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Wikipedia

Santos Limited

Santos Ltd. (South Australia Northern Territory Oil Search) is an Australian oil and gas exploration and production company, with its headquarters in Adelaide, South Australia. It owns liquefied natural gas (LNG), pipeline gas, and oil assets. It is the biggest supplier of natural gas in Australia, with its plants in the Cooper Basin in South Australia and South West Queensland supplying the eastern states of Australia. Its operations also extend to the seas off Western Australia and Northern Territory.

Santos Ltd.
Santos Limited headquarters
TypePublic
ASX: STO
IndustryEnergy
Founded18 March 1954
Headquarters60 Flinders Street, Adelaide, South Australia
Key people
Kevin Gallagher, CEO
Products
RevenueUS$3.660 billion (2018)[1]
US$0.727 billion (2018)[1]
Number of employees
2,190 (2018)
Websitesantos.com

The company has been criticised by environmentalists and others for its high level of greenhouse gas emissions, its lobbying of political parties, and various incidents causing contamination. Santos provides sponsorship of several arts festivals and bodies, charities, and the University of Adelaide's Australian School of Petroleum.

History

Santos was incorporated on 18 March 1954, with its name an acronym of South Australia Northern Territory Oil Search. Its core business was initially built on gas discoveries in the Cooper Basin, South Australia, with the discovery and development of the Gidgealpa 2 well in 1963 and Moomba 1 in 1966. It signed supply contracts with the South Australian Gas Company, the Electricity Trust of South Australia and the Australian Gas Light Company, commencing supply in 1969.[2]

After oil was discovered at Tirrawarra, near Moomba, South Australia, in the early 1970s, the company developed its liquid supply operations, which included a plant at Moomba and a fractionation and loading facility at Port Bonython.[2]

In the 1990s, the company expanded, acquiring other companies and developing its operations both onshore and offshore in Australia, Indonesia, Malaysia, Vietnam and Papua New Guinea. Also in this decade it acquired interests in petroleum in the United States and United Kingdom, as well as operations in the Timor Sea and Western Australia.[2] The Ballera gas plant in South West Queensland was established in 1991 and upgraded in 1997.[3][4]

In 2015 Santos began producing LNG, shipping it to South Korea.[2] In August 2018 Santos announced the acquisition of Australian oil and gas company Quadrant Energy for $2.15 billion. As part of the deal, Santos obtained Quadrant's 80% stake in Dorado in the Bedout Basin in northern Western Australia.[5]

In May 2020 Santos completed its acquisition of ConocoPhillips' northern Australia and Timor-Leste assets for US$1.265 billion as well as a contingent payment of US$200 million, which gave Santos control of ageing offshore assets in Bayu-Undan, subsea assets in the Timor Sea, and onshore gas plant Darwin LNG (DLNG), which included the Bayu-Undan to Darwin Pipeline. At the completion of the deal with ConocoPhillips, the interest of Santos in these assets was increased to 68.4%, The sale was contingent on a final investment decision on the future #Barossa project, which once concluded increased Santos' interest in the project to 62.5%.[6][7]

Description and governance

Santos is one of Australia's domestic gas and oil producers, supplying sales gas to all mainland Australian states and territories, ethane to Sydney, and oil and liquids to domestic and international customers.[8] It is the biggest supplier of natural gas in Australia,[9] Australia's second-largest independent producer of oil and natural gas, and was slated to become the world's biggest liquefied natural gas (LNG) exporter by 2019.[10] In the 2020 Forbes Global 2000, Santos was ranked as the 1583rd-largest public company in the world.[11]

Santos has its headquarters at 60 Flinders Street, Adelaide.[12] It also has offices in Brisbane, Sydney, Perth and Jakarta.

Since 1 February 2016 and as of June 2022 the company's CEO has been Kevin Gallagher.[13] He was preceded by David Knox.[14]

Operations

The South Australian and Queensland gas reserves are the main sources of natural gas to the eastern states of Australia. Santos is the primary venture partner and operator of natural gas processing facilities at Moomba in SA and Ballera in Queensland, and pipelines connecting those facilities with Adelaide, Sydney, Melbourne, Brisbane, Rockhampton and Mount Isa.[citation needed]

Gas and LNG

 
Santos drill rig near Innamincka (Cooper Basin), 1959

Santos has made significant discoveries in the Browse Basin, off the northwest of Western Australia. On 22 August 2014 the company announced a major gas condensate discovery at the Lasseter-1 exploration well in WA-274-P in the basin, in which Santos had a 30% interest in company with Chevron (50%) and Inpex (20%). It was the second major discovery by the company in the area in two years.[15]

On 7 September 2017 Santos pledged to divert 30 petajoules of gas from the Gladstone LNG plant slated for export into Australia's east coast market in 2018 and 2019, as part of efforts to avert government-imposed restrictions on gas exports to solve local gas shortages.[10] Because of shortages in its own supply of gas for export, Santos rely on purchasing gas from third parties to supply its overseas contracts.[citation needed]

Santos has an interest in the Darwin LNG project, which was the first liquefied natural gas project in the Northern Territory and the second in Australia. It has been supplied by the Bayu-Undan field, which is anticipated will be exhausted during the 2020s, hence the intention to develop the Barossa project to replace the dwindling reserves.[16]

Barossa project

The Barossa project is a proposed gas field in the Timor Sea, intended to take over from Bayu-Undan field after its reserves are exhausted, supplying LNG to the Darwin facility via a new pipeline which, for part of its length, run parallel to the existing Bayu-Undan to Darwin Pipeline.[17] Condensate oil will also be extracted.[16] It is situated around 300 km (190 mi) north of Darwin, in Australian waters. Worth A$4.7 billion, the project was signed off in 2021, with gas production is expected to commence in 2025. The project is expected to create about 600 jobs during construction and 350 ongoing jobs in Darwin over the following 20 years.[18]

The project has been criticised for its future carbon emissions. If developed, Barossa would become the most carbon-intensive gas development in Australia.[19] When the project was purchased from ConocoPhillips in 2020, it was projected to produce 1.5 tonnes of CO2 for every tonne of LNG.[citation needed] A 2021 report using the Darwin LNG project as a case study suggested that emissions could be greatly reduced by the use of solar power by using Sun Cable's Australia-Asia Power Link.[19] but the Institute for Energy Economics and Financial Analysis (IEEFA) described the project as an “emissions factory with a gas by-product”,[20] saying that even if it employed carbon capture and storage, the project would continue to release financially risky carbon dioxide emissions at the site, onshore and across the whole supply chain.[21]

A March 2022 legal challenge by leaders of the Jikilaruwu Tiwi Islands clan targeted the South Korean state-owned Export-Import Bank of Korea and the Korea Trade Insurance Corporation, which are planning to lend Santos approximately A$950m (£530m). They hoped to prevent Santos from building the gas pipeline near Cape Fourcroy, a habitat for many marine species, and a place where many Aboriginal people hunt, live, and camp.[22] However the case failed in the Seoul District Court.[23]

