This Month
- Exclusive
- Woodside Energy Group
Shell sues ATO over claim it was short-changed $99m in CGT bill
The ATO believes the company should have declared capital gains $330 million higher than first reported for its exit from the old Woodside Petroleum.
- Lucas Baird
US shale companies accused of collusion over oil price
ExxonMobil, Occidental Petroleum and Diamondback Energy are among the companies named in at least 10 class actions alleging they conspired to constrain production.
- Jamie Smyth and Myles McCormick
April
Origin’s LNG revenue drops 8pc in March quarter
Lower global prices for oil and gas dragged down LNG revenue at the energy giant to $2.6 billion.
- Updated
- Elouise Fowler
- Opinion
- Chanticleer
Richard Goyder’s Woodside board seat is safe, climate plan is not
Early votes tell us what to expect at Woodside’s annual meeting. It’s clear investors want more action on emissions, particularly at a big oil and gas producer.
- Anthony Macdonald
- Opinion
- Chanticleer
Market aftershocks from Iran’s attack depend on one thing
Investors are treading water as they wait for Israel’s response to the largely failed strike. But shareholders need to start thinking through two scenarios.
- Updated
- James Thomson
Sydney petrol hits record as traders brace for Israel retaliation
Petrol prices have steadily climbed with a higher oil price as analysts warn Brent could hit $US100 a barrel from the escalating tension in the Middle East.
- Alex Gluyas
Oil jumps, Treasuries surge on fears Iran will attack Israel
Bond yields tumbled and crude oil surged to a six-month-high following reports that Israel is bracing for a possible attack from Iran.
- Michael Mackenzie
- Opinion
- Chanticleer
Why we should celebrate the climate stoush at Woodside
An adult, active and thoughtful debate about Woodside’s climate transition plan is precisely what we want to see in corporate Australia.
- Updated
- James Thomson
Proxy group at odds with itself over Woodside’s Richard Goyder
The sustainability arm of Institutional Shareholder Services is recommending against the re-election of the company’s chairman – contradicting its main analyst.
- Angela Macdonald-Smith
High-profile analyst accuses CGI Glass Lewis of activism on Woodside
Saul Kavonic, of MST Marquee, said the influential proxy advisory group “appears to have lost objectivity and equity in its work”.
- Angela Macdonald-Smith
- Opinion
- Chanticleer
Richard Goyder’s plight is worth watching
It’s a surprise to see a proxy adviser take on Woodside Energy chairman Richard Goyder. But it is another timely reminder of the way capital markets are headed.
- Updated
- Anthony Macdonald
Fears for $8b Woodside project under Senegal’s new government
The nationalist rhetoric from a new president who has pledged to rework oil production contracts comes just ahead of the start-up of the Sangomar oil project.
- Angela Macdonald-Smith
- Updated
- Karoon Gas Australia
Karoon plots path from oil junior to major through the Gulf of Mexico
The ASX-listed group spent $1.1 billion buying the interests last year. It plans to increase its spending in a bid to boost reserves by more than a third.
- Updated
- Angela Macdonald-Smith
Commodity markets flash warning signal for stocks
The concurrent rally in oil and gold prices shows that geopolitical risks have returned to markets which is a “negative omen” for risk assets.
- Alex Gluyas
March
Viva fires up convenience roll-out after locking away OTR
The completion of the $1.2 billion takeover kicks off the nationwide expansion of the On the Run brand, which will replace Coles Express at Viva’s fuel stations.
- Angela Macdonald-Smith
- Opinion
- Chanticleer
Surprise energy transition story in Monday’s $1b buyout
The last time vessel owner MMA Offshore hit the headlines, it was an offshore oil and gas services group going broke. Now it has a $1 billion bid, and investors can thank the energy transition.
- Anthony Macdonald
Why Formula 1’s fuel is going green
Pat Symonds wrote the rules that will compel Formula 1 cars to run on carbon-neutral fuel from 2026. Big oil companies are now racing to find solutions.
- Peter Ker
Woodside rebuffs activist push against chairman on climate
The board said it “strongly disagrees” with activist shareholder groups seeking to block Richard Goyder’s re-election and to reject the remuneration report.
- Angela Macdonald-Smith
February
Woodside heads for fresh clash on climate as profits slide
The oil and gas producer’s pursuit of growth projects met with criticism from activist shareholder groups as benchmark profit dropped 37 per cent.
- Updated
- Angela Macdonald-Smith
- Opinion
- Chanticleer
Woodside needs stars to align to get Santos
Where does Santos fit in to Woodside’s cash in/cash out story? Everyone wants to know.
- Anthony Macdonald