(Reuters / Santos / Handout DG) Iran is struggling to find buyers for its oil in South-East Asia. Under pressure from Western sanctions, the Islamic Republic has been pinning its hopes on increased sales to China. ­China, the major consumer of Iranian...

On the ASX 24, the March share price index futures contract was up 63 points at 4229 points on volume of 12,420 contracts. Energy-linked companies were the best-performing sector at the open, having risen 2.0 per cent according to IRESS data, while...

Australia's Santos said that due to asset sales and higher oil and gas prices, the company's profit for 2011 hiked 51 percent to USD811.43 million, compared with USD538.80 million a year earlier, reported Xinhua News. The oil and gas producer added that...

Embraport project is the largest Brazilian private multi-modal port terminal, located in the city of Santos, will have around 1 million TEU capacity in the first phase when completed, and will be operated by DP World. Porto de Santos is the largest...

Photo: Peter O'Donnell ONE-OFFS including a higher-than-expected tax bill and flooding in the Cooper Basin caused Santos to miss analysts' forecasts for its full-year profit yesterday. While the bottom line figure was solid, chief executive David Knox...

SANTOS chief executive David Knox has warned a push from Incitec Pivot boss James Fazzino to reserve some of the nation's vast gas resources for domestic users would not have the desired effect of providing cheaper gas for Australian manufacturers. ...

THE final week of 2007 proved to be a turning point in the life of John Ellice-Flint. Into his eighth year of working himself to the bone at the helm of oil and gas producer Santos, his wife followed Christmas dinner with a not-so-subtle message. ANZ is...

Moomba gas plant. Source: AdelaideNow OIL and gas producer Santos has maintained its annual production guidance after delivering a big lift in profit. Santos on Friday booked a net profit for the 12 months to December 31, 2011, of $753 million, up 51...

National Australia Bank (NAB) rose 0.4 pct or 9 cents to $22.72. Both Commonwealth Bank (CBA) and Westpac (WBC) fell 0.35 pct. Santos (STO), the oil and gas producer and surfwear retailer, Billabong (BBG) posted their latest profit results. Like us on...

Ltd. (STO), Australia’s third- largest oil producer, said the shale gas potential in Cooper Basin in the central region of the nation is “very large.” “We’re all conscious of what happened in North America, where the play opened up quite quickly,” David...

Source: The Australian SANTOS has booked a full-year net profit of $753 million, up 51 per cent, on the back of sales of stakes in its Gladstone LNG project and Timor Sea assets. The Adelaide oil and gas producer lifted its underlying profit 20 per...

Ltd says its Crown gas prospect in Western Australia's Browse Basin could be large and could be fed into major liquefied natural gas (LNG) projects in the area. The liquids-rich prospect is situated offshore very near the Ichthys gas fields, operated by...

The company reported a net profit of $753 million and maintained its production guidance for this year; it expects to produce between 51 and 55 million barrels of oil. Chief executive David Knox said the industry must improve its standards,...

Full Story SYDNEY -(MarketWatch)- Santos Ltd. STO.AU Friday said higher oil and natural gas prices combined with gains from selling assets to push full-year net profit up 51% to A$753 million. Santos, which is transitioning from an oil producer to a...

(Feb 17): Australian oil and gas producer Santos reported a 31 percent rise in underlying profit for the second half of 2011, but missed analysts' forecasts as its tax rate was higher than expected. The company said on Friday the $16 billion Gladstone...

Moomba gas plant. Source: AdelaideNow OIL and gas producer Santos has lifted its annual profit by more than 50 per cent due to higher commodity prices and the sale of some assets. Almost 1500 Caltex Australia employees could also be facing the chop,...

Moomba gas plant. Source: AdelaideNow OIL and gas producer Santos has lifted its annual profit by more than 50 per cent due to higher commodity prices and the sale of some assets. Santos today reported a net profit of $753 million for the six months to...

Santos and partners approved construction of the $US16bn ($15bn) Gladstone LNG project last year, which will supply Asian customers with up to 7.8m tonnes of LNG, produced mainly from coal seam gas. Santos also has a minority stake in the $US15.7bn PNG...

Santos today reported a net profit of $753 million for the six months to December 31, up 50.6 per cent from $500 million in the previous corresponding period. Sales revenue was up 14 per cent to $2.53 billion. Gas sales volumes were down by two per...