In June 2022 traditional owners of the Tiwi Islands filed a lawsuit against Santos and the federal government, who they said had not properly consulted them. In the lawsuit Dennis Tipakalippa (senior lawman of the Munipi Clan) also argued that NOPSEMA, the federal offshore gas regulator, should not have approved Santos’ plans to drill the Barossa gas field due to the Santos' inadequate consultation.[24] The traditional owners are concerned about the effect on the nesting areas of flatback and olive ridley turtles, which provide one of the Aboriginal people's traditional food sources. Four federal government marine parks, including Ashmore Reef, are also in the vicinity. Santos has submitted an environmental impact plan, which includes the potential impact of an oil spill, and its plans for cleanup should one occur.[18] In September 2022 Judge Mordecai Bromberg dismissed Santos’ environmental plan, thus invalidating its authorisation for drilling. As a result Santos had to disconnect its drilling rig from the sea north of Melville Island and leave the Barossa field by 6 October 2022.[25]

Financial results

Santos' production for 2008 was 54.4 million barrels (8,650,000 m3) of oil equivalent.[1] Earnings before interest, taxes, depreciation, amortisations and exploration expenses for the period was A$2.8 billion, representing after tax profit of A$1.65 billion.[1] On 22 August 2014 the company said its oil production was at its highest level in six years. For the first half of 2014, Santos recorded sales revenue of $1.8 billion, an increase of 20% on the comparable period the previous year. Sales volumes rose by 5% to 28.9 million barrels of oil equivalent. As a result of the company writing off its investment in a coal seam gas project in Indonesia, the 2014 first-half profit being down 24% at $206 million.[15]

In 2015, Santos' financial troubles became more evident as the share price crashed to one third of its value from the previous year. It hit a 12-year low and has stayed low since. This occurred because of mounting debt and an oil price slump. CEO David Knox was forced to leave, with chairman Peter Coates stepping into the role and leading a strategic review of the gas company. Options of partial asset sale, even takeovers, has been speculated including "No options will be ruled out from consideration, but neither is any particular option a preferred course at this time," Coates said.[26]

Issues

Greenhouse gas emissions

In 2020, Santos was named on a list of Australia's 65 worst greenhouse gas emitting companies.[27] Following additional pressure from ethical investors, Santos announced a goal to reduce greenhouse gas emissions to achieve net zero emissions by 2040 using a combination of carbon capture and storage, renewable energy and offsetting through tree planting programs.[28]

Lobbying and political donations

Santos has engaged Adelaide-based consultancy Bespoke Approach to lobby the Australian Government and the state governments of New South Wales[29] and Queensland.[30] Other lobbyists which have represented Santos include: Kreab Gavin Anderson (Australia) Ltd, Craig Emerson Economics[31] and Australian Public Affairs.[32][33]

In the financial year 2012–13, Santos Ltd gave donations directly to the Labor, Liberal, and National political parties at state and federal levels. Donations are tabled below.[34]

Jurisdiction Liberal/LNP Labor National
Federal $12,950 $50,829 $10,030
South Australia $34,367 $18,590
Queensland $18,303 $3,300
New South Wales $500
Western Australia $5,910 $2,550
Northern Territory $5,000
Tasmania $2,500
Sturt FEC (SA) $1000

Incidents

Moomba explosions, South Australia

On 1 January 2004 an explosion occurred at Santos' Moomba processing facility. The blast was traced to the Liquids Recovery Plant (LRP), where an inlet manifold and a related flange weld both failed after corrosion by mercury. Mercury was released along with a cloud of flammable gases including methane, ethane, propane and butane. Workers saw the cloud and raised the alarm, shutting down the plant and evacuating to designated safety points.[35] Some workers allegedly did not hear the emergency alarms.[36] The gas cloud ignited on contact with a heating unit 150 metres away, and an explosion followed. The plant was seriously damaged.[35]

Moomba workers who sought to remain anonymous told The Australian newspaper on 5 January that the company was running a "cowboy" operation, and that it was luck, not management that had prevented any loss of life. They also said that the emergency muster area was too close to the plant in the event of a major tank explosion.[36]

Gas supplies to South Australia and New South Wales were interrupted, leading to down-time in the manufacturing sector and short-term rationing measures in both states while repairs were made. Santos spent $40 million on remedial action following the incident. In 2011, the South Australian industrial relations court ruled that 13 employees had been placed at risk due to critical safety shortcomings. These included an inadequate risk assessment which failed to identify the likelihood of plant failing due to liquid metal rendering it brittle. The company pleaded guilty to breaching the Occupational Health Safety and Welfare Act after a SafeWork prosecution and was fined $84,000.[35]

Sidoarjo mud flow, Indonesia

 
NASA satellite image of the Sidoarjo mud flow site, 11 November 2008

In May 2006, the Sidoarjo mud flow disaster occurred in East Java, Indonesia. Controversy exists surrounding the probable cause of the disaster which has displaced approximately 10,000 people and covered villages, farms and industrial areas with mud. The eruption is ongoing, though since 2011 the rate of flow has reduced.[37]

Santos had stated in June 2006 that it maintained "appropriate insurance coverage for these types of occurrences".[38]

Port Bonython groundwater contamination, South Australia

 
Santos' Port Bonython facility and hydrocarbon export jetty, South Australia

In May 2008, groundwater contamination was reported to the Environment Protection Authority (EPA) following detection at Santos' Port Bonython site, Spencer Gulf, South Australia. Hydrocarbons were found floating on and in the groundwater. One hundred and fifty inspection wells were later established, and a 450-metre-long (1,480 ft) cement bentonite wall was constructed 'to stop the further spread of contamination off-site' including to the marine environment.[39][40] In May 2012, Santos reported declining rates of hydrocarbon recovery from groundwater extraction wells and claimed that their remediation efforts were working.[41]

Pilliga CSG wastewater spill, New South Wales

In 2011, a 10,000-litre spill of untreated coal seam gas water occurred impacting native vegetation and soil in the Pilliga forest. Coal seam gas extraction produces water that can contain lead, mercury, various salts and other heavy metals. Rehabilitation has been trying to restore this site[42] to remediate elevated contamination in the soil.[43]

Jackson oil spill, Queensland

In May 2013, an uncontrolled oil spill was reported in Santos' Zeus field near Jackson in Queensland's remote south-west. The flow lasted 'almost a week' before international experts were able to contain it. The rate of flow was estimated at 50,000 litres per day.[44]

Uranium contamination of Narrabri aquifers, New South Wales

In 2013, groundwater monitoring detected elevated levels of salinity and heavy metals near Santos' Tintsfield ponds in the Pilliga forest. Also it was reported that at the Bibblewindi ponds, uranium 20 times above the safe drinking levels was detected.[45] A NSW Government investigation into the incident determined the leak was "small, localised and contained" and drinking water sources and stock and domestic water sources were not impacted nor were they at risk.[46] The Investigation also found that the uranium detected was not from the pond's water, but was from naturally occurring Uranium in the surrounding soil that was mobilised from the leaking pond.[47]

Climate activism

In March 2021, four Extinction Rebellion protesters glued themselves to the road outside the Santos building in Adelaide, and two scaled the building, painted messages on it, set off flares and glued themselves to the building. Police and firefighters had to remove them and the protesters, who included three women aged over 64, were charged. They were protesting against fracking, and called upon Santos to invest more in renewable energy.[48][12]

Tiwi Islanders won a landmark case in September 2022, against drilling for gas by Santos in their traditional waters after complaining that the company failed to consult them about the impact of the project. Judge Mordecai Bromberg set aside approval for the drilling, part of Santos’s $4.7bn Barossa project and gave Santos two weeks to shut down and remove its rig from the sea north of Melville Island. The Judge said the offshore oil and gas regulator Nopsema failed to assess whether Santos had consulted with everyone affected by the proposed drilling, as required by the law.[49]

Sponsorship

 
Santos sponsors the Museum of Economic Botany at the Adelaide Botanic Garden.

