Home Woodside Petroleum to Take $4.37 Billion Loss from Coronavirus
 

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Woodside Petroleum to Take $4.37 Billion Loss from Coronavirus

2020-07-14 14:50:10| OGI

The bulk of the impairment$3.92 billionis tied to Woodside cutting the value of oil and gas production and exploration assets, amid "increased uncertainty" over the development timing of gas fields off Australia and in Canada.

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