Woodside Petroleum has posted a rise in annual net profit and says sales revenue was down on lower commodity prices despite a positive boost from foreign exchange movements.
THE global financial crisis was a tough time for most businesses, none more so than sporting clubs that discovered the risks of choosing the wrong sponsor.
Woodside Petroleum has today reported that 68 per cent of its shareholders participated in the retail component of a $2.5 billion rights offer, prompting the company to bring forward a retail bookbuild.
A small portion of the striking workers at Woodside Petroleum's Pluto project have staged a protest at the operation's gates as the company prepares to sue the Construction, Forestry, Mining and Energy Union and its assistant Joe McDonald.
GAS heavyweight Woodside Petroleum could know within days whether it has enough gas to underpin a $20 billion expansion of its new Pluto LNG project on the Burrup Peninsula.
Woodside Petroleum has brought into question the effectiveness of the new workplace relations system after the majority of the workforce at the $12 billion Pluto project voted to extend an illegal strike to Saturday.
Woodside Petroleum's plan for a second gas processing train at its Pluto project has been bolstered by a gas find in the Greater Pluto area as up to 1,500 Pluto workers took to the streets of Karratha to protest against a "motelling" plan.
Up to 2,000 workers from Woodside Petroleum's $12 billion Pluto project have taken to the streets of Karratha to demonstrate their anger over the company's plans to implement a "motelling" arrangement.
Woodside Petroleum and its joint venture partners in the Browse Basin project have accepted renewal offers for the project's retention leases offered by the state and federal governments.
Woodside Petroleum says it will not reverse a decision to change new accommodation arrangements at its $12 billion Pluto gas project despite workers today going on an illegal 48-hour strike.
Woodside Petroleum's credit ratings are under pressure after the oil and gas producer said costs at its Pluto LNG project had blown out by up to 10 per cent.
Woodside Petroleum has split the front-end engineering work for its Pluto expansion project by awarding dual contracts for trains 2 and 3 to KBR and its existing joint venture contractors FosterWheeler and WorleyParsons.
Woodside Petroleum remains confident of pushing ahead with its fast-tracked expansion of its Pluto liquefied natural gas project, despite missing out on third party gas supply agreements to rival LNG developer Chevron.
NO matter which way you cut it, the 2008-09 financial year was a shocker for investors in local companies, with only 110 of the 730 or so Western Australian-listed companies managing a positive return of any sort.
THE global financial crisis had a marked impact on Western Australia's engineering contractors during the year as the slowdown forced resources companies to scale back and defer numerous new developments and expansions.
Woodside Petroleum chief executive Don Voelte said the company had suggested a range of exit options to its wavering partners in the $30 billion Browse LNG venture to facilitate the timely delivery of the massive project off the Kimberley coast.
Woodside Petroleum expects to treble production from its Pluto LNG project at the Burrup Peninsula by 2014, after formally starting front end engineering and design work for two additional production trains at the site.
The Broome Port Authority has signed a leasing agreement with Woodside that it hopes will position Broome as the major supply base for future gas projects off the Kimberley coast, including Woodside's proposed Browse Basin project.
IS the commercial centre of the Pilbara moving west? BHP Billiton's proposed merger of its iron ore operations with those of Rio Tinto is the latest indication of the dynamic shift under way in the north-west, one that will tend to favour Karratha as the
WHEN Celebrate WA announced Western Australia's Citizen of Year awards for 2009 two weekends ago the presence of the University of Western Australia would not have escaped the attention of many.
DESPITE a major spat with federal Liberal deputy leader Julie Bishop, political observer Peter van Onselen still puts her in his top 10 most influential Western Australians.
Shares in CO2 Group surged after Woodside Petroleum substantially increased its carbon offset program by $75 million to offset emissions for its $12 billion Pluto liquefied natural gas project.
Woodside Petroleum says there is potential to build another five liquefied natural gas (LNG) processing trains on the Burrup Peninsula, doubling the size of what is already Australia's most valuable resources precinct.
Woodside Petroleum has entered a deal with Apache Corporation for the supply of gas from two Western Australian fields for a second processing train at its Pluto liquefied natural gas (LNG) facility.
Woodside Petroleum says production at its Vincent oil project will resume production at the end of June after a fire at its processing facility earlier this month.
Woodside Petroleum announced today that the Kimberley LNG hub was its preferred site for developing its Browse Basin gas fields, even though its joint venture partners have not yet made a decision.
The petroleum safety watchdog has sent two inspectors to investigate a fire at a Woodside Petroleum-operated facility in the Vincent oil field off the state's northwest coast.
Woodside Petroleum says it will issue $US1 billion in corporate bonds in the United States in a bid to repay short term debt and for capital expenditure.
South Perth-based Nomad Building Solutions Ltd has secured nearly $50 million worth of contracts for work at Rio Tinto's Brockman 4 iron project and Woodside Petroleum's Pluto operation.
Woodside Petroleum Ltd said the introduction of the government's emissions trading scheme will more than double the operating costs of a liquefied natural gas project.
Perth-based Woodside Petroleum Ltd and US company Apache Corp are increasingly likely to strike a gas supply arrangement over the expansion of the Pluto gas project.
