Woodside tips in cash as Labor fights to get its employee into parliament
WA Labor has used the advantages of incumbency to raise $1.6 million since May, ahead of a by-election in the once safe seat of Secret Harbour.
The Perth-based LNG specialist operates the North West Shelf and Pluto LNG projects and is developing the Scarborough and Browse fields. It also has a 50 per cent stake in ExxonMobil's Bass Strait operation and substantial interests in the US and Mexico.
A report for Woodside on the effect of LNG imports on Asian emissions sees gas and coal fighting for a shrinking market share as renewables grow.
Two of the biggest players in WA’s gas-propelled economy, Woodside Petroleum and Alcoa, are starting to look to renewables to slash their gas use as doubts rise about how big a role the fossil fuel will play in the transition to clean energy.
The next wave of LNG investment off WA will be subject to more government direction under a “use it or lose it” approach.
Woodside’s Sunrise LNG project remains stalled as East Timor dismisses incentives to send the gas to Darwin.
Maintenance cutbacks and pressure to resume production made the Northern Endeavour oil vessel a dangerous place to work.
Some of the biggest oil and gas companies in the world are playing an expensive game of brinkmanship in the North West of WA.
Buck-passing between oil giants over who pays for the upkeep of the ageing North West Shelf LNG plant has emerged as the biggest hurdle to Woodside sending its Browse gas to the facility.
Woodside and ConocoPhillips are gravitating toward the cheapest development options for their Browse and Barossa gas fields to compete with low-cost Qatar.
A subsea oil well that leaked for up to two months off the Pilbara coast in 2016 belonged to the Woodside-operated North West Shelf project.
Woodside chief executive Peter Coleman believes WA has enough gas to keep the North West Shelf LNG plant exporting and the local market supplied.
Woodside does not support the use of artificial structures aimed at avoiding or minimising tax, the company’s CFO told a Senate inquiry.
WA cannot match Asian shipyards for large LNG trains, according to Woodside's Mike Utsler, and most work will be done overseas.
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