By assuming operating control of east coast’s Australia most important energy source from ExxonMobil, Woodside takes responsibility for the Bass Strait gas production assets and associated gas plants.
Sean Smith
The Australian oil and gas sector is paying taxes and royalties equivalent to the entire cost of the cherished Pharmaceutical Benefits Scheme, according to a lobby group.
Adrian Rauso
Woodside has taken a $170m hit exiting an American hydrogen project while the company has also revealed it must rethink decommissioning plans for old oil and gas fields.
Matt Mckenzie & Simone Grogan
Carnarvon Energy is taking up a 19.9 per cent stake in gas play Strike in a deal seen underpinning the latter’s $300 million expansion in the Perth Basin.
Environment Minister Murray Watt says the addition of Murujuga rock art to the World Heritage list over the weekend won’t affect his pending decision on the future of the nearby North West Shelf gas plant.
Katina Curtis
Roger Cook will warn Western Australia is in danger of missing an ‘incredible’ opportunity to lead the world’s energy transition, as he urges industry heavyweights to help him pick up the pace.
Jessica Page
A Fair Work Commission ruling in favour of unions against BHP has left WA’s mining and energy companies scrambling to figure out what the landmark decision means for them.
Murray Watt has taken a swipe at ‘politically driven’ groups seeking to impact the Government’s bid for the World Heritage Committee to recognise rock art near the North West Shelf gas project.
Caitlyn Rintoul
OPEC+ will increase oil production even more rapidly than expected next month, as the group led by Saudi Arabia seeks to capitalise on strong summer demand in its move to reclaim market share.
Bloomberg
The Premier is embarking on his third overseas trip in three months, flying to Japan this weekend to talk up the State’s energy transition.
American oil and gas giant Chevron is wielding the axe on hundreds of WA jobs after months of speculation.
Matt Mckenzie
Louisiana is the latest US state to redefine natural gas as green energy - a move described by environmental groups as 'Orwellian green-washing'.
Jack Brook and Jennifer McDermott
Shell has denied a Wall Street Journal report that it is in active talks about acquiring its London-based oil rival BP.
Some of the largest mining and energy companies in Western Australia are likely caught up in a cyber hack that allegedly saw huge amounts of data pilfered from a Bibra Lake business.
Meg O’Neill remains optimistic that Woodside Energy can bring more partners into the Louisiana LNG project after finalising a deal with private equity fund Stonepeak.
Matthew McKenzie
Jim Chalmers has moved to get ahead of looming fuel price pain by ordering the corporate watchdog to keep an eye on petrol bowsers, as Middle East tensions send oil markets on a rollercoaster.
Oil extended a slump as US President Donald Trump announced a tentative ceasefire between Iran and Israel.
Australians could be set for renewed pain at the bowser after US President Donald Trump stepped in to the raging conflict between Israel and Iran, with a shock weekend aerial strike.
Roger Cook has warned WA drivers to brace for higher petrol prices, in the wake of the latest escalation of conflict in the Middle East.
Jessica Page and Oliver Lane
If Iran moves to blockade the Strait of Hormuz, prices could spike, but analysts see that scenario as unlikely for now
Evan Halper, Joshua Partlow
Markets were jolted by the US launching strikes on Iran’s nuclear sites over the weekend, a sharp escalation that sent oil prices surging and the US dollar higher in early trading.
Matthew Burgess and Ruth Carson
Shell has contingency plans in case the conflict between Israel and Iran disrupts flows from the region, warning that a potential blockage of the Strait of Hormuz could deliver a substantial shock.
Malaysia’s national petroleum company Petronas has signed an early-stage deal to buy LNG from Perth giant Woodside Energy until the mid 2040s.
Escalating Middle East tensions pose the threat of renewed cost of living pressure just as the Reserve Bank turns attention to easing interest rates and boosting the sluggish economy.
