Gas conditioning plant, Papuan highlands
Santos-Oil Search merger advances
Papuan court approval sees the deal pass another milestone
Shareholders at Papua New Guinea-focused Oil Search will vote on 7 December on their proposed merger with Australian independent oil and gas producer Santos, following a decision by the National Court of Papua New Guinea. The Papuan government had previously voiced concern about the merger, saying it needs to be in the country’s “national interest”. But the National Court has now approved distribution of the proposal to Oil Search shareholders and ordered the company to hold the vote. The offer “is in the best interests of Oil Search shareholders in the absence of a superior proposal”, concluded corporate financial advisor Grant Samuel & Associates, acting as an independent expert to th
Also in this section
10 March 2026
From Venezuela to Hormuz, the US—backed by the most powerful military force ever assembled—is redrawing not only oil and gas flows but also the global balance of energy power
10 March 2026
By shutting the Strait of Hormuz, Iran has cut exports of distillate-rich Middle Eastern crude, jet fuel and diesel, and is holding the energy market hostage
10 March 2026
Eni’s director for global gas and LNG portfolio, Cristian Signoretto, discusses how demand will respond to rising LNG supply, and how the company is expanding its own gas and LNG operations through disciplined, capital-efficient investments
9 March 2026
Petroleum Economist analysis sees increases in output from Saudi Arabia, Venezuela and Kazakhstan among others before region’s murky descent
