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Santos Reports $1.224B Profit, Advances CCS and Climate Targets Amid Production Dip

3:28am on Monday 2nd of June, 2025 AEST Mining
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Santos Reports $1.224B Profit, Advances CCS and Climate Targets Amid Production Dip

3:28am on Monday 2nd of June, 2025 AEST
Key Points
  • 5% decrease in production volume to 87.1 mmboe
  • 9% decline in sales revenue to US$5.4 billion
  • Net profit of US$1.224 billion, down 14% from 2023
  • Successful start-up of Moomba CCS project storing 340,000 tonnes of CO2e
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