BP has stood down contractors working on its biofuel plant just weeks before discovering if its adjacent green hydrogen project will win $1 billion of government backing.
Australia's largest export has a problem - its low grade and high impurities make it unsuitable for producing low emissions iron and steel with current technology
Offshore regulator NOPSEMA has had enough of BHP's "limited action" and ordered the decommissioning of three fields, adding to the cleanup bill heading towards Woodside shareholders.
Woodside and BHP have responded to the energy transition by heading in opposite directions. Here are 13 takeaways about Woodside's future. They will need some luck.
If Woodside absorbs BHP's oil & gas assets new laws ensure the massive decommissioning liability falls to one of the companies, not the Australian taxpayer, unlike the Northern Endeavour.
BHP and Woodside are negotiating the complete transfer of BHP oil and gas assets in exchange for Woodside shares, but the deal is not done, indicating last-minute brinksmanship across the negotiation table.
Buying BHP’s Australian oil and gas assets could allow Woodside to escape its lost decade, but its shareholders and Australian taxpayers should count their fingers after the handshake.
WA's iron ore miners must develop wind power and drop decades of rivalry to share transmission networks to meet their emissions reduction targets, according to Alinta Energy.
BHP's climate target excludes the Bass Strait, North West Shelf and future Scarborough LNG on the incorrect basis that the operator controls the emissions, not the joint owners.
Bass Strait partners ExxonMobil and BHP must plug 180 wells, dismantle ten platforms and tackle life-threatening corrosion after intervention by offshore safety regulator NOPSEMA.
In the race to decarbonise iron ore shipping Rio and BHP are chasing incremental improvements with LNG while Andrew Forrest's Fortescue wants zero-emission green ammonia ASAP.
