News Articles for Woodside Energy

As if there wasn't enough global uncertainty already, a likely price war has broken out over the price of oil.

In celebration of International Women's Day, inductees of the WA Women's Hall of Fame and the winners of the Chamber of Minerals and Energy of WA Women in Resources Awards were announced over the weekend.

The Australian stock market has shed more than $100 billion as it sinks to its lowest level in over a year, following US markets lower after a rise in the number of coronavirus cases.

Western Australia's liquefied natural gas sector has been largely unaffected to date by the COVID-19 crisis, but a new report shows travel restrictions and declining oil prices could slow development of major projects, including Woodside Petroleum and BHP's $16 billion Scarborough joint venture.

SPECIAL REPORT: Decisions are expected on three major oil and gas projects worth $24 billion combined in 2020, with more to follow.

The Australian share market has suffered its worst day in over four years, closing the day at a six-month low amid a growing panic the coronavirus outbreak will trigger a global recession.

Fortescue Metals Group chair Andrew Forrest has purchased an additional $242 million worth of shares in the company, shortly after Perth-based executives of other leading companies, including Peter Coleman, Ian Testrow and Bill Beament, also made big trades.

Woodside Petroleum and BHP have reshuffled their interests in two petroleum titles key to the Scarborough LNG project, as the companies prepare for a final investment decision this year.

Business Events Perth has announced that ‘evokeAG', Asia Pacific's largest agri-tech event, will come to Perth in February next year, the first time the event will be held outside of Victoria.

An industry consortium including Woodside and two universities has confirmed Perth will be the hub of a new remote operations centre dedicated to the space industry.

A joint venture between diversified engineering consultancy Calibre Group and indigenous company Tocomwall has been contracted by the state government to develop a monitoring program for the Aboriginal rock art on Murujuga (Burrup Peninsula).

Woodside Petroleum has won a long-running contractual dispute with Melbourne-based explorer FAR over its purchase of a stake in the Sangomar oil project, off the coast of Senegal.

Woodside Petroleum has deferred a final investment decision on the giant Browse gas project as it deals with the complexity of the planned development and unresolved commercial differences with its partners.

Roborigger has successfully raised $5 million from Blackbird Ventures, an example of a Perth-based company seeking venture capital from out of state.

SPECIAL REPORT: Bushfires on Australia's east coast will put pressure on emissions policy at a time when decisions are being made on major projects needed to boost the economy in the west.

Brookfield has celebrated the start of building work at Chevron's new $360 million headquarters at Elizabeth Quay by unveiling an investment partner in the landmark project.

The official launch of Fringe World Festival on Thursday night was interrupted by local artists protesting the festival's partnership with Woodside Petroleum.

Nine WA-linked resources businesses are ranked among the country's top 20 corporate taxpayers, despite a widespread perception the industry does not pay its way.

Drilling on phase two of the Julimar-Brunello gas development will begin this quarter as part of a US$4 billion ($5.8 billion) capital expenditure drive by Woodside Petroleum in 2020.

Businesses are facing a challenge locking in gas contracts for major projects in Western Australia, including Coogee's planned $1 billion Burrup Peninsula methanol plant, which the company is now pursuing without partner Wesfarmers.

A strong focus on developing and sustaining corporate partnerships is one factor behind Western Australia's oldest theatre company, Barking Gecko Theatre, notching up its 30th birthday.

What Christmas gave to Australian retailers, the bushfires are taking away, but there could be worse to come for shopkeepers and shopping centre owners when the latest international trends wash up here.

Woodside Petroleum is set to begin drilling for oil off the coast of Senegal, executing key contracts to begin the first phase of its $US4.2 billion ($6 billion) Sangomar project.

OPINION: WA again stands to be the beneficiary of trouble elsewhere, with local producers of lithium, gold, iron ore and hydrocarbons the likely winners.

The West African nation of Senegal has authorised its first oil development, the $US4.2 billion Sangomar offshore oil project, operator Woodside Petroleum has announced.

A $180 million project to house up to 2,500 fly-in, fly-out workers for the expansion of Woodside Petroleum's Pluto LNG plant was approved by the local joint development assessment panel in December.

An emerging battle for the future of WA's energy industry and efforts to revive Perth's street precincts have been among the defining themes of 2019.

Woodside Petroleum and power contractor EDL will team up for a 27-megawatt gas and renewable microgrid to be built at Strandline Resource's Coburn mineral sands project, which will include trucked LNG.

Our board moves wrap includes Mark Syropoulo, Cathy Moises, Kate Stoney, Bradley Marwood, Peter Bewick, Henko Vos, Abby Siew, Grant Mooney, Les Davis, Doron Nevo, Michael Soucik, Dan Smith, Swee Chen Goh, Osagie Imasogie, Lisa Gray, Oludare Odumosu, Harry Karelis, Mara Gordon, and Stewart Washer.

Our comprehensive annual survey of chief executive remuneration shows wide variation across companies.

The state government today announced it will provide $30 million in funding over five years to the The Clontarf Foundation, allowing the sports academy to operate in 30 Western Australian schools as of 2020.

A move to use lasers to perfectly load rail cars is worth about $300 million to BHP and is an example of how the area around the town of Newman is world class in applying technology to resources.

OPINION: A better year is in prospect for WA's resources-led economy but much has to go right on the international and local fronts.

Woodside Petroleum has laid out plans to triple its gas and oil reserve base which will come from more than $US36 billion worth of projects in Australia, Senegal and Myanmar over the next seven years.

A price has been set for processing Scarborough field gas at the Pluto LNG facility, Woodside Petroleum and BHP announced today, the second boost for the $15 billion project in recent weeks.

WA is uniquely equipped to become a global leader in the space industry, according to the state's scientist of the year.

Quantum computing is the next technology frontier for gas producer Woodside Petroleum, with the Perth-based business today becoming the first in Australia to join IBM's Q Network.

The Scarborough gasfields appear set to be at the heart of a development versus environment showdown that will have major political implications.

Australian Gas Infrastructure Group has been awarded a contract by Woodside Petroleum to build a gas pipeline connecting the Pluto LNG plant with the North West Shelf venture's nearby Karratha gas plant.

Woodside Petroleum said today its Scarborough gas project had a strengthened case for development after the company raised its reserves estimate by 52 per cent.