Woodside, Santos Investors Reject Oil and Gas Wind-up Resolution
Almost one-fifth of votes cast ahead of Woodside Petroleum’s annual meeting and 13% of votes of Santos were in favor of the resolution proposed by shareholder activist group pushing the company to get out of oil and gas.
Woodside Names Meg O’Neill Acting CEO after Peter Coleman Retires Ahead of Plan
Peter Coleman, who took the helm at Woodside Petroleum in May 2011 to steer it through two oil price crashes, had said he planned to retire in the second half of 2021.
Australia’s Santos Gives Go-ahead for $3.6 Billion Barossa Gas Project
Santos said the approval would also kickstart a $600 million investment to extend the life of the Darwin LNG plant by 20 years.
Shell Hunts for Hydrogen Opportunities in Australia in Net Zero Push
Australia has mapped out a hydrogen strategy with plans to become an exporter by 2030,
Woodside Sells First Carbon Offset Condensate Cargo from Australia
Woodside Petroleum Ltd. and its Japanese partners have shipped their first cargo of carbon offset condensate to commodity trader Trafigura from the Pluto LNG plant in Western Australia, the company said on March 15.
Venture Starts Producing Hydrogen from Dirty Coal in World-first Trial
The plan is to create the first international supply chain for liquefied hydrogen from brown coal and the next big step will be to ship a cargo on the world's first liquefied hydrogen carrier.
Australian Oil Industry Looks to Cut Costs on Offshore Decommissioning
The Center of Decommissioning Australia aims to help the industry build local expertise, come up with dismantling plans and cut costs.
S&P Revises Woodside’s Outlook to ‘Negative’ on Energy Industry Risks
However, S&P Global Ratings reaffirmed Woodside’s long-term issuer credit rating of “BBB+” on hopes that the energy company’s high exposure to LNG and low-cost assets could somewhat counter the risk.
Australia’s Woodside Assessing Impact of Myanmar Coup on Offshore Drilling Plan
Woodside has been working with Total SA and Myanmar-based MPRL E&P to develop Myanmar’s first ultra-deepwater gas project.
E&P Plus: January 2021 International Drilling Activity Highlights
Check out the latest oil and gas drilling activity highlights from around the world including a new gas condensate find in the Norwegian Sea by ConocoPhillips plus Equinor’s latest oil discoveries offshore Newfoundland, Canada.