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The Latest Breaking News from Woodside

No more industrial development for World Heritage-nominated Burrup, except fertiliser plant

WA Premier Mark McGowan has pledged to stop any further industrial development of the Burrup Peninsula — beyond a $6.4 billion fertiliser plant that has begun construction.

ABC News

Tax shield on super gas profits leaves Australians looking like 'chumps', economist says

It was once described as world-leading, but calls are growing louder for changes to Australia's super gas profits tax amid claims it is collecting "beer nuts".

ABC News

BHP, Rio Tinto, Woodside and Whitehaven release updates

Woodside says its Scarborough gas project is now 30 per cent complete, while BHP has lowered its nickel production estimates.

AAP

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Petroleum tax hike a bandaid budget fix: Woodside boss

Tinkering with the petroleum resource rent tax could cause long-term harm to the gas and oil industries, Woodside chief Meg O'Neill says.

AAP

Woodside seeks to progress Sunrise gas project

Woodside Energy chief Meg O'Neill says the Sunrise project involving Australia and East Timor is complex but she is committed to getting it done.

AAP

Woodside could pump safeguard mechanism for gas credits

Gas giant Woodside Energy is being urged to rethink expansion plans or face a carbon emissions bill estimated at more than $60 billion by mid-century.

AAP

Western Australia's biggest emitters increase carbon output 5 per cent year on year

Analysis by the ABC of the past six financial years of reported emissions, under the national safeguard mechanism, shows a 15 per cent increase in carbon dioxide released by major WA projects, and up 5 per cent on last year's figure.

ABC News

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Super funds investing billions into new coal and gas

Australia's biggest super funds are financing the companies causing irreversible damage to the climate to the tune of $25 billion.

AAP

Australia’s resources minister heaps warm praise on gas as industry PR spree masks doubts about future

Madeleine King says gas can help decarbonise the economy but not even big users of the fossil fuel are convinced

The Guardian - AU

Probe to find 'definitive answer' on emissions damage to rock art at Murujuga gas, fertiliser plants

Opinion remains divided about the impact of heavy industry on ancient rock art at Murujuga, but data from 22 new air quality monitors hopes to help clear up the "purely anecdotal" and unscientific findings to date.

ABC News

Industrial heavyweights call for urgent action on cutting Australia’s emissions

In joint statement companies say they are ‘ready to seize opportunity’ of decarbonisation and call on others to join them

The Guardian - AU

Plan to reduce emissions will have unintended consequences on agriculture, farmers say

Farmers are raising concerns the federal government's plan to reduce the emissions of big polluters would rely too heavily on carbon credits from agriculture.

ABC News

Funds accused of 'greenwashing' by market lobby group

The environment-focussed lobby group Market Forces has criticised five super funds for not doing enough to challenge the fossil fuel firms they invest in.

AAP

Angry shareholders target Woodside directors over climate change

Institutional shareholders angry at Woodside Energy's approach to climate change will take their fight to its board for the first time.

The New Daily

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AAP

Call for Woodside directors' heads over climate change

Woodside Energy's board is failing shareholders on climate change and three directors up for re-election should pay the price, activist shareholders say.

The New Daily

Alan Kohler: To defeat climate change, Australia must do the impossible

The climate argument between Labor and The Greens is as strange as the carbon-reduction target being impossible to meet.

ABC News

WA's slow renewable energy transition raises doubts about whether coal power stations can close by 2029

New data shows the state received just 5 per cent of the renewable energy capacity that companies committed to last year, raising concerns about whether coal-fired power stations will be able to close at the end of the decade.

Reuters

Australian Indigenous group steps up campaign to protect sacred rock art

An Australian Indigenous group on Thursday stepped up its campaign against industrial development in Western Australia's Burrup Peninsula, a key gas export hub, saying in a protest in Sydney that planned projects would damage ancient rock art.

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The Guardian - AU

Afternoon Update: Coalition minister admits making false statements about robodebt; Romanian PM’s AI adviser; and the best dishwashing liquid

Stuart Robert has told the royal commission he had ‘no choice’ but to give false statements to ABC

The Guardian - AU

Woodside claims its emissions are falling – but only by using the ‘last resort’ of offsets

A detailed reading of the company’s climate change report reveals a different picture from that of its headline claims

ABC News

Woodside accused of not taking carbon emission responsibilities seriously in new climate report

Climate action groups are warning some of the nation's biggest emitters face growing increasingly isolated from shareholders and industry groups if they do not act to reduce their carbon output.

The Guardian - AU

Afternoon Update: Woodside profit more than triples; ‘illegal’ strip search claims; and New York’s mountain of weed

Oil and gas giant’s underlying profit hits $7.7bn as energy prices surge in wake of Ukraine invasion

The Guardian - AU

Woodside’s latest report a ‘fail’ despite profit more than tripling, climate activists say

Critics say energy giant’s windfall gain from price rises in wake of invasion of Ukraine will likely prove short-lived as markets accelerate shift to renewables

AAP

Energy crisis, merger fuels higher Woodside profit

Oil and gas giant Woodside has announced an underlying full-year net profit of $US5.2 billion ($A7.7 billion), up 223 per cent from the previous year.

AAP

Artist who defaced painting says police raided her home

Joana Partyka, who defaced Frederick McCubbin's work Down On His Luck in a protest, says her home has been raided by counter-terrorism police.

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