Investors beware: after spending more than $40 million in the Canning Basin, the US-owned company's continued pursuit of remote gas appears to be throwing good money after bad.
Canadian firm Vermilion judged the chance of the December spill as "rare" - the same probability it claims for seven planned exploration wells that could affect anywhere along the Pilbara coast.
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.
Woodside has found corrosion during a shutdown of the North West Shelf's LNG Train 4 that potentially is a serious concern. It is understood Woodside is now inspecting other trains for the problem.
Australia's oil and gas industry has lost the fight not to bear the full cost of cleaning up after an oil vessel in the Timor Sea with a bankrupt owner.
Woodside's Pluto net-zero 2050 plan is greenwashing, leaving 70% of cuts to the last five years despite investors telling CEO Meg O'Neill they want tangible speedy progress.
Woodside must check if corrosion on fourteen 24-tonne caissons under an offshore platform could cause them to fall onto subsea pipelines with possibly catastrophic results.
On the occasion of recent WA treasurer Ben Wyatt joining the Woodside board Boiling Cold reviews the top 10 wins for Woodside from WA Labor's first term.
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.
If CO2 from Yara's Pilbara ammonia plant is buried WA could ship a clean fuel to displace coal in JERA's Japanese power stations, but underground carbon storage has its doubters.
For every dollar Woodside saved in 2015 selling the Northern Endeavour, the oil and gas industry may have to pay back threefold after the Federal Government moved to protect ordinary taxpayers from the cost of decommissioning the vessel and oil field.
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.
WA will be home to two of the largest green hydrogen electrolysers in the world to feed an ammonia plant and inject the clean fuel into the South West gas grid.
Regulator NOPSEMA has wrested control of the schedule for cleaning up Australia's offshore oil and gas fields from tight-fisted operators in a move that may result in an offshore jobs boom later this decade.
