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Woodside cuts dividend as Browse in doubt
2016-02-17 06:33:50| Energy - Topix.net
Energy giant Woodside Petroleum will slash shareholder returns as a cloud hangs over its massive Browse project due to plummeting oil prices. The company has cut its dividend payout as full year profit slumped to $US26 million following $US1.1 billion worth of writedowns.
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Category:Energy and Environment
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