Wall Street stocks have posted modest gains as investors watched developments in US-Iran peace negotiations and cheered the unveiling of a new computer chip that promises to bring artificial intelligence to personal computing.
Shell Australia has taken Woodside Energy and Paladin Resources to court over another clean-up bill to decommission Northern Endeavour, claiming $83 million in compensation.
In a writ recently lodged to the Supreme Court of WA, Shell claims it should be reimbursed for the offshore petroleum levy it paid over Northern Endeavour in the past two financial years.
Northern Endeavour was a floating, production, storage and offtake vessel used to extract oil from the Laminaria and Corallina fields in the Timor Sea, which was decommissioned in 2020.
