Australia's Queensland Supreme Court ruled Monday that Fluor (NYSE:FLR) must pay ~A$692M (US$451) to Santos (OTCPK:STOSF) ...

Santos and a group of its joint venture partners have secured a $692m court victory relating to a construction dispute at its Gladstone LNG project in Queensland.

The Queensland Supreme Court has ruled global EPC firm Fluor must pay approximately A$692m to Santos and its co-venturers ...

Although a final judgment is not expected until later this year, Fluor Corporation (NYSE: FLR) acknowledges the August 8, ...

Australia Pacific LNG has called on the Albanese government to force all east coast LNG exporters to contribute directly to ...

Although a final judgment is not expected until later this year, Fluor (FLR) acknowledges the August 8 decision in favor of Santos by the Supreme Court of Queensland regarding a legal dispute over the ...

"It's very important to get (Gladstone) up and running. But the challenge is beyond the current wave of LNG projects. The outlook beyond that looks very difficult," said UBS analyst Nik Burns.

Santos Ltd. has signed a heads of agreement with its Gladstone LNG project partner Petronas of Malaysia to sell 2 million tonnes/year of LNG from the project to Petronas with an option of an ...

The Gladstone LNG Project The integrated LNG project consists of producing natural gas from the Fairview, Arcadia, Roma and Scotia fields, located in the Bowen-Surat Basin in Queensland, Australia.

Santos is the operator of Gladstone LNG with a 30% interest; Petronas and Total have 27.5% each and Korea Gas Corporation 15%.

The project company Gladstone LNG Pty Ltd (GLNG) is intending to develop a mid-scale (1.5 million tonne per annum) liquefied natural gas plant in the Port of Gladstone, Australia.