortium

Abu Dhabi's National Oil Company (ADNOC), looking to grow a global gas business, is leading a proposed $18.7 billion takeover ...

1d

Santos’ $36b mega deal creates a mega test for Jim Chalmers

The company has landed the largest ever cash deal in the global energy sector. The only problem is getting the bid past the ...

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