Santos sponsors many community activities, events, institutions and projects in jurisdictions where they operate commercially. In October 2014, The Advertiser claimed that Santos spends $10 million annually on South Australian community groups, events and institutions.[50] Figures published in Santos' 2014 Sustainability Report state that $7,487,731 was spent on 'Community investment' in South Australia that financial year and $3,108,057 in Queensland. Other jurisdictions received between $5,000 (South Korea) and $775,255 (Western Australia) and the total 'community investment' spent across all regions during 2013–14 was $13,217,617.[51]

South Australia

Recipients of financial support from Santos in South Australia have included:

Queensland

Recipients of financial support from Santos in Queensland have included:

  • Queensland Art Gallery – $1.5 million AUD over 5 years[59]
  • Santos GLNG Food & Fire Fest
  • Queensland Police Service's Stay on Track Outback road safety campaign (2012–2014)[60]

ANU divestment

In October 2014, the Australian National University (ANU) sold its shares in Santos and several other companies in the nation's most reported case of fossil fuel industry divestment. Santos responded by claiming that gas is necessary in the state's future energy mix, and The Advertiser published its economic value to South Australia. It was reported that Santos employed 3500 people nationally as well as thousands of contractors, and had a $13 billion market value.[57] Politicians expressing their support for the company included the Prime Minister Tony Abbott and federal MPs Jamie Briggs,[61] Christopher Pyne, James McGrath, Greg Hunt and Treasurer Joe Hockey.[62] Several senior state ministers also spoke out against the decision to divest in South Australia and Queensland, including South Australian Treasurer Tom Koutsantonis.[50] Former Liberal party leaders John Hewson and Malcolm Fraser both supported ANU's right to choose how and where to invest its money.[62] ANU chancellor Gareth Evans said that the university had not described Santos as a "socially irresponsible" company, and in a letter to Santos CEO David Knox, Evans said the university regretted any embarrassment suffered by Santos over the decision to divest.[63]

Opposition to Santos sponsorship

In December 2014, photographs showing Queensland police vehicles featuring Santos company logos was criticised by anti-coal seam gas group Lock the Gate Alliance. Santos contributed approximately $40,000 to the road safety program "stay on track outback" which was described as valuable addition to a road safety campaign. Queensland Police commissioner Ian Stewart described the vehicles as "PR vehicles that we use at shows, we use at expos, all of those sorts of things just as any PR machine would be used by a company or another government organisation."[64]

Online activists referred to the sponsorship as a "conflict of interest" and "a bloody disgrace" with Stop Brisbane Coal Trains spokesman John Gordon calling for the logos to be removed.[60] Santos responded by stating that the company was "proud to support a program that promotes safe driving and is saving lives in outback Australia." Queensland's Police Minister Jack Dempsey defended the program and its sponsors stating "The Queensland Police Service's 'Stay on Track Outback' is a road safety program aimed at keeping communities safer and reducing road trauma in regional Queensland. It has been in place since 2012 thanks to support from a number of sponsors."[60]

In 2015, the Frack Free NT Alliance (a diverse group of opposing shale gas in the Northern Territory) called for the Darwin Festival to reject Santos sponsorship due to the company's involvement in shale gas exploration and development in the Northern Territory. Dayne Pratzky, a.k.a. Frackman, supported the call.[65] On 19 October 2022, Santos announced they would not renew their 20 year funding agreement with the Darwin Festival.[66]

In 2021 and 2022, Extinction Rebellion held protests at the Adelaide Botanic Garden to denounce Santos' sponsorship of the Santos Museum of Economic Botany.[67][68] Extinction Rebellion spokesperson Ben Brooker described the arrangement, slated to last until 2029, as "a terrible stain on this treasured institution" and one that "goes absolutely against the letter and the spirit of the Garden's own charter, which of course has biodiversity and conservation at its heart", adding that "we just do not feel that those values are compatible with taking money from an incredibly destructive fossil fuel company".[69]

