Business and Finance

  • Woodside reports successful reserves update as a result of merger with BHP

    18 Sep, 2024

    Woodside secures long-term LNG supply agreement with Japan’s JERA

    Woodside Energy Group Ltd has announced the signing of a significant long-term liquefied natural gas (LNG) supply agreement with JERA, Japan's largest utility company. The deal marks a major milestone in str... more

  • Woodside reports successful reserves update as a result of merger with BHP

    05 Sep, 2024

    Woodside Energy reports strong half-year results amid strategic acquisitions

    Woodside Energy Group has released its financial results for the half-year ended June 30, 2024, showcasing robust performance and strategic growth initiatives. The Australian energy giant reported a net prof... more

  • Woodside reports successful reserves update as a result of merger with BHP

    16 Aug, 2024

    Woodside Energy to release 2024 Half-Year results on August 27

    Woodside Energy will release its 2024 Half-Year results on Tuesday, August 27, 2024, and has provided line-item guidance for several key financial metrics ahead of the results presentation. Woodside has outl... more

  • TotalEnergies divests West of Shetland assets to Prax Group

    08 Aug, 2024

    TotalEnergies to divest stake in Total PARCO Pakistan to Gunvor Group

    TotalEnergies, a major player in the global energy sector, has announced its decision to sell its 50 per cent stake in Total PARCO Pakistan Limited (TPPL) to Gunvor Group. This move aligns with TotalEnergies... more

  • Woodside secures long-term LNG supply agreement with Japan’s JERA
    18 Sep, 2024
  • Woodside Energy reports strong half-year results amid strategic acquisitions
    05 Sep, 2024
  • Woodside Energy to release 2024 Half-Year results on August 27
    16 Aug, 2024
  • TotalEnergies to divest stake in Total PARCO Pakistan to Gunvor Group
    08 Aug, 2024

Woodside secures long-term LNG supply agreement with Japan’s JERA

18 Sep, 2024
Woodside reports successful reserves update as a result of merger with BHP
Woodside Energy Group Ltd has announced the signing of a significant long-term liquefied natural gas (LNG) supply agreement with JERA, Japan's largest utility company. The deal marks a major milestone in strengthening the strategic relationship between the two energy giants. Under the sale and purchase agreement (SPA), Woodside will supply…

Woodside Energy to release 2024 Half-Year results on August 27

16 Aug, 2024
Woodside reports successful reserves update as a result of merger with BHP
Woodside Energy will release its 2024 Half-Year results on Tuesday, August 27, 2024, and has provided line-item guidance for several key financial metrics ahead of the results presentation. Woodside has outlined the following expectations for the first half of 2024: Production costs are projected to be between $710 million and…

Woodside Energy acquires Tellurian Inc. for $900m

23 Jul, 2024
Woodside announces new director and makes changes to committee
Woodside Energy Group Ltd has announced a definitive agreement to acquire Tellurian Inc. and its Driftwood LNG development project in an all-cash transaction valued at approximately $900 million. The deal, which represents $1.00 per share of Tellurian's outstanding common stock, has an implied enterprise value of about $1.2 billion. Woodside…

Henrik Melsom appointed Senior VP of Wood’s Norwegian operations

18 Jul, 2024
Henrik Melsom appointed Senior VP of Wood's Norwegian operations
Henrik Melsom has been appointed Senior Vice President of Wood’s Norwegian operations, where he will focus on expanding the business in oil and gas, new energy solutions, and process industries. Wood currently employs approximately 900 people across Norway, with offices located in Bergen, Stavanger, Sandefjord, Porsgrunn, and Oslo. Melsom emphasised…

Honeywell to acquire Air Products’ LNG business for $1.81b

11 Jul, 2024
Honeywell to acquire Air Products' LNG business for $1.81b
Honeywell (Nasdaq: HON) has announced its agreement to purchase Air Products' (NYSE:APD) liquefied natural gas (LNG) process technology and equipment business for $1.81 billion in an all-cash deal. The acquisition, representing approximately 13 times the estimated 2024 EBITDA, marks Honeywell's fourth acquisition announcement this year. The deal will enable Honeywell…