Woodside Petroleum has told shareholders that it plans to substantially increase its exploration spending and seek new partnerships, despite plunging prices caused by a gas glut in the United State
Giant liquefied natural gas projects like Gorgon and Pluto dominate coverage of the oil and gas sector, yet there are plenty of other developments under way.
Shell's development of a world-first floating LNG project off the Kimberley coast is likely to be a game changer for the industry, allowing extensive ‘stranded' gas assets to be developed.
Woodside Petroleum has struck a $2 billion deal to sell part of its stake in the proposed Browse LNG development, in a move that will add to speculation the gas will be piped to the North West Shel
Woodside Petroleum says it will soon be loading first gas for export from its Pluto LNG project, after commencing production at the $14.9 billion operation near Karratha.
Woodside Petroleum and its joint venture partners have been given an extra year to finalise their plans for the $30 billion Browse liquefied natural gas project near Broome.
Woodside Petroleum plans to look internatonally for new growth opportunities, after reporting a solid rise in underlying profit but little progress on its major growth projects in Australia.
Woodside Petroleum denies it is looking to sell a major part of its stake in the proposed Browse basin liquefied natural gas project, but has confirmed it is evaluating the potential sale of a mino
Five years of WA salary surveys show some chief executives appear to be remarkably well paid relative to the size of their business and the returns they have delivered, while others offer great value for money.
THREE trends stand out when the salary packages of newly appointed chief executives at Western Australian companies are examined.First,the bigger the company the higher the salary.
Woodside Petroleum has released an environmental study on the offshore component of its Browse liquefied natural gas project for public review that shows most activities associated with the develop
Woodside Petroleum says talks with other gas owners about buying volumes to underpin an expansion of its Pluto liquefied natural gas project in Western Australia are edging closer to completion.
Investors dumped Woodside Petroleum shares today after it revised up construction costs and cut full year production guidance due to further delays in the shipment of first liquefied natural gas from its Pluto project.
Incoming Woodside Petroleum chief executive Peter Coleman said today he would focus on delivering on the company's established strategy, including work on its three major growth projects Pluto, Browse and Sunrise.
UPDATE: Woodside Petroluem chief executive Don Voelte has echoed BHP Billiton in hosing down speculation that the multinational mining giant was about to embark on a takeover bid for the oil and gas producer.
Engineering and construction firm Forge Group is searching for a new managing director, after its current boss, Peter Hutchinson, stepped down in a move he says will drive the company's next phase of growth.
Tap Oil has trumped Woodside Energy's efforts to buy into the WA-351-P natural gas exploration permit in the Carnarvon Basin, after it exercised its pre-emptive right to acquire an additional 20 per cent interest in the permit.
Delays and cost blowouts at Woodside Petroleum's Pluto LNG project have resulted in international ratings agency Standards and Poor's downgrading Woodside's credit rating to BBB+ from A-.
HE role of chairman at Australian public companies has traditionally been reserved for experienced industry professionals tired of working in an executive capacity and who are keen to bring an independent viewpoint to the company boardroom.
Australia's resources-led economic recovery has had a major impact on the pay of WA-based executives, with a big rise in the number of million dollar pay packets as share prices bounced back from GFC lows.