Woodside Energy
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Woodside exercises pre-emptive right to buy 10.67% stake in Browse JV from PetroChina
Woodside exercises pre-emptive right to buy 10.67% stake in Browse JV from PetroChina June 12 : Woodside Energy said on Friday it had exercised its pre-emptive right to acquire PetroChina's 10.67 per cent stake in the Browse gas fields off the coast of Western Australia, blocking a deal agreed with Japan's INPEX. Under the terms of the transaction, Woodside will pay $225 million to PetroChina, along with reimbursement of cash call contributions made since June 30, 2025. The agreement also...
Woodside exercises pre-emptive right to buy PetroChina's stake in Browse JV
Woodside exercises pre-emptive right to buy PetroChina's stake in Browse JV June 12 : Woodside Energy said on Friday it had exercised its pre-emptive right to acquire PetroChina's 10.67 per cent stake in the Browse gas fields off the coast of Western Australia, blocking a deal agreed with Japan's Inpex. Under the terms of the transaction, Woodside will pay $225 million to PetroChina, along with reimbursement of cash call contributions made since June 30, 2025. The agreement also includes a...
What next for BP? Leadership exits test investor confidence in board oversight
BP is on its third CEO and third chairman in under three years, prompting investor scrutiny of the structure and oversight of its board as the oil major works to turn itself around and adapt to the supply shock. Weeks after CEO Meg O'Neill started in April, the chairman, Albert Manifold, was suddenly dismissed in late May. The board said this was due to "serious concerns" relating to governance standards, oversight and conduct.