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The Latest Breaking News from Woodside

Scientists warn backing fossil fuel projects like Woodside's Scarborough will make meeting climate targets more difficult

Climate scientists are warning now is not the time to back big new gas developments, as the new Albanese government throws its support behind Woodside's mega Scarborough gas projects.

ABC News

The ultra-polluting Scarborough-Pluto gas project could blow through Labor’s climate target – and it just got the green light

The Albanese government has this week thrown its support behind what’ll be one of Australia’s most polluting developments: the Scarborough-Pluto gas project in Western Australia.

The Conversation

Government engaging with Woodside over gas

The government is working with the energy sector to increase gas supply in the short term as international prices burgeon off the back of market pressures.

AAP

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WA industries are big polluters, and Labor's 2030 emissions target could hit them hard

Green groups say Australia's biggest polluters have been allowed far too much "wriggle room" under a scheme designed to lower carbon emissions. But will things be any different the new federal government?

ABC News

Woodside shareholders back BHP oil merger

Woodside shareholders have backed the company's merger with BHP's petroleum arm, creating a new global heavyweight.

AAP

Industry call for Australia to ‘unlock wealth’ of new oil and gas fields at odds with IEA warning

Increasing supply is ‘absolutely part of the solution’ to decarbonising the economy, Appea chair tells conference

The Guardian - AU

‘Our ancestors are in the rocks’: Australian gas project threatens ancient carvings – and emissions blowout

Custodians of petroglyphs in remote north-west say Woodside’s $12bn ‘carbon bomb’ spells disaster for culture and climate

The Guardian - AU

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Australia looks to fill Asia’s energy gap amid Ukraine crisis

Australia is seeing increased demand for its liquefied natural gas and coal as war and sanctions upend energy supplies.

Al Jazeera

Oil giant Shell feels heat over giant $21 billion Prelude floating LNG plant

It was supposed to be the dawn of a new era, but Shell's $21 billion Prelude has been blighted by problems and there are claims it may never pay Australia a cent in royalties.

ABC News

PM visits big greenhouse gas emitter while sledging Labor's energy plan

The Coalition visited a fossil fuel company the same day it attacked Labor on it energy and climate plans.

Newcastle Herald

Australia’s new gas projects to struggle financially after 2030 if 1.5C climate goal met, report says

Analysis from Investor Group on Climate Change places economic viability of eight major fossil fuel projects in doubt

The Guardian - AU

Morning Brief: Top Stories Dominating Financial Media on Friday, April 8

Reuters

Benzinga

KPMG Says Woodside Investors To Benefit From $40B Merger With BHP Petroleum Arm: Reuters

According to an independent expert, Woodside Petroleum Ltd's (OTC: WOPEY) merger agreement with BHP Group Ltd's (NYSE: BHP) petroleum arm is in the best interest of its shareholders, valuing the c

Benzinga

Woodside's controversial Scarborough LNG project gets final approval amid climate warnings

Final government approvals are granted for Woodside's controversial Scarborough LNG project off WA's north west coast, just days after a major report warns of the catastrophic dangers of fossil fuel emissions.

ABC News

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AAP

Scarborough gas venture wins key approvals

The Commonwealth-Western Australian Joint Authority has granted Woodside key approvals for the massive LNG Scarborough Project off the coast of Karratha.

The Guardian - AU

Indigenous elders in WA say ‘gag clause’ denies them a say in industrial developments on their land

Murujuga traditional custodians call for changes to government agreement from 2003 that restricts opposition to developments

ABC News

Oil surges, pushing up Santos, Paladin and Woodside as ASX falls sharply

The Australian share market fell sharply on Monday amid a surge in oil prices as the war in Ukraine continues to rock commodity and equity markets.

ABC News

Supreme Court rejects Conservation Council of WA's challenge against Woodside Scarborough project

The Conservation Council of WA fails in its Supreme Court challenge against the $16.5 billion Scarborough project off WA's coast – the biggest gas development to be built in Australia in a decade.

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AAP

WA judge rejects Woodside gas challenge

The Conservation Council of Western Australia's court challenge against approvals granted for Woodside's $16 billion Scarborough gas project has been rejected.

The Guardian - AU

‘It makes us chumps’: Tim Winton speaks out against fossil fuel sponsorship of Perth festival

Speaking at the festival, the author took aim at the event’s ‘embarrassing’ financial arrangements that come ‘straight out of the big tobacco playbook’

The Guardian - AU

Perth festival production of climate change work criticised for ‘farcical’ fossil fuel sponsorship

Activists are calling on the festival to drop the Pulitzer-winning orchestral work Become Ocean due to a sponsorship deal from Woodside Energy

The Guardian - AU

WA holds the key to Australia’s emissions goals. Can a government so committed to gas deliver?

Environmentalists fear premier could legislate away regulations and undo progress toward net zero at the stroke of a pen

The Independent UK

Australia's Woodside Petroleum pulls out of Myanmar projects

Australia’s Woodside Petroleum says it is withdrawing from projects in strife-torn Myanmar, following a similar decision by Total and Chevron

ABC News

Australian energy giant Woodside withdraws from Myanmar almost one year after military coup

The company has been under intense pressure over its involvement in a major deepwater gas development, and said it could "no longer contemplate" projects in the country due to the ongoing situation.

The Guardian - AU

Woodside Petroleum to pull out of Myanmar one year on from military coup

Australian fossil fuel giant follows Chevron and Total in exiting the country as military junta’s human rights abuses continue

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