$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.
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.
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.
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