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Santos Limited ( (AU:STO) ) has shared an update.
Santos Limited has announced an ambitious carbon storage target, aiming to enhance its operations in carbon storage projects. This target, while not a forecast, represents a significant growth goal for the company and requires extensive collaboration with stakeholders, including customers, governments, and regulators. The projects to achieve this target are in the early planning stages, and their commercial and economic viability is yet to be confirmed.
More about Santos Limited
Santos Limited is a prominent company in the energy sector, primarily engaged in the exploration and production of oil and gas. The company focuses on providing energy solutions and is involved in various projects related to carbon storage and emissions reduction.
Average Trading Volume: 11,733,903
Technical Sentiment Signal: Sell
Current Market Cap: A$19.7B
See more insights into STO stock on TipRanks’ Stock Analysis page.