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The Latest Breaking News from Kevin Gallagher

Gas producer to cut jobs, review assets as profit falls

Australia's second-biggest gas producer will cut one in 10 jobs and weigh up its local gas portfolio after its full year profit fell for a third straight year.

AAP

Santos hails first shipment of Barossa gas to Japan

After legal challenges and pandemic delays, the first Barossa LNG shipment is bound for Japan, marking an "outstanding achievement" for Santos.

AAP

Santos lifts output, sales as first Barossa cargo loads

An Australian oil and gas giant has posted stronger production and revenues despite weaker commodity prices, as two long-awaited projects ramp up.

AAP

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Premier vows to protect state in Santos takeover bid

State government approval of the takeover of one of Australia's biggest oil and gas producers will depend on keeping a local headquarters and maintaining jobs.

AAP

‘Trauma porn’: media urged to reflect on role as victims’ families speak at Bondi Junction stabbing inquest

Victim’s partner says media involvement ‘only served to exacerbate my pain’. Plus: Kerry Stokes’ media empire energised by North West Shelf gas approval

The Guardian - AU

Oil-gas giant defends energy policy, share-price slide

Oil and gas producer Santos says it's well placed to weather volatility in commodity markets, as shareholders and traditional owners call the company to task.

AAP

Santos rejects attack on 'speculative' net-zero roadmap

Santos says public statements it could reach net-zero emissions by 2040 were not misleading because its roadmap contained targets and not promises.

AAP

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Santos drilling for gas demand well into the future

Oil giant Santos is juggling capital-intensive projects, including the hotly contested Narrabri field in NSW, as rising costs and lower LNG prices hit profits.

AAP

Dutton doubles down on gas, rejects support for mining

Domestic gas production will expand, approvals will be fast-tracked and nuclear reactors rolled out to keep the lights on under a coalition government.

AAP

Australia 'lagging the world' on carbon capture policy

Santos is urging the government to speed carbon capture and storage investment as the energy company doubles down on the technology to offset new gas projects.

AAP

Gas giant Santos accused of eroding shareholder value

Gas giant Santos has been accused of eroding shareholder value with a record dividend and no update on the future after Woodside merger talks were terminated.

AAP

Santos reveals extent of costs from Barossa court delay

Oil and gas giant Santos will have to spend hundreds of millions of dollars extra on its massive Barossa LNG project after it was hit by legal delays.

AAP

‘It’s going to delay the mail’: the fight over Louis DeJoy’s USPS plan

Trump’s postmaster general appointee is implementing a 10-year austerity plan that will slash jobs and close sorting centers

The Guardian - US

Santos warned over misleading Hunter Gas Pipeline comments

Santos yet to secure licence to construct Hunter Gas Pipeline.

Newcastle Herald

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USA Today Sports Media Group

NFL world mourns death of Titans great Frank Wycheck

The NFL world mourned the loss of Titans great Frank Wycheck, who passed away at the age of 52.

AAP

Court ruling delays Santos' Barossa gas pipe dream

Australian gas giant Santos' Barossa project has been stalled again hours before work on the $5 billion pipeline was due to begin.

The Guardian - AU

Australia’s resources minister sees a gas-fired future just as international experts chart the fossil fuel’s decline

Madeleine King concedes the fossil fuel’s emissions are ‘significant’. To be exact, they account for a whopping 21% of Australia’s total

The Independent UK

China touts its Belt and Road infrastructure lending as an alternative for international development

China is touting its 10-year-old Belt and Road Initiative as an alternative model for economic growth as it seeks to win friends and strengthen its leadership of the developing world

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USA Today Sports Media Group

Social media reacts to the passing of legendary running back Jim Brown

Social media displayed an outpouring of love for the legend

ABC News

The NT's economic growth is 'heavily influenced' by the Barossa gas project, but its future is increasingly uncertain

Getting back in the black by 2026-27 relies heavily on Santos' $4.7 billion Barossa gas field off the coast of the Tiwi Islands going ahead, but it's facing opposition from traditional owners and rising environmental costs.

AAP

Santos CEO derides Greens influence on energy policy

Santos CEO Kevin Gallagher says Australia's energy policies have handed power to the Greens who just want to shut everything down.

ABC News

Santos confirms Cooper Basin pipeline explosion, as protesters converge on company AGM

The oil and gas company says it is unaware how much gas was released when a pipeline in South Australia's outback exploded in January. Meanwhile, Aboriginal traditional owners walk out of the company's AGM in Adelaide.

ABC News

Some of Australia's biggest super account holders support the government's plan to make them pay more tax

The government's plan will affect 0.5 per cent of Australians who have large super balances, so what do they think of it?

USA Today Sports Media Group

Twitter reacts to the death of Bobby Beathard

Bobby Beathard was respected all around the NFL world. Many remembered him Wednesday evening.

The Guardian - AU

Flood warnings issued for Murray River in South Australia – as it happened

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