Woodside reported net profit after tax (NPAT) of $1.94 billion for the half year. Underlying NPAT was $1.63 billion, a 14% decrease from the same period in 2023. The company generated operating cash flow of $2.4 billion and positive free cash flow of $740 million. Woodside had a strong liquidity position at $8.48 billion. The […]
The Secretary-General of the United Nations has called on world leaders to phase out oil and gas production in their economies and stop exploring for new hydrocarbons. At a meeting of Pacific island leaders in Tonga, Antonio Guterres said: “This is a crazy situation: rising sea levels are a crisis caused entirely by humanity. A […]
What do old soda cans, seawater and caffeine have in common? As researchers at the Massachusetts Institute of Technology discovered, they can all be used to produce hydrogen fuel, which could play a key role in the energy transition. Since conventional fuels such as gas and oil are the main cause of our planet’s overheating, […]
Dr. Angela Wilkinson, Secretary General and CEO of the World Energy Council. World Energy Council It is becoming increasingly clear that the ambitious project pursued by OECD countries in particular to subsidise and enforce an energy transition away from fossil fuels and reduce global greenhouse gas emissions to zero by 2050 is failing. A number […]