See also

References

  1. ^ a b c d "Santos 2018 Full-Year Results". Santos. 21 February 2019. Retrieved 21 February 2019.
  2. ^ a b c d "Our story". Santos. 24 September 2015. Retrieved 7 June 2022.
  3. ^ "Official Opening of Upgraded Ballera Gas Plant". Santos Limited. 14 October 1997. Retrieved 7 June 2022.
  4. ^ "Ballera". What we do. Santos Limited. Retrieved 7 June 2022.
  5. ^ Paul, Sonali. "Australia's Santos expands with $2.15 billion Quadrant buy after..." U.K. Retrieved 11 October 2018.
  6. ^ Smith, Angela (28 May 2020). "Santos saves up-front in $1.9b Conoco deal". Australian Financial Review. Retrieved 28 May 2020.
  7. ^ "ConocoPhillips completes Australian asset sale to Santos". World Oil. 28 May 2020. Retrieved 28 May 2020.
  8. ^ "Santos". OilVoice. Retrieved 19 April 2008.
  9. ^ "About Us". Santos. Retrieved 7 June 2022.
  10. ^ a b "Santos diverts some gas slated for exports to shore up Australian supply". The Age. 7 September 2017. Retrieved 7 June 2022.
  11. ^ "Forbes Global 2000". Forbes. Retrieved 31 October 2020.
  12. ^ a b "Protesters glue themselves to road and let off smoke flares, blocking traffic in Adelaide's CBD". ABC News. 9 March 2021.
  13. ^ "Our Leadership". Santos. Retrieved 7 June 2022.
  14. ^ "Santos new boss to start in February". PerthNow. 4 December 2015. Retrieved 7 June 2022.
  15. ^ a b "Higher interim dividend by Santos as oil and gas revenue rises". Australian News.Net. 21 August 2014. Retrieved 22 August 2014.
  16. ^ a b Richardson, Nathan (30 March 2021). "Australia's Santos takes FID on Darwin LNG Barossa backfill project". S&P Global Commodity Insights. Retrieved 7 June 2022.
  17. ^ "Darwin Pipeline Duplication (DPD) Project NT EPA Referral" (PDF). Northern Territory Environment Protection Authority (NT EPA). Retrieved 8 December 2021.
  18. ^ a b Bardon, Jane (7 June 2022). "Tiwi traditional owners launch Federal Court action to try to stop Santos Barossa gas field". ABC News. Australian Broadcasting Corporation. Retrieved 7 June 2022.
  19. ^ a b Vorrath, Sophie (16 November 2021). "Gas industry proposes big solar to halve LNG emissions, with support of Sun Cable". RenewEconomy. from the original on 17 November 2021.
  20. ^ "'A carbon dioxide emissions factory': New $4.7b gas field may release more CO2 than LNG, says report". ABC News. 23 June 2021. Retrieved 13 August 2021.
  21. ^ "IEEFA Update: Santos won't solve the problem of Barossa LNG with carbon capture and storage". Institute for Energy Economics & Financial Analysis. 20 October 2021. from the original on 23 October 2021.
  22. ^ "South Korea sued to stop deep-sea gas pipeline". BBC News. 23 March 2022.
  23. ^ Bardon, Jane (25 May 2022). "Traditional owners vow to keep fighting Barossa gas field despite losing South Korean court battle". ABC News. Australian Broadcasting Corporation. Retrieved 7 June 2022.
  24. ^ "Tiwi Traditional Owner wins legal challenge to Santos Barossa Gas Project". Environmental Defenders Office. 21 September 2022. Retrieved 21 September 2022.
  25. ^ Nadig, Smruthi (21 September 2022). "Santos Australia loses environmental protection case in Tiwi Islands". Offshore Technology. Retrieved 21 September 2022.
  26. ^ "Santos profit slumps 82pc on oil price drop, CEO to leave". ABC News. 20 August 2015.
  27. ^ News, Murray Griffin of Footprint (30 August 2020). "Australia's big polluters required to offset just 1.2% of greenhouse gas emissions". the Guardian. Retrieved 13 August 2021. {{cite web}}: |last= has generic name (help)
  28. ^ Toscano, Nick (30 November 2020). "Santos targets net-zero emissions by 2040 as climate pressure grows". The Sydney Morning Herald. Retrieved 13 August 2021.
  29. ^ "Lobbyist Information – Bespoke Approach". Register of Third-Party Lobbyists. Electoral Commission New South Wales. Retrieved 29 April 2015.
  30. ^ "Client details: Santos Limited". Register of Lobbyists. Queensland Integrity Commissioner. Retrieved 29 April 2015.
  31. ^ "Who is on the register?". Australian Government Register of Lobbyists. Australian Government – Department of Prime Minister & Cabinet. Retrieved 28 April 2015.
  32. ^ "South Australian Register of Lobbyists - Australian Public Affairs" (PDF). 5 June 2017.
  33. ^ "Lobbyist Portal". www.lobbyists.sa.gov.au. Retrieved 14 June 2021.
  34. ^ "Australian political donations: Who gave how much? – ABC News (Australian Broadcasting Corporation)". ABC News. Retrieved 1 April 2016.
  35. ^ a b c "Santos fined over Moomba explosion". Herald Sun. 22 August 2011. Retrieved 5 February 2015.
  36. ^ a b Bartizan, Paul (21 January 2004). "Explosion threatens gas supplies to two Australian states". World Socialist Website. International Committee of the Fourth International. Retrieved 5 February 2015.
  37. ^ "Sidoarjo Mudflow Erupting at Slower Rate, but No End in Sight, Govt Says" Jakarta Globe 9 May 2011. Retrieved 27 December 2013.
  38. ^ "Mud disaster -Santos no more liable, sells project stake" Industrysearch.com.au 12 December 2008. Retrieved 27 December 2013.
  39. ^ Port Bonython – Menard Bachy Menard Bachy (24 August 2010). Retrieved 27 December 2013.
  40. ^ Further contamination at Santos' Port Bonython facility Environment Protection Authority (18 November 2010). Retrieved 27 December 2013.
  41. ^ "Santos says oil-leak clean-up working" ABC News 9 May 2012. Retrieved 27 December 2013.
  42. ^ NSW EPA [@NSW_EPA] (5 May 2016). ".@NSW_EPA inspect ongoing rehabilitation works at the SANTOS #Narrabri site this week #CSG #pilliga" (Tweet) – via Twitter.
  43. ^ "Santos fine for toxic spill 'pathetic', green groups say". 10 January 2014.
  44. ^ McCarthy, John (20 May 2013). "Santos confirms uncontrolled leak at oil and gas well in Queensland's remote southwest". Courier Mail. Retrieved 25 April 2019.
  45. ^ "Santos coal seam gas project contaminates aquifer". 7 March 2014.
  46. ^ http://www.resourcesandenergy.nsw.gov.au/__data/assets/pdf_file/0009/516492/FactSheet-Piliga.pdf[bare URL PDF]
  47. ^ "More questions on CSG uranium scare". 5 May 2014.
  48. ^ Wick, Ashley (10 March 2021). "Extinction Rebellion protesters superglue themselves to road, building in Adelaide". Nine News. Retrieved 7 June 2022.
  49. ^ "Tiwi Islanders win court battle with Santos over drilling in traditional waters". the Guardian. 21 September 2022. Retrieved 23 September 2022.
  50. ^ a b c Starick, Paul (22 October 2014). "South Australian Senator Sarah Hanson-Young waging campaign against Santos and fossil fuels". The Advertiser. Retrieved 23 October 2014.
  51. ^ Sustainability Report 2014 (PDF). Adelaide, South Australia: Santos Ltd. 2015. pp. 52–53.
  52. ^ "Santos – We have the energy – Art Gallery of South Australia". santos.com. Retrieved 13 February 2016.
  53. ^ South Australian Government – Department of Environment Our Partners, Botanic Gardens of South Australia. Retrieved 25 November 2013.
  54. ^ "Come Out Festival for Young People" Archived 21 January 2014 at archive.today Santos, South Australia (2009). Retrieved 21 January 2014.
  55. ^ OzAsia Festival website (accessed 2013.11.01)
  56. ^ RiAus.org.au. Retrieved 22 January 2014.
  57. ^ a b "Establishing another champion of exploration and discovery" 2 February 2014 at the Wayback Machine Santos Ltd (2009). Retrieved 22 January 2014.
  58. ^ The University of Adelaide "Australian School of Petroleum | Sponsors". Retrieved 2 November 2013
  59. ^ "Santos backs Queensland Art Gallery for five years" 2 February 2014 at the Wayback Machine Santos (24 November 2009). Retrieved 22 January 2014.
  60. ^ a b c Egan, Geoff (9 January 2015). "Santos sponsorship above board: Minister". Sunshine Coast Daily. Retrieved 9 January 2015.
  61. ^ Potter, Ben (10 October 2014). "ANU's Santos blacklisting a disgrace and jobs threat, says Abbott minister". Australian Financial Review. Retrieved 23 October 2014.
  62. ^ a b Aston, Heath (13 October 2014). "John Hewson and Malcolm Fraser blast Liberals over ANU divestment backlash". The Sydney Morning Herald. Retrieved 13 October 2014.
  63. ^ Hagemann, Ben (23 October 2014). "ANU backpedals on divestment blacklist". Australian Mining. Retrieved 23 October 2014.
  64. ^ Small, Stephanie (8 December 2014). "Anti-CSG group Lock the Gate angry Santos logo being used on Qld police cars". ABC. Retrieved 9 January 2015.
  65. ^ Davidson, Helen (28 July 2015). "Artists call on Darwin festival to reject Santos sponsorship over fracking". The Guardian. ISSN 0261-3077. Retrieved 29 January 2016.
  66. ^ "Santos pulls funding for major arts festival after lengthy campaign by fossil fuel opponents". ABC News. 18 October 2022. Retrieved 18 October 2022.
  67. ^ "Extinction Rebellion protesters rally against Santos sponsorship". 7NEWS Adelaide. 5 September 2021. Retrieved 1 June 2022.
  68. ^ Haskey, Emelia (31 May 2022). "Extinction Rebellion protests Adelaide Botanic Garden's Santos partnership". CityMag. Retrieved 1 June 2022.
  69. ^ "Will Adelaide Botanic Gardens dump Santos sponsorship?". Radio Adelaide. 23 May 2022. Retrieved 1 June 2022.

