Woodside

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

The Offtake: LNG in Brief

A roundup of news and commentary from NGI’s LNG Insight

May 1, 2020
Chevron, Woodside OK’d to Export 2.7 Bcf/d from KM LNG Facility in British Columbia

Chevron, Woodside OK’d to Export 2.7 Bcf/d from KM LNG Facility in British Columbia

Chevron Canada Ltd. and Woodside Energy Ltd. have received approval to double the size and planned lifespan of KM LNG, their proposed natural gas export project to be sited in British Columbia (BC).

December 6, 2019

Germany’s Uniper Deal for Woodside LNG to Remove Some Reliance on Russian Gas

Perth-based Woodside Petroleum Ltd. signaled Wednesday that it will give no ground on taking its Australian natural gas resources to global markets after securing a supply deal with a top German power generator.

September 20, 2019
Woodside Inks LNG Supply Deal with Germany’s Uniper for 13 Years

Woodside Inks LNG Supply Deal with Germany’s Uniper for 13 Years

Woodside Energy Trading Singapore Pte Ltd. has secured a heads of agreement (HOA) to supply an increasing amount of natural gas over 13 years to Germany’s Uniper Global Commodities SE.

September 18, 2019
Natural Gas Risks ‘Demonization’ Similar to Coal, Says Woodside CEO

Natural Gas Risks ‘Demonization’ Similar to Coal, Says Woodside CEO

The natural gas industry risks becoming marginalized unless it steps up and convinces the public how necessary it is, top executives said Tuesday.

September 18, 2019
Chevron, Woodside to Provide More Natural Gas to Western Australia

Chevron, Woodside to Provide More Natural Gas to Western Australia

Chevron Australia and Woodside Energy, Australia’s largest independent oil and gas producer, signed separate long-term agreements last week to supply 100 petajoules (PJ) of gas to the Worsley Alumina integrated mining and refinery complex south of Perth in Western Australia.

July 29, 2019

Global LNG Trading Gaining Another Platform for Physical Cargoes

Australia-based GLX, an online trading platform for liquefied natural gas (LNG), plans to work with the energy price-reporting arm of IHS Markit to start up an end-to-end trading solution to transact physical cargoes.

March 13, 2019

Sempra Still Positive on Port Arthur LNG Despite Woodside’s Withdrawal

Australia-based Woodside Energy Ltd. has decided not to invest in Sempra Energy’s proposed Port Arthur, TX, liquefied natural gas (LNG) project, but plans are moving forward toward a final investment decision (FID) next year, a spokesperson said.

July 20, 2018

Sempra, Woodside Sign MOU to Advance Port Arthur LNG Project

Units of liquefied natural gas (LNG) project partners Sempra Energy and Woodside Petroleum Ltd. on Thursday said they have a prospective Korean customer for their proposed export facility at Port Arthur, TX.

June 30, 2017
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