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BHP, Woodside agree to merge energy assets
BHP Group and Woodside Petroleum Ltd. approved investment in a $12 billion Australian gas project, and the companies also confirmed details of a merger to combine their energy assets. BHP Group and Woodside Petroleum Ltd. approved investment in a $12 billion Australian ...
Updated: 11/22/2021
Lawmakers send letters to Woodside to delay project off Western Australia
MELBOURNE Reuters - Lawyers for the Conservation Council of Western Australia have sent letters to Woodside Petroleum and the country's natural gas project. MELBOURNE Reuters - Lawyers for the Conservation Council of Western Australia have sent letters to Woodside Petroleum and the country's energy minister to try to delay or stop the company's natural ...
Updated: 11/19/2021
Woodside Petroleum sells 50% stake in planned expansion of $12 billion gas plant
The logo for Woodside Petroleum, Australia's top independent oil and gas company, is adorning a promotional poster on display at a briefing for investors in Sydney, Australia on May 23, 2018. The logo for Woodside Petroleum , Australia 's top independent oil and gas company,...
Updated: 11/15/2021
Woodside cuts value of gas reserves in Western Australia
The Woodside Petroleum company of Australia on Friday cut the proved and probable gas reserves estimate for its Greater Australia by about 10%, causing the second reserves downgrade in a month and causing a drop in a week and causing an drop in its shares. The ...
Updated: 11/05/2021
Australia's energy sector consolidates amid global push to decarbonize
... company's oil and gas portfolio. We see there being really strong value and returns to be created for shareholders over the next decade and likely beyond that, he said. But BHP is now spinning the business off through an all-stock merger with compatriot Woodside Petroleum amid a growing global push to decarbonize. BHP had also planned to sell its thermal coal business for an appropriate price, according to a source familiar with the matter. But it is struggling to find buyers for some of its assets. The company ...
Updated: 10/24/2021
China's energy prices set to hurt Asian stocks
... reverberating throughout global supply chains. Companies that produce and export gas for the region will be clear beneficiaries of surging prices, while those importing, consuming and distributing stand to lose. Its likely winners include Australia s Woodside Petroleum and Malaysia s Petronas Gas Bhd. China Gas Holdings Ltd. Hong Kong and China Gas Company and Kunlun Energy Co. are on the other hand gas distributors as China Gas Holdings Ltd. and India 's Oil and Natural Gas Corp. will be under pressure....
Updated: 09/29/2021
Woodside handing $3. 9 B oil and gas decommissioning liabilities to BHP
Woodside handing unexpectedly small $3.9 billion clean-up tab to BHP Group in oil merger MELBourNE Reuters - Woodside will transfer a smaller than expected $3bn in oil and gas decommissioning liabilities to Woodside on Monday, merges its petroleum business with Woodside handing unexpectedly small $3.9 billion clean-up tab to BHP Group in oil merger MELBOURNE Reuters - Woodside will transfer a smaller than expected $3.9 billion in oil and gas decommissioning liabilities to Woodside when it merges its petroleum ...
Updated: 09/14/2021
BHP Group shares drop on $40 B oil and gas merger with Woodside
MEGAN - Shares in BHP Group Ltd. and Woodside Petroleum fell on Wednesday as investors digested details of the $40 billion merger of the Perth-based oil and gas group with BHP's petroleum arm, with some questioning the value of the deal for Woodside. MEGAN - Shares in BHP Group Ltd. and Woodside ...
Updated: 08/18/2021
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