Santos
ASX:STO
While many corporates will be breathing a sigh of relief after Santos successfully defended its net zero plan in court, experts warn activists may use other legal methods to pressure big businesses on climate.
The $36.4 billion pursuit of Santos looms as one of the first real tests of the Australian Competition and Consumer Commission's new merger regime.
Santos will shortly update investors on whether a firm offer from Abu Dhabi National Oil Company's offshore investment arm XRG and Carlyle Partners is imminent.
Jim Chalmers may not be winning friends in boardrooms, but the $30 billion Santos bid could be a chance to show he’s serious about foreign investment.
Senior Australian economists believe the spike in oil prices driven by the Israel-Iran war will prove short-lived.