Business
Woodside holds firm on Scarborough after $US4b loss – The Australian Financial Review
Woodside Petroleum is firmly pursuing a final go-ahead later this year on the $16 billion Scarborough gas project in Western Australia despite slumping to a $US4.03…
Final environmental and licence approvals are also still required, and are progressing, Woodside said.
The heavy bottom line loss for 2020 was caused by weighty write-downs taken in the June half, while underlying earnings slumped more than 50 per cent as lower prices took their toll.
Before one-time items, earnings slipped to $US447 million from more than $US1 billion in 2019, despite record full-year production of 100.3 million barrels.
Our disciplined balance sheet management has safeguarded…
-
Noosa News18 hours agoSpilt Milk Is Back for 2025 After Sitting 2024 Out— and Here’s the Touring Music Festival’s Summer Dates
-
Noosa News22 hours agoIf RISING’s 2025 Program Wasn’t Already Big Enough for You, Melbourne’s Winter Arts Festival Has Just Expanded Its Lineup
-
General22 hours agoGovernment to introduce bill that will override 15 planning laws for 2032 Olympic venues
-
Noosa News18 hours agoMan charged over alleged hit-and-run death of cyclist in Bundaberg