Energy

Gas is Western Australia’s second biggest export.
Energy
Matt Mckenzie

Feds hit the gas in net zero plan

The Federal Government is showing signs it will change course on oil and gas policy but the multibillion-dollar industry wants a newly released strategy followed with action.

Read more (3 min) →
Woodside Energy chief executive Meg O’Neill said the company was disappointed with recent AGM results
Energy
Simone Grogan

Woodside’s O’Neill disappointed with climate plan results

Woodside chief executive Meg O’Neill concedes she is disappointed with a pointed protest vote against her company’s climate strategy saying “a tonne of work” went into consulting shareholders.

Read more (2 min) →
Woodside chair Richard Goyder and chief executive Meg O’Neill face shareholders at Wednesday’s AGM.
updated
Energy
Matt Mckenzie, Sean Smith, Daniel Newell

Woodside chair Goyder survives protest vote to keep his seat

Richard Goyder has survived a heated Woodside Energy annual meeting but the oil and gas company’s climate strategy was sunk by an extraordinary investor backlash.

Read more (4 min) →

Sign up to The Nightly's newsletters.

Get the first look at the digital newspaper, curated daily stories and breaking headlines delivered to your inbox.

Email Us
By continuing you agree to our Terms and Privacy Policy.
Pluto suffered two unplanned shutdowns.
Energy
Matt Mckenzie

Pluto problems hit Woodside revenue

Problems at Pluto and easing LNG prices have driven Woodside Energy’s revenue down 12 per cent to $US2.97 billion ($4.6b) in the March quarter.

Read more (2 min) →
The Prelude floating LNG project.
Business
Sean Smith

Shell Australia takes new hit on Prelude LNG project

Annual profit from the local arm of the global energy giant fell to just under $1 billion after the impact of lower oil and gas prices was exacerbated by nearly $2b of writedowns on its WA assets.

Read more (3 min) →
Richard Goyder was under pressure as chair of Qantas.
Energy
Matt Mckenzie

Goyder says Woodside on the right climate path

Woodside chair Richard Goyder says shareholders would be hit hard by a rapid shake-up of the company's strategy as he fights off an insurrection.

Read more (3 min) →
Woodside Energy chairman Richard Goyder has been forced to defend his position.
Business
Matt Mckenzie

Goyder ‘has been good for Woodside’, retail shareholders say

The Australian Shareholders Association has backed in Woodside chair Richard Goyder as he fights off an onslaught from a key proxy advisory and activist investors.

Read more (2 min) →
Woodside has backed in Mr Goyder in a note to the advisory and its subscribers. Credit: Dylan Burns/AFL Photos/Getty Images
Business
Matt Mckenzie

Woodside doubles down in proxy war to save Goyder

Oil and gas producer Woodside has backed in chair Richard Goyder’s “strong track record” amid pressure from an influential proxy advisory firm to send him packing.

Read more (2 min) →
Woodside Chairman Richard Goyder.
exclusive
Energy
Sean Smith

Goyder returns fire on Woodside proxy adviser

The oil and gas company chair has questioned the logic behind CGI Glass Lewis’ recommendation that shareholders vote against his re-election.

Read more (3 min) →
US President Joe Biden test drives an electric hummer as he tours the General Motors Factory ZERO electric vehicle assembly plant in Detroit.
Business
Jennifer A. Dlouhy

Toughest auto curbs in US history to rev up EV sales

Joe Biden has moved to throttle pollution from cars and light trucks in the US, imposing emission limits so stringent they will compel automakers to boost sales of battery-electric and plug-in hybrid models.

Read more (5 min) →
Overcast Weather, Port Kembla, Wollongong
Energy
Maeve Bannister

Power to the people. Bills set to fall for most Aussies

Households and businesses on Australia’s east coast can expect to see their power bills fall within months. Here’s why.

Read more (2 min) →
The Coalition is refusing to declare a final position. Pictured: Opposition Leader Peter Dutton and Angus Taylor.
Energy
Dan Jervis-Bardy

Massive gas tax fight to drag on as Opposition baulks

The political fight over the Federal Government’s $2.4 billion gas tax will drag on for at least another month as the Opposition resists pressure to wave through the changes.

Read more (2 min) →
A court rejected the EDO case against Santos' Barossa gas field project in mid January.
Energy
Dan Jervis-Bardy

Santos calls for clock on ‘veto power’ for new gas projects

Gas giant Santos wants the consultation process for offshore gas projects to be time-limited so it can’t be used as a ‘continued veto power’ by opponents.

Read more (2 min) →
Woodside Energy chief executive Meg O'Neill.
Business
Sean Smith

Woodside customers ‘won’t help pay’ for decarbonisation

The company’s boss Meg O’Neill says it needs to cut costs to improve the viability of some carbon emission programs, but it has no prospect of recovering the investment from gas buyers.

Read more (2 min) →
The Meg O’Neill-led oil and gas major copped a 49 per cent protest vote against its climate action plan in 2022.
Energy
Daniel Newell

HESTA chases Woodside for climate action directors

One of Australia’s most powerful superannuation funds is pitching for a seat on the board of Woodside Energy and has even put forward potential nominees to chair Richard Goyder.

Read more (2 min) →