Royal Dutch Shell plc .com Rotating Header Image

Posts Tagged ‘Woodside Petroleum’

Woodside, Chevron, Browse Gas Partners Given Deadline

Royal Dutch Shell Plc, Europe’s biggest oil company and a partner in Browse, said Nov. 26 it is still considering the development options and a decision “cannot be rushed.”

Woodside Says It’s Not for Sale Amid BHP Speculation

BHP, the world’s largest mining company, may be interested in buying Woodside with the approval of 34 percent shareholder Royal Dutch Shell Plc, the Australian Financial Review’s Street Talk column said yesterday.

Voelte takes on partners over Browse LNG project

This difference of view has resulted in what Voelte described yesterday, with rare understatement, as some “argy-bargy” between Woodside and the other owners of the Browse gas discoveries — Chevron, BP, Shell and BHP Billiton. Now as anyone who knows the Other Don can tell you, Voelte is not easily intimidated.

Shell CEO Peter Voser visits Canberra and Perth

Illustrating the growing importance Australia is taking in Shell’s portfolio, newly installed chief executive Peter Voser has been visiting Canberra and Perth in recent days.

Carbon Plan Puts Unfair Burden on LNG, Woodside Says

Woodside, 34 percent held by Royal Dutch Shell Plc, operates and owns one-sixth of the North West Shelf Venture, Australia’s biggest LNG producer, and is building the A$12 billion ($9.7 billion) Pluto LNG project. It’s among companies proposing some 10 LNG developments in Australia and Papua New Guinea targeting a forecast gain in demand in north Asia for cleaner-burning fuel.

Woodside Freezes Wages, Cuts Budget After Oil Drops

May 1 (Bloomberg) — Woodside Petroleum Ltd., Australia’s second-biggest oil and gas producer, said it will freeze salaries and has made “substantial” cuts in its 2009 budget as the global recession causes a slump in energy prices.

Woodside Must Meet Safety Order to Restart Oil Field

Woodside, 34 percent owned by Royal Dutch Shell Plc, fell as much as A$1.61, or 4.2 percent, to A$36.69 on the Australian stock exchange and was at A$36.79 at 1:24 p.m. in Sydney. The decline was deeper than the drop of as much as 3.6 percent in the exchange’s benchmark energy index.

Royal Dutch Shell said to be willing seller of 34 per cent stake in Woodside Petroleum

BHP Billiton , up 10.4 per cent to £15.13, was once again being linked with a potential bid for Woodside Petroleum. Royal Dutch Shell , Woodside’s 34 per cent shareholder, was said to be a willing seller. FT ARTICLE

Woodside ‘Remains Dismayed’ at Australia Carbon Plan

March 10 (Bloomberg) — Woodside Petroleum Ltd., operator of Australia’s biggest liquefied natural gas project, said it remains “dismayed” that the country’s carbon trading plan fails to recognize the contribution of gas to cutting emissions.

Woodside Petroleum year profit up 55 pct

Woodside, 34 percent owned by Royal Dutch Shell Plc (RDSa.L), said on Wednesday net profit before one-off items was A$1.832 billion in 2008, below expectations of A$1.99 billion based on an average forecast of 10 analysts polled by Reuters.

Woodside Says Full-Year Profit to Be Cut by Charges

Jan. 22 (Bloomberg) — Woodside Petroleum Ltd., Australia’s second-largest oil and gas producer, said full-year profit will be cut by about A$430 million ($283 million) of charges for foreign exchange losses, a suspended project and a tax provision.

Woodside Q4 output up 28 pct, sees higher profit

Woodside, 34 percent owned by Royal Dutch Shell (RDSa.L), said reported net profit in 2008 would be between A$1.75 billion ($1.1 billion) and A$1.8 billion, about 70-75 percent higher than the previous year.

Woodside Scraps Planned California LNG Import Project

Woodside, 34 percent owned by Royal Dutch Shell Plc, can’t say yet whether it would include a charge in its accounts for expenditure so far on the project, Martin said, declining to quantify the amount.

Shell poised for Libra-1 return

Nexus Energy expects the drilling rig for the Shell-operated Libra-1 well off Western Australia to be re-crewed later this week after operations were suspended due to Tropical Cyclone Billy.

Oil majors eye $5 billion ships to cut LNG cost

Anglo-Dutch oil major Royal Dutch Shell Plc is leading the charge but U.S. rivals Exxon Mobil and Chevron and Australia’s Woodside are also eyeing Floating LNG or FLNG.