Last mentioned: Mar 10, 2026
Review Completion Target
Expected deadline for the conclusion of the strategic asset portfolio review.
Strategy Finalization
Policymakers and investors conclude the conference with a roadmap for Africa's green economy transition.
Keynote Address by NCCC
DG Omotenioye Majekodunmi outlines the 'Development Dilemma' and the need for simultaneous industrialization.
Green Conference 2026 Commencement
GreenPlinth Africa Limited opens the three-day summit in Lagos to address climate finance and growth.
FY25 Earnings Release
Santos officially reports a decline in profit and sales due to weak commodity prices.
Restructuring Confirmed
Management confirms job cuts and the commencement of a global asset review.
Workforce Reduction Leaks
Initial reports surface regarding a 10% headcount cut at Santos.
GreenPlinth Africa Limited’s Green Conference 2026 in Lagos has established a new framework for the continent to pursue industrialization and decarbonization simultaneously. Led by the National Council on Climate Change, the initiative aims to unlock climate finance to bridge Africa's energy gap while avoiding the carbon-intensive development paths of Western economies.
A leading Australian gas producer has announced significant workforce reductions and a comprehensive review of its asset portfolio following a sharp decline in profits. The move signals a strategic shift toward operational efficiency as the industry navigates price volatility and the ongoing energy transition.
Australian energy giant Santos Ltd has announced a 10% reduction in its global workforce and a strategic review of its assets following a significant decline in full-year profit. The restructuring aims to streamline operations and preserve capital amid a period of volatile global natural gas prices and rising operational costs.