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Santos Ltd (SSLTY.PK)

SSLTY.PK on OTC Markets Group

26 May 2017
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$0.02 (+0.78%)
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Thu, Apr 27 2017

UPDATE 2-Australia plans LNG export limits to help ease local price pain

MELBOURNE, April 27 Australia's conservative government unveiled a radical plan on Thursday to restrict exports of liquefied natural gas (LNG) at times when domestic shortages push up local prices, aiming to ease soaring energy costs for local manufacturers.

Santos first-quarter revenue jumps 14 percent on higher prices

MELBOURNE Australia's Santos Ltd reported a 14 percent rise in sales revenue for the first quarter on Thursday, bolstered by a sharp increase in oil prices, and flagged it has cut its break-even costs further and made more progress on cutting debt.

Gas producer Santos needs to impress as China's ENN eyes strategy

HONG KONG/MELBOURNE China's ENN Group, the top shareholder in Santos Ltd, will be watching closely when the Australian gas producer outlines its strategy on Thursday to pay down debt and cope with weak oil and gas prices.

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