Oil-Indexed

Australia’s Woodside Saw 3Q Earnings Plummet Amid Weak LNG Prices

Australia’s Woodside Saw 3Q Earnings Plummet Amid Weak LNG Prices

Woodside Petroleum Ltd., Australia’s top natural gas producer, reported a steep 42% fall in third-quarter revenue from a year ago despite higher sales volumes, as its long-term liquefied natural gas (LNG) export contracts were hit hard by low oil prices from last quarter. Most of Woodside’s LNG contracts are with Asian customers and are indexed…

October 27, 2020
Prolonged Oil Price Slide Factoring More into Global Natural Gas Market, Analysts Say

Prolonged Oil Price Slide Factoring More into Global Natural Gas Market, Analysts Say

As the oil market rout continues, a clearer picture is emerging of its impacts on global natural gas trade, with analysts predicting both downside and upside consequences for various regions across the world.

March 11, 2020