May
North West Shelf approval is welcome dose of energy reality
The national conversation around gas has changed in the past year, Woodside boss Meg O’Neill says. Labor listened – eventually.
Ex-WiseTech chair slams mixed messages from big investors
Richard Dammery says institutional investors are asking boards to reconcile conflicting advice provided by their investment and ESG teams.
April
This $27b megadeal is a sign of these dangerous times
Woodside’s big bet on American LNG speaks of the shifts unleashed by Trump, the stalled energy transition and Australia’s inability to get out of its own way.
Woodside CEO: too expensive to make deep cuts to carbon emissions
Meg O’Neill said investments in carbon capture to cut emissions at LNG plants were still $US200-$US500 a tonne, too high to be worthwhile for shareholders.
March
Woodside targeted by activist complaint to ASIC over oil forecasts
Woodside might have misled investors over oil demand forecasts it used to justify an $11.6 billion oil project in Mexico, an activist shareholder group alleges.
AustralianSuper’s Schroder has a productivity fix: Build, baby, build
The chief executive of the country’s largest superannuation fund says too much capital is tied up as he urged more housing development.
February
Too late to avert energy crisis in Victoria, CEOs warn
The heads of Woodside Energy and Beach Energy say the Victorian Labor government has spent more than a decade demonising gas as a transition fuel.
January
Woodside joins backdown on some clean energy projects
The move mirrors an industry pullback from marginal green investments that has grown over the past several months and been reinforced by Trump 2.0.
December 2024
The simple ways top CEOs find balance in their lives
The first step to achieving work/life balance is realising how hard it is. These bosses have some easy tips to start with.
November 2024
Labor failing gas industry on lawfare, approvals: O’Neill
Meg O’Neill said the Albanese government’s lack of progress on streamlining gas approval processes and reining in “lawfare” risks imperilling energy security.
Woodside acting on Scarborough gas emissions
The oil and gas producer has made investments to reduce emissions at the Scarborough project, and is examining bigger ones, including carbon capture.
October 2024
Woodside boss urges states to join WA in ending emissions regulation
State governments should consider leaving the policing of greenhouse emissions to Canberra, Meg O’Neill says.
Senegal oil powers record quarter for Woodside
News of the rapid ramp-up of the new oil project came as the International Energy Agency warned about locking in fossil fuel use.
Woodside steps up partner quest for Louisiana LNG
Big names such as Saudi Aramco are being cited as potential investors in the US export project in a move that could ease fears about a decline in dividends.
September 2024
Investors quit Woodside as shares languish
Dissatisfied investors say a share buyback would have been a better use of its capital than two US acquisitions.
Is Woodside going American? Probably a good idea, investors say
Australia’s hostile business environment for oil and gas means Woodside’s shift of emphasis to North America, where it has done a string of deals, is a good idea, they say.
August 2024
Woodside investor relief as payouts to remain ‘strong’
Analysts are expected to lift Woodside’s forecast yield after it clung to an 80 per cent payout ratio for shareholder returns.
Woodside punished as investors query ‘marginal’ green projects
The oil and gas producer had almost $2.6 billion wiped off its market value as investors struggled to accept projected returns on a large US acquisition.
Woodside’s $30b Browse LNG project faces EPA knockback threat
The recommendation is not final and could be reversed after further negotiations, but a final rejection would be a blow to Labor’s long-term gas strategy.
July 2024
Woodside says investors back $1.4b US buy, but some have questions
Meg O’Neill says no investors have questioned investing in US LNG, but Aware Super queried the impact on climate targets and shares fell further on Tuesday.