$1.2b Kwinana clean up bill drives Alcoa Australia to a $600m loss
The US miner is also facing declining production and delayed approvals in WA, where it mines three-quarters of its bauxite.
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.
Carbon storage has gone from "high-risk" to the preferred option at the controversial gas export mega-project.
Woodside will buy Chevron's one-sixth stake in the North West Shelf project and relinquish its stake in the Wheatstone LNG project to the US major.
Australia's largest ironmaking electric smelting furnace will test technology that could secure the future of Australia's largest export.
Concerns about possible damage to adjacent World Heritage-listed rock art from the plant's emissions did not sway environment minister Reece Whitby.
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 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.
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.
Speculation is mounting of a big Woodside-BHP deal next week. There may be lessons from South32, another destination for BHP's unwanted assets.
Two Woodside offshore workers were injured when a 500kg load fell after a lifting appliance with unapproved modifications failed but Woodside reported only one injury to the safety regulator.
Woodside is now chasing investors in its $US12B Scarborough to Pluto LNG project, but they need to look beyond the headline number.
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