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Santos cuts capex budget by 26%

IN the wake of tumbling oil prices, a credit rating downgrade by Standard and Poor's and its rece...

Santos cuts capex budget by 26%

The cut from the previous 2015 capex guidance of $2.7 billion also follows a steady slide in the Santos share price, shedding 39% from $12.45 on November 24 to $7.63 yesterday. Santos managing director...

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