Adnoc's $19B Santos Bid Tests Australian Energy Path

Bloomberg

Mon, Jun 23, 2025, 9:36 PM

Australian regulators and politicians are weighing the implications of Abu Dhabi National Oil Co.'s $19 billion bid for Santos, one of the biggest foreign takeovers in the country's history. EnergyQuest CEO and former Santos executive Rick Wilkinson says maintaining domestic gas supply will be a top priority for Canberra. He discusses the significance of the deal and the impact of Middle East tensions on global energy markets on 'Bloomberg: The Asia Trade'.