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Tag: Woodside Energy

Woodside exceeds earnings and dividend forecasts, strong interest in selling Driftwood stake evident

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Woodside exceeds earnings and dividend forecasts, strong interest in selling Driftwood stake evident

By Himanshi Akhand and Lewis Jackson (Reuters) – Australian company Woodside Energy reported a 14 percent drop in its half-year profit on Tuesday due to lower oil prices. However, earnings and dividends were better than the market expected, so the share price rose 4 percent. Chief Executive Meg O’Neill said there had been strong interest […]

Lawsuit against $12.5 billion gas project dropped, first LNG cargo planned for 2026

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Lawsuit against .5 billion gas project dropped, first LNG cargo planned for 2026

Australian energy giant Woodside has reached an agreement with the Australian Conservation Foundation (AFC) to ensure that a two-year legal battle over preliminary environmental approval for its massive energy project off the coast of Australia is dismissed. Illustration of the Scarborough FPU; Source: Woodside The ACF, represented by the Environmental Defenders Office, initiated legal proceedings […]