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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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Woodside makes second gas discovery offshore Myanmar

2016-02-12 01:00:00| Offshore Technology

Australia-based Woodside has made a new gas discovery at the Thalin-1A exploration well in Block AD-7 in the Bay of Bengal, 100km offshore of the west coast of Myanmar.

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Woodside Petroleum says Wheatstone LNG delay covered

2016-02-01 09:27:05| Oil & Gas - Topix.net

Woodside Petroleum says its recently flagged write-downs of up to $US1.2 billion had taken into account possible delays at the Wheatstone LNG project in Western Australia. Woodside holds a 13 per cent interest in the Wheatstone project, which it acquired from Apache Corp in 2015.

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Woodside Petroleum says Wheatstone LNG delay covered

2016-02-01 03:01:48| Energy - Topix.net

Woodside Petroleum says its recently flagged write-downs of up to $US1.2 billion had taken into account possible delays at the Wheatstone LNG project in Western Australia. Woodside holds a 13 per cent interest in the Wheatstone project, which it acquired from Apache Corp in 2015.

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Woodside to take $US1b hit as oil sinks

2016-01-21 14:45:37| Energy - Topix.net

Woodside Petroleum expects to take a hit of up to $US1.2 billion as it writes down the value of its energy assets following the slump in oil prices. Following a review, the company expects to take an impairment charge of $US1 billion to $US1.2 billion against its asset values in full year 2015 to reflect the lower short-term and long-term oil price assumptions.

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