News

Australia's Santos reports 33% drop in Q3 revenue

Natural Gas World - Latest News · last updated

Australia's Santos reports 33% drop in Q3 revenue

-
Natural Gas News
Australia's Santos reports 33% drop in Q3 revenue

Summary

Revenue rose 7.5% quarter/quarter, however. by: Shardul Sharma

Australian energy company Santos on October 19 reported a 33% year/year drop in third-quarte...

Revenue rose 7.5% quarter/quarter, however. by: Shardul Sharma

Australian energy company Santos on October 19 reported a 33% year/year drop in third-quarte...

Related Knowledge Center: ENERGY BASICS: petroleum

State of Play

While electric-powered vehicles may be the ride of the future, oil remains at least for now the dominant fuel for transportation around the world. And after a period of time at the end of the 20th century when oil was subject to wide fluctuations in price, new supplies in North America as a result of non-conventional recovery techniques have helped stabilize prices.

More informationabout ENERGY BASICS: petroleum