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.
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.
Employees across Woodside lost their jobs today, with many more expected to follow, as chief executive Meg O'Neill chases a 30 per cent cut in operating costs.
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.
Crunch time for Australian LNG: True Paris-aligned emissions targets kill demand and ammonia hopes are too small, too late and probably green.
Peter Coleman's first move after leaving Woodside is to join the board of oil field services giant Schlumberger.
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.
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