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The Latest Breaking News from Kevin Gallagher

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

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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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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.

USA Today Sports Media Group

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.

AAP

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 Guardian - AU

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

The Independent UK

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

Social media displayed an outpouring of love for the legend

USA Today Sports Media Group

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.

ABC News

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.

AAP

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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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The Guardian - AU

Is Labor’s energy price relief plan really a ‘Soviet-style policy’ or an ‘Armageddon’ moment?

With the bill now passed into law, here’s what’s at stake, what is next, and the political backstory of the Australia’s energy price boom

The Guardian - AU

NSW Liberals members suspended for ‘elaborate’ branch-stacking scheme – as it happened

This blog is now closed

Reuters

IMF shareholders deeply divided on whether to suspend surcharges on some loans

The International Monetary Fund's executive board on Monday discussed the surcharges it collects from mostly middle- and lower-income countries on larger loans that are not repaid quickly, but failed to agree to launch a formal review.

The New Daily

Riding high on record profits, gas companies warn we could soon be crying poor

Treasurer Jim Chalmers confirmed on Sunday the government was considering all options, including regulating gas companies.

Crikey

Santos chief’s new climate scam: a fossil fuel-driven zero carbon future

Fossil fuel company Santos continues to spruik carbon capture and storage. And the technology continues to fail.

The Guardian - AU

Santos profit rises three-fold amid energy insecurity as calls for windfall tax intensify

Greens say 300% increase in profits shows Australia is ‘being taken for a ride’ while other activists claim company is ‘burning our long-term future’

AAP

Santos rejects ACCC gas shortage fears

Santos boss Kevin Gallagher has dismissed fears of an east coast gas shortage next year, and warned of concern among LNG customers and investors in Asia.

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