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Tag: Offshore Wind

Woodside reports half-year profit of $1.94 billion after key project milestones

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Woodside reports half-year profit of .94 billion after key project milestones

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 […]

World Energy Council calls for change in energy transition approach

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World Energy Council calls for change in energy transition approach

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 […]