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Woodside Energy News

 

JERA Sees Muted Impact on LNG Prices from Potential Strike in Australia

Sep 07, 2023

Japan's JERA, one of the world's biggest buyers of liquefied natural gas (LNG), expects a muted impact on the market from a potential strike in Australia thanks to high stocks and low seasonal demand, a top executive said on Thursday.'I think the real impact is not much…

Woodside's Unions Settlement Costs at Australia LNG Project Moderate - CEO

Sep 05, 2023

Woodside Energy faces increased costs following negotiations with unions at its Australian liquefied natural gas (LNG) plant, but these will have a relatively modest impact on its overall business, CEO Meg O'Neill told Reuters on Tuesday.Last month…

Australia LNG Strikes Would Need to Last Over a Month to Spike Prices, Analysts Say

Aug 22, 2023

Threatened strikes by workers at Australian liquefied natural gas (LNG) providers would need to last more than a month to significantly push up global prices, analysts said this week.The Woodside Energy and Chevron operations supply about 10%…

Asian Buyers May Seek US LNG if Australian Disputes Worsen

Aug 22, 2023

Major Asian buyers of LNG could seek US cargoes in the coming weeks if worker-related disputes at key LNG facilities in Australia escalate, analysts said, as electricity demand continues surge due to warm weather.Uncertainty over labour disputes…

Diamond Offshore's Ocean Apex Starts Drilling off Australia

Aug 21, 2023

Offshore drilling contractor Diamond Offshore announced its semisubmersible rig Ocean Apex has commenced a two-well drilling campaign for Woodside Energy in Australia.The rig recently underwent a five-year special periodic survey at the Seatrium…

How Would a Strike at Australian LNG Facilities Affect Gas Markets?

Aug 11, 2023

Chevron and Woodside Energy Group said on Thursday they are holding talks with unions to avert strikes at Australian liquefied natural gas (LNG) facilities that together account for around 10% of global production.Concerns over industrial action…

Woodside Returns Trinidad Offshore Exploration Block Found Uneconomic

Jul 13, 2023

Australia's Woodside Energy Group has returned a deepwater block to the Trinidad and Tobago government after an exploration appraisal found it would be uneconomic to develop, a company spokesperson said on Wednesday.Trinidad and Tobago is pushing…

Woodside Energy Awards Offshore Decommissioning Contracts

May 30, 2023

Woodside Energy has now awarded all the major contracts for the decommissioning of subsea infrastructure at the Enfield, Griffin, Stybarrow and Echo Yodel oil and gas fields offshore Western Australia.Finalisation of the contracts supports commencement…

Woodside Directors Re-elected Despite Climate Strategy Concerns

Apr 28, 2023

Woodside Energy Group Ltd's WDS.AX shareholders on Friday supported its management pay report and re-election of directors despite a strong push by activist groups and some smaller investors upset over its climate report to reject the plans…

Woodside Hikes Dividend after Record Profit, Shares up

Feb 27, 2023

Woodside Energy lifted its final dividend on Monday after reporting a more than tripling of profit on a beefed-up oil and gas portfolio following its merger with BHP's petroleum arm and surging oil and gas prices, sending its shares over 2% higher…

Woodside Energy Delivers LNG from Australia's North West Shelf to Europe

Nov 28, 2022

Australian oil and gas company Woodside Energy said Monday it had delivered an LNG cargo to Europe on board the Woodside Rees Withers LNG carrier from Australia’s North West Shelf. The cargo of approximately 75,000 tonnes of LNG (100 million cubic meters of natural gas) was delivered on November 27…

Woodside CEO O'Neill Becomes APPEA Chair

Nov 17, 2022

The Australian Petroleum Production & Exploration Association (APPEA) has appointed Woodside's CEO of Meg O’Neill as Chair, and Beach Energy's CEO Morné Engelbrecht as Vice-Chair following APPEA’s annual general meeting in Perth on Wednesday…

Woodside Lifts Output Forecast as Revenue Soars

Oct 20, 2022

Woodside Energy Group Ltd raised its annual production outlook on Thursday after posting record revenue as it benefited from firmer energy prices and its merger with BHP Group's petroleum assets, sending its shares soaring.The company became…

Chevron Gets Stakes in Australian CCS Schemes

Sep 09, 2022

Oil major Chevron has announced it is part of three joint ventures that have been granted permits to undertake evaluation and appraisal work for the potential storage of carbon dioxide offshore Australia.The blocks, including two in the Carnarvon…

Woodside in Talks to Sell Stake in Scarborough Gas Field

Aug 29, 2022

Woodside Energy Group is in talks with 'high quality' companies looking to buy a stake in its $5.7 billion Scarborough gas project, but won't sell unless it gets the right price, Chief Executive Meg O'Neill said on Tuesday.The company has been…

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