Citi and Jarden both raised their target prices for Santos after the oil giant received a $30 billion takeover offer from a consortium led by energy investment company XRG, a subsidiary of Abu Dhabi's ...

Also in today’s newsletter, Trump says it was ‘big mistake’ to exclude Russia from G7 and China’s industrial output growth slows ...

Welcome to the Trading Day blog for Tuesday, June 17. ASX 200 to rise. Santos on watch amid Middle East takeover play. Oil, ...

Santos shares have rocketed following the news of a $30 billion takeover offer of the Australian oil and gas company from Abu ...

What’s an oil producer to do when it sees its core product under threat from declining demand and a war-torn neighborhood?

UAE investors, led by XRG, offered nearly $30 billion to acquire Australian oil and gas producer Santos at $8.99 per share, a 28% premium. Following the deal announcement, the South Australian ...

Adnoc's investment arm XRG PJSC joins peers including Saudi Aramco in targeting LNG, tapping the potential of one of the ...

June 16 (Reuters) - Australian shares closed flat on Monday, as a rally in energy stocks driven by higher oil prices was partially offset by weak performances across gold miners, even as gas producer ...

Shares in Australian oil and gas giant Santos have rocketed higher after receiving a $30 billion takeover bid from Abu Dhabi ...

OPEC Sees Lower Supply Growth From Rivals, Keeps Demand Outlook Steady The Organization of the Petroleum Exporting Countries trimmed next year's forecast for supply growth from the U.S. and other ...

Energy prices have jumped since the onset of clashes between Israel and Iran. Investors worry the conflict could have a big ...

Santos said it intends to endorse to shareholders its potential acquisition by the ADNOC-led consortium, a year after ending ...