Further reading

  • Weidenbach, K. (2014): Blue flames, black gold: The story of Santos. Santos Pty Ltc. ISBN 9781921037399

External links

  • Official website

santos, limited, santos, south, australia, northern, territory, search, australian, exploration, production, company, with, headquarters, adelaide, south, australia, owns, liquefied, natural, pipeline, assets, biggest, supplier, natural, australia, with, plant. Santos Ltd South Australia Northern Territory Oil Search is an Australian oil and gas exploration and production company with its headquarters in Adelaide South Australia It owns liquefied natural gas LNG pipeline gas and oil assets It is the biggest supplier of natural gas in Australia with its plants in the Cooper Basin in South Australia and South West Queensland supplying the eastern states of Australia Its operations also extend to the seas off Western Australia and Northern Territory Santos Ltd Santos Limited headquartersTypePublicTraded asASX STOIndustryEnergyFounded18 March 1954Headquarters60 Flinders Street Adelaide South AustraliaKey peopleKevin Gallagher CEOProductsGas and petroleum exploration Production treatment and marketing of coal seam gas CSG liquefied natural gas LNG crude oil condensate naphtha and liquid petroleum gas LPG Transportation by pipeline of crude oil and gasRevenueUS 3 660 billion 2018 1 Net incomeUS 0 727 billion 2018 1 Number of employees2 190 2018 Websitesantos wbr comThe company has been criticised by environmentalists and others for its high level of greenhouse gas emissions its lobbying of political parties and various incidents causing contamination Santos provides sponsorship of several arts festivals and bodies charities and the University of Adelaide s Australian School of Petroleum Contents 1 History 2 Description and governance 3 Operations 3 1 Gas and LNG 3 1 1 Barossa project 4 Financial results 5 Issues 5 1 Greenhouse gas emissions 5 2 Lobbying and political donations 6 Incidents 6 1 Moomba explosions South Australia 6 2 Sidoarjo mud flow Indonesia 6 3 Port Bonython groundwater contamination South Australia 6 4 Pilliga CSG wastewater spill New South Wales 6 5 Jackson oil spill Queensland 6 6 Uranium contamination of Narrabri aquifers New South Wales 6 7 Climate activism 7 Sponsorship 7 1 South Australia 7 2 Queensland 7 3 ANU divestment 7 4 Opposition to Santos sponsorship 8 See also 9 References 10 Further reading 11 External linksHistory EditSantos was incorporated on 18 March 1954 with its name an acronym of South Australia Northern Territory Oil Search Its core business was initially built on gas discoveries in the Cooper Basin South Australia with the discovery and development of the Gidgealpa 2 well in 1963 and Moomba 1 in 1966 It signed supply contracts with the South Australian Gas Company the Electricity Trust of South Australia and the Australian Gas Light Company commencing supply in 1969 2 After oil was discovered at Tirrawarra near Moomba South Australia in the early 1970s the company developed its liquid supply operations which included a plant at Moomba and a fractionation and loading facility at Port Bonython 2 In the 1990s the company expanded acquiring other companies and developing its operations both onshore and offshore in Australia Indonesia Malaysia Vietnam and Papua New Guinea Also in this decade it acquired interests in petroleum in the United States and United Kingdom as well as operations in the Timor Sea and Western Australia 2 The Ballera gas plant in South West Queensland was established in 1991 and upgraded in 1997 3 4 In 2015 Santos began producing LNG shipping it to South Korea 2 In August 2018 Santos announced the acquisition of Australian oil and gas company Quadrant Energy for 2 15 billion As part of the deal Santos obtained Quadrant s 80 stake in Dorado in the Bedout Basin in northern Western Australia 5 In May 2020 Santos completed its acquisition of ConocoPhillips northern Australia and Timor Leste assets for US 1 265 billion as well as a contingent payment of US 200 million which gave Santos control of ageing offshore assets in Bayu Undan subsea assets in the Timor Sea and onshore gas plant Darwin LNG DLNG which included the Bayu Undan to Darwin Pipeline At the completion of the deal with ConocoPhillips the interest of Santos in these assets was increased to 68 4 The sale was contingent on a final investment decision on the future Barossa project which once concluded increased Santos interest in the project to 62 5 6 7 Description and governance EditSantos is one of Australia s domestic gas and oil producers supplying sales gas to all mainland Australian states and territories ethane to Sydney and oil and liquids to domestic and international customers 8 It is the biggest supplier of natural gas in Australia 9 Australia s second largest independent producer of oil and natural gas and was slated to become the world s biggest liquefied natural gas LNG exporter by 2019 10 In the 2020 Forbes Global 2000 Santos was ranked as the 1583rd largest public company in the world 11 Santos has its headquarters at 60 Flinders Street Adelaide 12 It also has offices in Brisbane Sydney Perth and Jakarta Since 1 February 2016 and as of June 2022 update the company s CEO has been Kevin Gallagher 13 He was preceded by David Knox 14 Operations EditThe South Australian and Queensland gas reserves are the main sources of natural gas to the eastern states of Australia Santos is the primary venture partner and operator of natural gas processing facilities at Moomba in SA and Ballera in Queensland and pipelines connecting those facilities with Adelaide Sydney Melbourne Brisbane Rockhampton and Mount Isa citation needed Gas and LNG Edit Santos drill rig near Innamincka Cooper Basin 1959 Santos has made significant discoveries in the Browse Basin off the northwest of Western Australia On 22 August 2014 the company announced a major gas condensate discovery at the Lasseter 1 exploration well in WA 274 P in the basin in which Santos had a 30 interest in company with Chevron 50 and Inpex 20 It was the second major discovery by the company in the area in two years 15 On 7 September 2017 Santos pledged to divert 30 petajoules of gas from the Gladstone LNG plant slated for export into Australia s east coast market in 2018 and 2019 as part of efforts to avert government imposed restrictions on gas exports to solve local gas shortages 10 Because of shortages in its own supply of gas for export Santos rely on purchasing gas from third parties to supply its overseas contracts citation needed Santos has an interest in the Darwin LNG project which was the first liquefied natural gas project in the Northern Territory and the second in Australia It has been supplied by the Bayu Undan field which is anticipated will be exhausted during the 2020s hence the intention to develop the Barossa project to replace the dwindling reserves 16 Barossa project Edit The Barossa project is a proposed gas field in the Timor Sea intended to take over from Bayu Undan field after its reserves are exhausted supplying LNG to the Darwin facility via a new pipeline which for part of its length run parallel to the existing Bayu Undan to Darwin Pipeline 17 Condensate oil will also be extracted 16 It is situated around 300 km 190 mi north of Darwin in Australian waters Worth A 4 7 billion the project was signed off in 2021 with gas production is expected to commence in 2025 The project is expected to create about 600 jobs during construction and 350 ongoing jobs in Darwin over the following 20 years 18 The project has been criticised for its future carbon emissions If developed Barossa would become the most carbon intensive gas development in Australia 19 When the project was purchased from ConocoPhillips in 2020 it was projected to produce 1 5 tonnes of CO2 for