JOURNAL ARTICLE

Energy M&A Target Santos Wins Legal Battle Over Gas Pipeline.

  • Published In: Bloomberg.com, 2024. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Argana, Carmeli; Stringer, David 3 of 3

Abstract

Santos Ltd., an oil and gas producer, has won a legal battle that allows them to resume construction of a gas pipeline off Australia's northern coast. The legal challenge was based on concerns about the potential impact on sites of cultural importance to Indigenous residents of the Tiwi Islands. However, the judge ruled that there was only a negligible chance of archaeological value in the pipeline route. Santos shares rose following the ruling. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2024/01, pN.PAG
  • Document Type:Article
  • Subject Area:Social Sciences and Humanities
  • Publication Date:2024
  • Accession Number:174785449
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