Santos Doubles Down on Oil and LNG Expansion

Australia’s Santos plans to prioritize growth in the production of crude oil and natural gas both at home and abroad, including in Alaska, the company said today, as quoted by Reuters. The output expansion will also include Papua New Guinea, the company’s chief executive said. “We are now laser-focused on investment in major oil and LNG production across three regions,” Kevin Gallagher also said. “The strategic review of our Australian domestic oil and gas business has taken place amidst unprece...