No profit, falling production, inadequate maintenance, a safety plan in limbo and a big clean-up if exploration fails: challenges aplenty at the Canadian company's only offshore facility.
Santos' decommissioning liability matches a quarter of its $22b value, but its disclosures to investors fared poorly against the latest accounting standards, according to an international survey.
The WA government will soon decide whether Black Mountain Energy can frack 20 wells near the Kimberley's Fitzroy River, but promised measures to protect the environment and the rights of local people are not yet in place.
If the US miner is found to have mined too close to a large jarrah tree, it would trigger an automatic cancellation of its right to mine much of its lease.
The draft of a decision to be made in July tells the Australian Government to remove polluting industries - such as Woodside's North West Shelf plant - from the area.
The US giant, which made $8 billion in Australia in 2024, is forcing its subcontractors to follow its example and send Australian engineering jobs overseas.
The Liberals predict by 2027 WA's south-west power system will be on the verge of collapse but Labor is confident that batteries, wind and gas will come to the rescue.
WA hydrogen minister Alannah MacTiernan believes a viable green hydrogen industry will build community support for the State's economy relying less on gas.
Woodside Petroleum needs massive amounts of land for carbon offsets and the WA Government appears to be laying out an exclusive red carpet for the LNG giant.
WA's EPA is now restraining growth in carbon emissions from industry but it and State and Federal Governments need to do more to keep the State attractive to increasingly climate-concerned investors.