every tonne of LNG citation needed A 2021 report using the Darwin LNG project as a case study suggested that emissions could be greatly reduced by the use of solar power by using Sun Cable s Australia Asia Power Link 19 but the Institute for Energy Economics and Financial Analysis IEEFA described the project as an emissions factory with a gas by product 20 saying that even if it employed carbon capture and storage the project would continue to release financially risky carbon dioxide emissions at the site onshore and across the whole supply chain 21 A March 2022 legal challenge by leaders of the Jikilaruwu Tiwi Islands clan targeted the South Korean state owned Export Import Bank of Korea and the Korea Trade Insurance Corporation which are planning to lend Santos approximately A 950m 530m They hoped to prevent Santos from building the gas pipeline near Cape Fourcroy a habitat for many marine species and a place where many Aboriginal people hunt live and camp 22 However the case failed in the Seoul District Court 23 In June 2022 traditional owners of the Tiwi Islands filed a lawsuit against Santos and the federal government who they said had not properly consulted them In the lawsuit Dennis Tipakalippa senior lawman of the Munipi Clan also argued that NOPSEMA the federal offshore gas regulator should not have approved Santos plans to drill the Barossa gas field due to the Santos inadequate consultation 24 The traditional owners are concerned about the effect on the nesting areas of flatback and olive ridley turtles which provide one of the Aboriginal people s traditional food sources Four federal government marine parks including Ashmore Reef are also in the vicinity Santos has submitted an environmental impact plan which includes the potential impact of an oil spill and its plans for cleanup should one occur 18 In September 2022 Judge Mordecai Bromberg dismissed Santos environmental plan thus invalidating its authorisation for drilling As a result Santos had to disconnect its drilling rig from the sea north of Melville Island and leave the Barossa field by 6 October 2022 25 Financial results EditSantos production for 2008 was 54 4 million barrels 8 650 000 m3 of oil equivalent 1 Earnings before interest taxes depreciation amortisations and exploration expenses for the period was A 2 8 billion representing after tax profit of A 1 65 billion 1 On 22 August 2014 the company said its oil production was at its highest level in six years For the first half of 2014 Santos recorded sales revenue of 1 8 billion an increase of 20 on the comparable period the previous year Sales volumes rose by 5 to 28 9 million barrels of oil equivalent As a result of the company writing off its investment in a coal seam gas project in Indonesia the 2014 first half profit being down 24 at 206 million 15 In 2015 Santos financial troubles became more evident as the share price crashed to one third of its value from the previous year It hit a 12 year low and has stayed low since This occurred because of mounting debt and an oil price slump CEO David Knox was forced to leave with chairman Peter Coates stepping into the role and leading a strategic review of the gas company Options of partial asset sale even takeovers has been speculated including No options will be ruled out from consideration but neither is any particular option a preferred course at this time Coates said 26 Issues EditGreenhouse gas emissions Edit See also Barossa project In 2020 Santos was named on a list of Australia s 65 worst greenhouse gas emitting companies 27 Following additional pressure from ethical investors Santos announced a goal to reduce greenhouse gas emissions to achieve net zero emissions by 2040 using a combination of carbon capture and storage renewable energy and offsetting through tree planting programs 28 Lobbying and political donations Edit Santos has engaged Adelaide based consultancy Bespoke Approach to lobby the Australian Government and the state governments of New South Wales 29 and Queensland 30 Other lobbyists which have represented Santos include Kreab Gavin Anderson Australia Ltd Craig Emerson Economics 31 and Australian Public Affairs 32 33 In the financial year 2012 13 Santos Ltd gave donations directly to the Labor Liberal and National political parties at state and federal levels Donations are tabled below 34 Jurisdiction Liberal LNP Labor NationalFederal 12 950 50 829 10 030South Australia 34 367 18 590Queensland 18 303 3 300New South Wales 500Western Australia 5 910 2 550Northern Territory 5 000Tasmania 2 500Sturt FEC SA 1000Incidents EditMoomba explosions South Australia Edit On 1 January 2004 an explosion occurred at Santos Moomba processing facility The blast was traced to the Liquids Recovery Plant LRP where an inlet manifold and a related flange weld both failed after corrosion by mercury Mercury was released along with a cloud of flammable gases including methane ethane propane and butane Workers saw the cloud and raised the alarm shutting down the plant and evacuating to designated safety points 35 Some workers allegedly did not hear the emergency alarms 36 The gas cloud ignited on contact with a heating unit 150 metres away and an explosion followed The plant was seriously damaged 35 Moomba workers who sought to remain anonymous told The Australian newspaper on 5 January that the company was running a cowboy operation and that it was luck not management that had prevented any loss of life They also said that the emergency muster area was too close to the plant in the event of a major tank explosion 36 Gas supplies to South Australia and New South Wales were interrupted leading to down time in the manufacturing sector and short term rationing measures in both states while repairs were made Santos spent 40 million on remedial action following the incident In 2011 the South Australian industrial relations court ruled that 13 employees had been placed at risk due to critical safety shortcomings These included an inadequate risk assessment which failed to identify the likelihood of plant failing due to liquid metal rendering it brittle The company pleaded guilty to breaching the Occupational Health Safety and Welfare Act after a SafeWork prosecution and was fined 84 000 35 Sidoarjo mud flow Indonesia Edit NASA satellite image of the Sidoarjo mud flow site 11 November 2008 In May 2006 the Sidoarjo mud flow disaster occurred in East Java Indonesia Controversy exists surrounding the probable cause of the disaster which has displaced approximately 10 000 people and covered villages farms and industrial areas with mud The eruption is ongoing though since 2011 the rate of flow has reduced 37 Santos had stated in June 2006 that it maintained appropriate insurance coverage for these types of occurrences 38 Port Bonython groundwater contamination South Australia Edit Santos Port Bonython facility and hydrocarbon export jetty South Australia In May 2008 groundwater contamination was reported to the Environment Protection Authority EPA following detection at Santos Port Bonython site Spencer Gulf South Australia Hydrocarbons were found floating on and in the groundwater One hundred and fifty inspection wells were later established and a 450 metre long 1 480 ft cement bentonite wall was constructed to stop the further spread of contamination off site including to the marine environment 39 40 In May 2012 Santos reported declining rates of hydrocarbon recovery from groundwater extraction wells and claimed that their remediation efforts were working 41 Pilliga CSG wastewater spill New South Wales Edit In 2011 a 10 000 litre spill of untreated coal seam gas water occurred impacting native vegetation and soil in the Pilliga forest Coal seam gas extraction produces water that can contain lead mercury various salts and other heavy metals