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Showing 11 - 20 of 59 results for "Santos"

NGS tracking ahead on 2030 net zero pledge

RACHEL ALEMBAKIS  |  THURSDAY, 27 JUL 2023  |  NEWS
... carbon-intensive companies and industries since the start of its decarbonisation process, including holdings in Woodside and Santos and others in the oil and gas exploration and production industry. The divestment from oil and gas companies was based ...

Climate Action 100+ ramps up corporate activities

RACHEL ALEMBAKIS  |  THURSDAY, 15 JUN 2023  |  NEWS
... focus companies include Adbri, AGL, BHP, Bluescope Steel, Boral, Incitec Pivot, Orica, Origin Energy, Qantas, Rio Tinto, Santos, South32, Woodside and Woolworths. In Phase 2, which will last from 2023 to 2030, companies will be asked to implement "a ...

Decade-long Santos well leak prompts investor concern

ROSE MARY PETRASS  |  THURSDAY, 15 JUN 2023  |  NEWS
Santos has admitted that its retired offshore oil and gas field Legendre has been leaking gas for a decade, throwing into doubt investor abilities to meet net zero plans. Methane gas - a greenhouse gas 25 times more powerful than carbon dioxide - has ...

Karoon Energy aims for net zero 2035 target

RACHEL ALEMBAKIS  |  WEDNESDAY, 5 APR 2023  |  NEWS
... potential carbon capture utilization and storage (CCUS) as examples of removals-based offsets. Karoon's asset Baúna, in the Santos Basin in Brazil, "does not lend itself" to CCS as it is located 200 km offshore, but future M&A activity would consider ...

Activist investor launches Santos campaign

RACHEL ALEMBAKIS  |  THURSDAY, 9 MAR 2023  |  NEWS
... fundamental misalignment between executive incentives and shareholder interests." Snowcap Research, which is an investor in Santos, has issued a letter and a presentation to the Board of Directors, outline its perspective and why the board must take ...

HESTA ups the ante on AGL, Santos on climate

RACHEL ALEMBAKIS  |  THURSDAY, 8 SEP 2022  |  NEWS
HESTA has placed AGL, Origin, Santos and Woodside on a watchlist over concerns that their stated climate strategies do not meet the transition pathway to containing global warming at 1.5˚C. The $68 billion super fund has also lifted its 2030 emissions ...

ACCR files additional claims in Santos lawsuit

RACHEL ALEMBAKIS  |  THURSDAY, 25 AUG 2022  |  NEWS
Santos faces fresh allegations of greenwashing in an ongoing federal lawsuit by the Australasian Centre for Corporate Responsibility (ACCR). Last year ACCR filed its suit challenging Santos' net zero emission target in relation to the viability ...

NGS Super divests from oil and gas producers

RACHEL ALEMBAKIS  |  THURSDAY, 4 AUG 2022  |  NEWS
... has divested from more than $190 million in oil and gas exploration and production companies, predominately Woodside and Santos. The divestment is in line with the fund's announced target of a 35% reduction of Scope 1 and Scope 2 carbon emissions ...

"Alarming" lack of capex alignment to 1.5C goals: Climate Action100+

RACHEL ALEMBAKIS  |  THURSDAY, 31 MAR 2022  |  NEWS
... list - Adbri, AGL Energy, BHP Billiton, BlueScope Steel, Boral, Incitec Pivot, Oil Search, Orica, Origin Energy, Qantas, Santos, South32, Woodside and Woolworths. Australian companies are performing better than their global peers on some indicators ...

CBA highlights strong demand for ACCUs in push to expand carbon market

RACHEL ALEMBAKIS  |  THURSDAY, 3 MAR 2022  |  NEWS
... CBA points to Glencore's CTSCo's project in Queensland is looking to start carbon capture from coal power generation and Santos' Moomba CCS project in South Australia. Australia's ACCUs are internationally considered as having strong integrity because ...