Woodside's enormous gas project off the Kimberley coast of Western Australia could struggle to secure financing as banks increasingly withdraw from fossil-fuel investments.
Woodside's traditional owner partners of 30 years have criticised the land access deal behind Australia's biggest gas project, withdrawing support for its Browse expansion.
Gas giant Woodside announces it will axe at least 500 jobs from its global workforce as part of plans to cut costs by $550 million a year from 2028.
Technology
A switch to a payout based on cash flow could be announced on Thursday – a move that would lift shareholder returns over coming years as growth projects start up.
A humble 1920s weatherboard cottage that refused to be wiped out by encroaching high-rises has beaten mega-mansions to take out Australia’s best renovation of the year award. FULL LIST
World News
The sale of Woodside’s stake in Sunrise comes as its Browse gas project in Western Australia has been embroiled in a fresh environmental controversy.
World News
New documents have revealed the extent of concerns posed by the WA environmental watchdog over Woodside Energy’s Browse gas project, including the threat to whales and turtles.
An analyst predicts China will swoop in to help Timor-Leste develop its long-planned Greater Sunrise oil and gas project after Woodside sells its stake.
World News
New documents have revealed the extent of concerns posed by the WA environmental watchdog over Woodside Energy’s Browse gas project, including the threat to whales and turtles.