Rehabilitation has been trying to restore this site 42 to remediate elevated contamination in the soil 43 Jackson oil spill Queensland Edit In May 2013 an uncontrolled oil spill was reported in Santos Zeus field near Jackson in Queensland s remote south west The flow lasted almost a week before international experts were able to contain it The rate of flow was estimated at 50 000 litres per day 44 Uranium contamination of Narrabri aquifers New South Wales Edit In 2013 groundwater monitoring detected elevated levels of salinity and heavy metals near Santos Tintsfield ponds in the Pilliga forest Also it was reported that at the Bibblewindi ponds uranium 20 times above the safe drinking levels was detected 45 A NSW Government investigation into the incident determined the leak was small localised and contained and drinking water sources and stock and domestic water sources were not impacted nor were they at risk 46 The Investigation also found that the uranium detected was not from the pond s water but was from naturally occurring Uranium in the surrounding soil that was mobilised from the leaking pond 47 Climate activism Edit In March 2021 four Extinction Rebellion protesters glued themselves to the road outside the Santos building in Adelaide and two scaled the building painted messages on it set off flares and glued themselves to the building Police and firefighters had to remove them and the protesters who included three women aged over 64 were charged They were protesting against fracking and called upon Santos to invest more in renewable energy 48 12 Tiwi Islanders won a landmark case in September 2022 against drilling for gas by Santos in their traditional waters after complaining that the company failed to consult them about the impact of the project Judge Mordecai Bromberg set aside approval for the drilling part of Santos s 4 7bn Barossa project and gave Santos two weeks to shut down and remove its rig from the sea north of Melville Island The Judge said the offshore oil and gas regulator Nopsema failed to assess whether Santos had consulted with everyone affected by the proposed drilling as required by the law 49 Sponsorship Edit Santos sponsors the Museum of Economic Botany at the Adelaide Botanic Garden Santos sponsors many community activities events institutions and projects in jurisdictions where they operate commercially In October 2014 The Advertiser claimed that Santos spends 10 million annually on South Australian community groups events and institutions 50 Figures published in Santos 2014 Sustainability Report state that 7 487 731 was spent on Community investment in South Australia that financial year and 3 108 057 in Queensland Other jurisdictions received between 5 000 South Korea and 775 255 Western Australia and the total community investment spent across all regions during 2013 14 was 13 217 617 51 South Australia Edit Recipients of financial support from Santos in South Australia have included Adelaide Symphony Orchestra Art Gallery of South Australia 52 Adelaide Botanic Garden 53 Come Out Festival 2009 People s Puppets Project Whyalla 54 Committee for Adelaide founding member OzAsia Festival 55 RiAus 56 5 million AUD foundation partner 57 Santos Conservation Centre at the Adelaide Zoo Santos Stadium athletics venue Santos Tour Down Under UCI World Tour cycling event The Smith Family 50 University of Adelaide Australian School of Petroleum 25 million AUD over 10 years 58 Queensland Edit Recipients of financial support from Santos in Queensland have included Queensland Art Gallery 1 5 million AUD over 5 years 59 Santos GLNG Food amp Fire Fest Queensland Police Service s Stay on Track Outback road safety campaign 2012 2014 60 ANU divestment Edit In October 2014 the Australian National University ANU sold its shares in Santos and several other companies in the nation s most reported case of fossil fuel industry divestment Santos responded by claiming that gas is necessary in the state s future energy mix and The Advertiser published its economic value to South Australia It was reported that Santos employed 3500 people nationally as well as thousands of contractors and had a 13 billion market value 57 Politicians expressing their support for the company included the Prime Minister Tony Abbott and federal MPs Jamie Briggs 61 Christopher Pyne James McGrath Greg Hunt and Treasurer Joe Hockey 62 Several senior state ministers also spoke out against the decision to divest in South Australia and Queensland including South Australian Treasurer Tom Koutsantonis 50 Former Liberal party leaders John Hewson and Malcolm Fraser both supported ANU s right to choose how and where to invest its money 62 ANU chancellor Gareth Evans said that the university had not described Santos as a socially irresponsible company and in a letter to Santos CEO David Knox Evans said the university regretted any embarrassment suffered by Santos over the decision to divest 63 Opposition to Santos sponsorship Edit In December 2014 photographs showing Queensland police vehicles featuring Santos company logos was criticised by anti coal seam gas group Lock the Gate Alliance Santos contributed approximately 40 000 to the road safety program stay on track outback which was described as valuable addition to a road safety campaign Queensland Police commissioner Ian Stewart described the vehicles as PR vehicles that we use at shows we use at expos all of those sorts of things just as any PR machine would be used by a company or another government organisation 64 Online activists referred to the sponsorship as a conflict of interest and a bloody disgrace with Stop Brisbane Coal Trains spokesman John Gordon calling for the logos to be removed 60 Santos responded by stating that the company was proud to support a program that promotes safe driving and is saving lives in outback Australia Queensland s Police Minister Jack Dempsey defended the program and its sponsors stating The Queensland Police Service s Stay on Track Outback is a road safety program aimed at keeping communities safer and reducing road trauma in regional Queensland It has been in place since 2012 thanks to support from a number of sponsors 60 In 2015 the Frack Free NT Alliance a diverse group of opposing shale gas in the Northern Territory called for the Darwin Festival to reject Santos sponsorship due to the company s involvement in shale gas exploration and development in the Northern Territory Dayne Pratzky a k a Frackman supported the call 65 On 19 October 2022 Santos announced they would not renew their 20 year funding agreement with the Darwin Festival 66 In 2021 and 2022 Extinction Rebellion held protests at the Adelaide Botanic Garden to denounce Santos sponsorship of the Santos Museum of Economic Botany 67 68 Extinction Rebellion spokesperson Ben Brooker described the arrangement slated to last until 2029 as a terrible stain on this treasured institution and one that goes absolutely against the letter and the spirit of the Garden s own charter which of course has biodiversity and conservation at its heart adding that we just do not feel that those values are compatible with taking money from an incredibly destructive fossil fuel company 69 See also EditMoomba Adelaide Pipeline SystemReferences Edit a b c d Santos 2018 Full Year Results Santos 21 February 2019 Retrieved 21 February 2019 a b c d Our story Santos 24 September 2015 Retrieved 7 June 2022 Official Opening of Upgraded Ballera Gas Plant Santos Limited 14 October 1997 Retrieved 7 June 2022 Ballera What we do Santos Limited Retrieved 7 June 2022 Paul Sonali Australia s Santos expands with 2 15 billion Quadrant buy after U K Retrieved 11 October 2018 Smith Angela 28 May 2020 Santos saves up front in 1 9b Conoco deal Australian Financial Review Retrieved 28 May 2020 ConocoPhillips completes