Santos to sack 200 employees as project approvals slow

Santos, Australia's No. 2 independent gas producer, on Wednesday said it will remove around 200 roles in Western Australia, Northern Territory, and Timor-Leste unit due to sluggish project approvals and delayed growth activities. Santos conducted a review of certain business units over the recent months in the wake of some late-life assets nearing closure and related decommissioning activities while new project approvals take longer than anticipated, it said.