Turning Driftwood into LNG gold: Woodside expands in the US
Woodside Energy has a new name for its latest US LNG interest and is targeting a final investment decision some time next year for the Louisiana-located project.
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Woodside targets US expansion with billion-dollar investments
Woodside Energy (ASX:WDS) continues to reinforce market sentiment that it is moving towards a "Life After Australia" in the US. The latest indication came during a major investor briefing held on Monday in New York, where it was clear the company is aiming for faster growth in the US than anywhere else.
Read MoreLower oil prices hit Woodside
Lower oil and gas prices saw Woodside Energy (ASX:WDS) report a 14% drop in underlying after tax net profit to $US1,632 million, down 14% on the corresponding period in 2023.
Read MoreWoodside targets low-carbon future with US ammonia plant
Woodside (ASX:WDS) has stepped up its investment in the US, adding a planned ammonia-producing business to what could be a huge LNG project. Both investments are in the US state of Texas and will total over $US5 billion—and more when the cost of the LNG plant is finally announced.
Read MoreAustralia’s Woodside Energy acquires $2.35bn low-carbon ammonia project in Texas from OCI Global
Woodside Energy (ASX:WDS), Australia's largest oil and gas developer, has announced its second acquisition of US assets within weeks. The Perth-based company has agreed to pay $2.35 billion for a low-carbon ammonia project in Texas from OCI Global. This follows Woodside's $1.2 billion takeover of the struggling US liquefied natural gas developer Tellurian in late July.
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Woodside faces investor disappointment amid weaker quarterly and half-year results
Investors gave a mini-thumbs down for what was a weak quarterly and half-year production and revenue update on Tuesday.
Read MoreWoodside shares dip amid mixed earnings report and production challenges
Woodside (ASX:WDS) shares were down nearly 3% at one stage on Tuesday after the company released a solid-looking June quarter report but a not-so-solid six-month update with a big hint of a sharp drop in interim earnings.
Read MoreWoodside Energy to acquire US LNG developer Tellurian in $1.2bn deal
Woodside Energy (ASX:WDS) has announced its acquisition of struggling US liquefied natural gas (LNG) developer Tellurian for $1.2 billion. This deal is set to transform the Australian company into a “global LNG powerhouse.”
Read MoreWoodside acquires Tellurian for $1.2 billion
Woodside (ASX:WDS) has announced its acquisition of the small U.S. LNG company Tellurian for what appears to be a very costly $1.2 billion.
Read MoreWoodside inks new supply deal with Taiwan’s CPC
Shares of Woodside Energy (ASX:WDS) have increased today following the announcement of a significant supply agreement with Taiwan’s CPC Corp, a major player in the petrochemicals industry.
Read MoreWoodside’s slow start in 2024
Woodside Energy (ASX:WDS) has had a slow start to its 2024 financial year, with weak production and product mix resulting in a double-digit drop in revenue for the three months to March.
Read MoreBank PEs and analysis of Woodside Energy, Dicker Data, AGL Energy
Fund Manager Chris Pedersen discusses Woodside Energy Group, Dicker Data, AGL Energy and bank valuations.
Read MoreWoodside Energy reports decline in profits amidst production challenges
Similar to Santos last week, the profit decline reported by Woodside Energy was anticipated after the company detailed its production and sales performance in January's December and full-year report.
Read MoreRelief as Woodside-Santos merger falls through
The mooted merger between Woodside (ASX:WDS) and Santos (ASX:STO) was abandoned yesterday, eliciting relief more than anything else.
Read MoreWoodside abandons $70 billion Santos merger
The marriage between Woodside (ASX:WDS) and Santos (ASX:STO) was called off just before midday on Wednesday.
Read MoreWoodside Energy eyes revenue boost in 2024
Woodside Energy (ASX:WDS) is optimistic about a modest increase in revenue this year following a 2023 shortfall in turnover, primarily due to weaker gas and oil prices.
Read MoreFortescue and Woodside hydrogen projects face uncertainty
In a surprising turn of events, Australian companies, Fortescue (ASX:FMG) and Woodside (ASX:WDS), find their ambitious hydrogen projects hanging in the balance following proposed rule changes by the United States. These changes could potentially exclude them from accessing cash incentives under the Inflation Reduction Act (IRA), worth billions of dollars.
Read MoreLooking into the Woodside and Santos merger
Woodside Energy (ASX:WDS) and Santos (ASX:STO) have officially confirmed media reports that both companies are engaged in preliminary discussions regarding a possible merger.
Read MoreEndeavor sets benchmark for Santos takeover
The possible sale of major US independent energy group Endeavor Energy Partners provides a timely yardstick for the pricing of the potential takeover of Santos by Woodside Energy.
Read MoreAMP, Woodside and GUD
Fund Manager Chris Pedersen talks about where to look for growth, looks at ASX100 Aug winners and ASX100 Aug losers, and takes a look at AMP (ASX:AMP), Woodside (ASX:WDS) and GUD Holdings (ASX:GUD).
Read MoreWoodside Energy reports record first-half profit
Woodside Energy (ASX:WOO), driven by a surge in oil and gas production following its merger with BHP's petroleum business last year, has posted a remarkable 6% rise in first-half profit, reaching a record high.
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Rio Consolidates Spot Atop the Iron Ore Heap
The March quarter saw Rio Tinto retain its position as the world’s biggest iron ore company, while major rivals BHP and Brazil’s Vale marked time or lost ground.
Read MoreAll Bubbles, No Troubles for Woodside
Just like rival Santos, Woodside more than tripled full-year net profit for 2022, thanks in a large part to the added capacity from a merger – in this case, BHP’s petroleum business.
Read MoreSunrise Appeal Slowly Dawning on Woodside
Woodside has softened its opposition to the Greater Sunrise LNG Project, announcing a viability study to test if the project can supply Timor-Leste as efficiently as it could Australia.
Read MoreOperational Snags Drag on Woodside
Woodside Energy shares were weaker Tuesday after the company lowered production guidance for 2023, thanks mainly to a number of operational problems.
Read MoreOz Energy Giants Cooking on All Burners
Strong quarterlies from the country’s two major oil and gas groups Woodside and Santos on Thursday – thanks in part to the big takeover each has made in the past year.
Read MoreWoodside Working Both Ways in LNG Market
Woodside has signed on with US-based Commonwealth LNG to source product it will now sell to German utility Uniper, formerly Europe’s biggest buyer of Russian gas.
Read MoreBig Dividend the Cherry on Top for Woodside Holders
As expected, Woodside Energy has reported a five-fold increase in net profit for the six months to June 30 and boosted dividend payout to shareholders to record levels as a result.
Read MoreWoodside, Santos Join the Petroleum Profit Party
The June quarter and half-year revenue performances by Woodside and Santos were stunning, thanks to the strength in oil and gas prices and the completion of two company-boosting takeovers.
Read MoreWoodside-BHPP Marriage Comes with Hefty Dowry
Woodside Energy says it has completed its merger with BHP’s oil and gas portfolio and new Woodside shares will start trading this week.
Read MoreWoodside Happily Keeping the LNG Faith
Woodside Energy remains a strong believer in the buoyant outlook for LNG, forecasting prices to remain high as the market tries to adjust to the current global supply disruptions.
Read MoreWDS Shares Savaged
It’s a familiar story these days for companies in the increasingly fraught mining services business.
Read MoreWDS Downgrades Earnings
Shares in resources services group, WDS came out of a trading halt in place since before Easter yesterday and they promptly fell more than 12% after the company revealed more problems and a loss for the year to June.
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