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

Abu Dhabi National Oil Company (ADNOC) and the XRG Consortium have launched a $30 billion takeover for Australian-based energy company Santos (STO). Santos’ share prices jumped around 15% on the news, ...

Oil prices are likely to be supported by tensions in the Middle East, said Phillip Nova analyst Priyanka Sachdeva. Crude oil prices surged over 18% in June, driven by consistent demand and increasing ...

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The board of Santos (ASX: STO) has indicated its willingness to back a $30 billion takeover bid by global oil and gas giant ...

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Santos said the consortium, led by Abu Dhabi National Oil Co. unit XRG, is offering 8.89 Australian dollars a share, equivalent to US$5.76, in cash. That offer--described by Santos as final--follows ...