Woodside Energy will sell a 40 per cent stake in its Louisiana LNG infrastructure in a $US5.7 billion ($9.3 billion) deal with investment firm Stonepeak, as it looks to enter US production.
The future of one of Woodside's US assets remained uncertain, with boss Meg O’Neill saying the company continues to review the project amid challenges in attracting customers.
Woodside Energy has taken another small step toward simplifying its portfolio by selling its mature Greater Angostura assets in Trinidad and Tobago for $206 million.
Further delays to extend the life of the North West Shelf project off WA’s coast have been pinned on the looming federal election, with Woodside labelling the move “extremely disappointing”.
The state administrative tribunal has handed down a decision in the dispute between the Shire of Ashburton and Onslow Marine Supply Base over the decommissioning of Chevron’s gas platforms.
The Liberal Party of Australia has pledged to fast track approval of the North West Shelf project in Karratha, if elected in the upcoming federal election.
Dorado oil project minority owner Carnarvon Energy plans to hand cash back to shareholders, after the project’s majority owner Santos deferred a final investment decision over the field.
Woodside Energy has signed a deal to send 600,000 tonnes of LNG into China per year for 15 years from 2027, in a move which gives additional certainty of future supply.
An activist investor group has recommended Woodside shareholders vote against the election of three directors because of poor financial returns and failure to manage climate risks.
Woodside Energy and Baker Hughes have struck a deal to collaborate on the development of a natural gas energy generation system which captures and stores carbon.
Santos has sued US-based Apache Finance, claiming the latter should have indemnified the oil and gas company more than $130 million in taxes and penalty payments.
Some of Australia’s largest gas producers have warned they may invest elsewhere in light of ongoing delays in project approvals and social licence challenges.
Premier Roger Cook insists WA will push back against its federal counterpart if needed, with the North West Shelf project being the latest subject the two governments disagreed on.
Bhagwan Marine has reported strong growth in half-year revenue and earnings, in line with guidance released in December, and presented a positive outlook for the rest of the year.
The scale of BP’s shift away from renewables has been revealed, with the company announcing a plan to slash new energy spend by $US5 billion globally per year and ramp up oil and gas investment.
Chevron Australia director of operations Danny Woodall says Australia is in an international race for investment, as the company reviews its global operating model.
Chevron has announced a suite of leadership changes including Balaji Krishnamurthy moving from its technical center in Houston to become president of its Australian operations.
Woodside Energy has warned of flow on effects from the battle for approvals extending the life of its North West Shelf plant, after regulators pushed out the deadline for a decision.
An environmental group has accused ASX minnow Rey Resources of shirking its rehabilitation responsibilities in the Kimberley, as it prepares to sell an oil project in the area to a Chinese firm.
Activists who tried to graffiti Woodside Energy boss Meg O’Neill's house, in protest of the Burrup Hub development, have avoided jail but were fined a total of $6,500.
Woodside Energy boss Meg O’Neill has warned the company’s Australian roots are not a guarantee of future domestic investment, in a speech to the Melbourne Mining Club today.
Environment minister Reece Whitby has called for the federal government to make a decision on Woodside Energy’s request to extend the life of its North West Shelf gas plant by 50 years.
A bushfire in the Mid West temporarily delayed work at Beach Energy and Mitsui & Co’s Waitsia stage two gas plant in December, while first sales are now expected in the June quarter.
Woodside Energy delivered record production last year and remains on track to deliver gas from Scarborough next year, but uncertainty clouds two US-based energy projects.
Santos has again deferred a final investment decision at the Dorado joint venture project off the Western Australian coast, with no timeline given for a revised investment decision.
Andrew Forrest has accused the world’s plastic producers of derailing a global push for a binding treaty on pollution, in a recent letter obtained by Business News.
A development panel has approved John Poynton-chaired Strike Energy’s plan to build a multi-million-dollar power line at its South Erregulla power station.
Oil and gas heavyweight Santos has been fined $10,000 after pleading guilty over the petroleum spill at its Varanus Island gas plant off the Pilbara coast.
