CERAWEEK-Australia's Santos to raise investment in US
Reuters
Mar 11
CERAWEEK-Australia's Santos to raise investment in US
HOUSTON, March 10 (Reuters) - Australian energy group Santos STO.AX will look to increase investments in the United States because of current policies, CEO Kevin Gallagher said on Monday.
US President Donald Trump is seeking to maximise domestic oil and gas output, and has overturned many of the policies of his predecessor Joe Biden that aimed to spur a transition to a lower-carbon economy.
(Reporting by Curtis Williams, Writing by Simon Webb)
((simon.webb@thomsonreuters.com;))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.