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... Santos hands out … We need to be focused on those alternatives,” Corbell said.Prime Minister Scott Morrison’s government has called for a “gas-led” economic Covid-19 recovery and a task force on helping the manufacturing industry will recommend subsidies for gas infrastructure, the Sydney Morning Herald and Age newspapers reported last week.© 2020 World Oil, © 2020 Gulf Publishing Company LLC.All material subject to strictly enforced copyright laws Visit media centre.
Seismic confirms nearby Dorado targets "We clearly know that we are working in a prolific new hydrocarbon basin": Cook
... Latest News /// More. “It’s not a short-term bridge, it’s a long-lived investment that exposes us to significant environment and climate risk.”Narrabri has the potential to supply enough gas to meet half of demand in New South Wales, Australia’s most populous state, and will help kickstart the nation’s economic recovery from Covid-19, according to Adelaide-based Santos.
As both a major exporter of energy and a victim of the devastation of a warming planet, Australia’s path forward may illustrate how communities weigh the economic benefits of gas against environmental damage.Santos Ltd. says its Narrabri project, about 500 kilometers (311 miles) northwest of Sydney, is essential for the country to move from coal-fired power toward a cleaner network based on wind and solar.
The leading global oil, gas and energy news resource. Careers at Santos . We are well on our way to achieving our target of a net zero extraction on the Great Artesian Basin aquifers by 2030. Join us and your talent, skills and ideas will have a direct impact on results as we thrive and improve together. Gas is the “perfect partner” for renewables, providing the reliability needed to back up the variable nature of solar and wind power, it says.Santos Chief Executive Officer Kevin Gallagher argued at a community hearing on the project last month that a number of proposed liquefied natural gas import terminals could not compete on price with locally sourced gas. Businesses in New South Wales also pay as much as A$4 per gigajoule ($2.70 per million British thermal unit) more for their gas than counterparts in Queensland due to transportation costs and pipeline tariffs, he said.Perdaman Group has signed a preliminary agreement to take gas from Narrabri for a proposed ammonium nitrate plant nearby. Sources have confirmed that the state’s largest gas producer has offered positions in Brisbane to staff at the Cooper Basin Gasfields. Read the latest news from Santos, including half-year results, activity reports, media releases and company announcements.
Santos is one of the leading independent oil and gas producers in the Asia-Pacific region, supplying energy needs across Australia and Asia. Is treated and beneficially reused in Eastern QueenslandPercentage decrease solid waste sent to landfill since 2015Of direct and indirect environmental offsets in Queensland 7NEWS understands that is where the company’s major operations will be run. Comprehensive coverage of Santos news and analysis - Page 1. We are committed to creating a positive legacy in the communities where we operate through targeted community and social initiatives. Santos looks to hydrogen future through carbon capture and storage The Santos 2020 Half-year results webcast is scheduled for 11:00am AEST on Thursday, 20 August 2020.Santos has released its third annual Climate Change Report. Australia’s energy future may hinge on Santos’ Narrabri gas project decision. Work with us. SYDNEY (Bloomberg) --A key battle over the future of fossil fuels and climate change will soon be decided in a sleepy corner of Australia.After a decade-long struggle pitting a mix of farmers, grandmothers and activists against oil producers and local and federal governments, a panel will decide by early next month whether to greenlight a A$3.6 billion ($2.6 billion) natural gas project.The resolution will arrive amid growing global opposition to all fossil fuels over their contribution to climate change, and as traditional producers such as BP Plc pivot toward green power.
Adelaide-based energy giant Santos is poised to relocate hundreds of staff interstate, 7NEWS can reveal.
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