Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Business & Finance › Santos Posts Record Quarterly Output on New LNG, Oil Projects
Business & Finance

Santos Posts Record Quarterly Output on New LNG, Oil Projects

Bloomberg Markets Wednesday 21 October 2026, 23:09 UTC By Keira Wright and Rob Verdonck 1 min read
Key Points

Santos Posts Record Quarterly Output on New LNG, Oil Projects Australian liquefied natural gas exporter Santos Ltd. said production in the three months through September hit a quarterly record, as it increased output from two major projects. Total production rose 14% from the prior quarter, after the company in August loaded the first crude oil cargo from its Pikka field in Alaska and ramped up output from its Barossa gas project in Australia, Santos said in a regulatory filing. Sales...

Santos Posts Record Quarterly Output on New LNG, Oil Projects Australian liquefied natural gas exporter Santos Ltd. said production in the three months through September hit a quarterly record, as it increased output from two major projects. Total production rose 14% from the prior quarter, after the company in August loaded the first crude oil cargo from its Pikka field in Alaska and ramped up output from its Barossa gas project in Australia, Santos said in a regulatory filing. Sales revenue jumped 25% from a year earlier as realized LNG prices jumped almost 50%.
Santos Posts (PERSON) Oil Projects Santos Posts (ORG) Oil Projects Australian (ORG) Santos Ltd. (ORG) Pikka (ORG) Alaska (LOCATION) Barossa (LOCATION) Australia (LOCATION) Santos (PERSON) LNG (ORG)
Originally published by Bloomberg Markets Read original →

Related Stories

China Stock Rescue May Need More State Buying to Work, BI Says

China Stock Rescue May Need More State Buying to Work, Bloomberg Intelligence Says China’s national team may need to accelerate stock purchases after the benchmark notched a record losing streak, though state-backed buying alone may not be enough to put the market on a sustained recovery, according to Bloomberg Intelligence. Central Huijin Investment Co., the state-backed investor that leads China’s market stabilization efforts, raised $231 billion through ETF sales in the first half but has...

Bloomberg Markets 15m ago

Kristaps Porzingis weighs NBA future as Warriors explore trade options amid recurring POTS symptoms

Golden State Warriors center Kristaps Porzingis is away from the team indefinitely and reportedly weighing whether he has a future in basketball. Porzingis is reportedly dealing with recurring symptoms tied to Postural Orthostatic Tachycardia Syndrome (POTS), which can cause dizziness and fatigue. THE CRAIG CARTON SHOW–UNFILTERED, UNAPOLOGETIC AND UNMISSABLE.

Fox News 22m ago

Inside India newsletter: Asia’s hottest data center market aims to quell concerns over water and power use

Hello, this is Priyanka Salve, writing to you from Singapore. Welcome to the latest edition of "Inside India" — your one-stop destination for stories and developments from the world's fastest-growing large economy. India is touted as one of the hottest markets for data centers, with several U.S. Big Tech companies investing to set up capacity in the country.

CNBC 23m ago

Gold Edges Lower as Traders Weigh Mideast Signals, Fed Rate Path

Commodities Gold Edges Lower as Traders Weigh Middle East Signals, Fed Rate Path Takeaways by Bloomberg AI Gold dipped as a flareup in Middle East hostilities raised inflation risks, even as the Federal Reserve is still expected to keep interest rates steady in the near term. Bullion was trading at around $4,120 an ounce, after rising 0.4% in the previous session to snap three days of declines. Oil rose, after a US Department of State order for non-emergency US government employees and their...

Bloomberg Markets 35m ago