Australian asset sale to Santos World Oil 28 May 2020 Retrieved 28 May 2020 Santos OilVoice Retrieved 19 April 2008 About Us Santos Retrieved 7 June 2022 a b Santos diverts some gas slated for exports to shore up Australian supply The Age 7 September 2017 Retrieved 7 June 2022 Forbes Global 2000 Forbes Retrieved 31 October 2020 a b Protesters glue themselves to road and let off smoke flares blocking traffic in Adelaide s CBD ABC News 9 March 2021 Our Leadership Santos Retrieved 7 June 2022 Santos new boss to start in February PerthNow 4 December 2015 Retrieved 7 June 2022 a b Higher interim dividend by Santos as oil and gas revenue rises Australian News Net 21 August 2014 Retrieved 22 August 2014 a b Richardson Nathan 30 March 2021 Australia s Santos takes FID on Darwin LNG Barossa backfill project S amp P Global Commodity Insights Retrieved 7 June 2022 Darwin Pipeline Duplication DPD Project NT EPA Referral PDF Northern Territory Environment Protection Authority NT EPA Retrieved 8 December 2021 a b Bardon Jane 7 June 2022 Tiwi traditional owners launch Federal Court action to try to stop Santos Barossa gas field ABC News Australian Broadcasting Corporation Retrieved 7 June 2022 a b Vorrath Sophie 16 November 2021 Gas industry proposes big solar to halve LNG emissions with support of Sun Cable RenewEconomy Archived from the original on 17 November 2021 A carbon dioxide emissions factory New 4 7b gas field may release more CO2 than LNG says report ABC News 23 June 2021 Retrieved 13 August 2021 IEEFA Update Santos won t solve the problem of Barossa LNG with carbon capture and storage Institute for Energy Economics amp Financial Analysis 20 October 2021 Archived from the original on 23 October 2021 South Korea sued to stop deep sea gas pipeline BBC News 23 March 2022 Bardon Jane 25 May 2022 Traditional owners vow to keep fighting Barossa gas field despite losing South Korean court battle ABC News Australian Broadcasting Corporation Retrieved 7 June 2022 Tiwi Traditional Owner wins legal challenge to Santos Barossa Gas Project Environmental Defenders Office 21 September 2022 Retrieved 21 September 2022 Nadig Smruthi 21 September 2022 Santos Australia loses environmental protection case in Tiwi Islands Offshore Technology Retrieved 21 September 2022 Santos profit slumps 82pc on oil price drop CEO to leave ABC News 20 August 2015 News Murray Griffin of Footprint 30 August 2020 Australia s big polluters required to offset just 1 2 of greenhouse gas emissions the Guardian Retrieved 13 August 2021 a href Template Cite web html title Template Cite web cite web a last has generic name help Toscano Nick 30 November 2020 Santos targets net zero emissions by 2040 as climate pressure grows The Sydney Morning Herald Retrieved 13 August 2021 Lobbyist Information Bespoke Approach Register of Third Party Lobbyists Electoral Commission New South Wales Retrieved 29 April 2015 Client details Santos Limited Register of Lobbyists Queensland Integrity Commissioner Retrieved 29 April 2015 Who is on the register Australian Government Register of Lobbyists Australian Government Department of Prime Minister amp Cabinet Retrieved 28 April 2015 South Australian Register of Lobbyists Australian Public Affairs PDF 5 June 2017 Lobbyist Portal www lobbyists sa gov au Retrieved 14 June 2021 Australian political donations Who gave how much ABC News Australian Broadcasting Corporation ABC News Retrieved 1 April 2016 a b c Santos fined over Moomba explosion Herald Sun 22 August 2011 Retrieved 5 February 2015 a b Bartizan Paul 21 January 2004 Explosion threatens gas supplies to two Australian states World Socialist Website International Committee of the Fourth International Retrieved 5 February 2015 Sidoarjo Mudflow Erupting at Slower Rate but No End in Sight Govt Says Jakarta Globe 9 May 2011 Retrieved 27 December 2013 Mud disaster Santos no more liable sells project stake Industrysearch com au 12 December 2008 Retrieved 27 December 2013 Port Bonython Menard Bachy Menard Bachy 24 August 2010 Retrieved 27 December 2013 Further contamination at Santos Port Bonython facility Environment Protection Authority 18 November 2010 Retrieved 27 December 2013 Santos says oil leak clean up working ABC News 9 May 2012 Retrieved 27 December 2013 NSW EPA NSW EPA 5 May 2016 NSW EPA inspect ongoing rehabilitation works at the SANTOS Narrabri site this week CSG pilliga Tweet via Twitter Santos fine for toxic spill pathetic green groups say 10 January 2014 McCarthy John 20 May 2013 Santos confirms uncontrolled leak at oil and gas well in Queensland s remote southwest Courier Mail Retrieved 25 April 2019 Santos coal seam gas project contaminates aquifer 7 March 2014 http www resourcesandenergy nsw gov au data assets pdf file 0009 516492 FactSheet Piliga pdf bare URL PDF More questions on CSG uranium scare 5 May 2014 Wick Ashley 10 March 2021 Extinction Rebellion protesters superglue themselves to road building in Adelaide Nine News Retrieved 7 June 2022 Tiwi Islanders win court battle with Santos over drilling in traditional waters the Guardian 21 September 2022 Retrieved 23 September 2022 a b c Starick Paul 22 October 2014 South Australian Senator Sarah Hanson Young waging campaign against Santos and fossil fuels The Advertiser Retrieved 23 October 2014 Sustainability Report 2014 PDF Adelaide South Australia Santos Ltd 2015 pp 52 53 Santos We have the energy Art Gallery of South Australia santos com Retrieved 13 February 2016 South Australian Government Department of Environment Our Partners Botanic Gardens of South Australia Retrieved 25 November 2013 Come Out Festival for Young People Archived 21 January 2014 at archive today Santos South Australia 2009 Retrieved 21 January 2014 OzAsia Festival website accessed 2013 11 01 RiAus org au Retrieved 22 January 2014 a b Establishing another champion of exploration and discovery Archived 2 February 2014 at the Wayback Machine Santos Ltd 2009 Retrieved 22 January 2014 The University of Adelaide Australian School of Petroleum Sponsors Retrieved 2 November 2013 Santos backs Queensland Art Gallery for five years Archived 2 February 2014 at the Wayback Machine Santos 24 November 2009 Retrieved 22 January 2014 a b c Egan Geoff 9 January 2015 Santos sponsorship above board Minister Sunshine Coast Daily Retrieved 9 January 2015 Potter Ben 10 October 2014 ANU s Santos blacklisting a disgrace and jobs threat says Abbott minister Australian Financial Review Retrieved 23 October 2014 a b Aston Heath 13 October 2014 John Hewson and Malcolm Fraser blast Liberals over ANU divestment backlash The Sydney Morning Herald Retrieved 13 October 2014 Hagemann Ben 23 October 2014 ANU backpedals on divestment blacklist Australian Mining Retrieved 23 October 2014 Small Stephanie 8 December 2014 Anti CSG group Lock the Gate angry Santos logo being used on Qld police cars ABC Retrieved 9 January 2015 Davidson Helen 28 July 2015 Artists call on Darwin festival to reject Santos sponsorship over fracking The Guardian ISSN 0261 3077 Retrieved 29 January 2016 Santos pulls funding for major arts festival after lengthy campaign by fossil fuel opponents ABC News 18 October 2022 Retrieved 18 October 2022 Extinction Rebellion protesters rally against Santos sponsorship 7NEWS Adelaide 5 September 2021 Retrieved 1 June 2022 Haskey Emelia 31 May 2022 Extinction Rebellion protests Adelaide Botanic Garden s Santos partnership CityMag Retrieved 1 June 2022 Will Adelaide Botanic Gardens dump Santos sponsorship Radio Adelaide 23 May 2022 Retrieved 1 June 2022 Further reading EditWeidenbach K 2014 Blue flames black gold The story of Santos Santos Pty Ltc ISBN 9781921037399External links EditOfficial website Retrieved from https en wikipedia org w index php title Santos Limited amp oldid 1131566781, wikipedia, 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