Time for oil and gas to sell their story

First State Super, one of the country’s top 10 funds, advised members in a recent letter that it is divesting from all companies that source 20 per cent of their operating revenue from the production,
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Santos writes down assets amid oil price downturn

Santos’s fourth quarter sales revenue for 2015 was 24 per cent below the equivalent 2014 quarter, with oil prices down 33 per cent to $61 per barrel, according to the company’s 2015 fourth
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