Exxon Mobil Corp. is studying potential acquisition targets including Australia’s Woodside Energy Group, as the US giant eyes options to deepen its presence in liquefied natural gas and Asian markets, according to people with knowledge of the matter.
Signage for Woodside Energy Group Ltd. atop the Mia Yellagonga building, which houses the company's headquarters, in Perth, Australia, on Tuesday, Dec. 22, 2025. The surprise exit of Woodside Energy Chief Executive Officer Meg O’Neill leaves her successor with a dilemma: should the Australian company continue down the path she set of promoting massive liquefied natural gas projects when forecasts point to a glut and lower prices?
Woodside CEO and Managing Director Liz Westcott discusses her concerns about the energy crunch sparked by the war in Iran. She speaks with Paul Allen from the sidelines of the Australian Energy Producers Conference in Adelaide. (Source: Bloomberg)
The world is underestimating how long the impact of the Iran war will last on global supply of liquefied natural gas, according to Australia’s top exporter of the fuel.
Australia’s liquefied natural gas sector is facing the prospect of industrial action at major export operations, adding another supply risk for Asian buyers already scrambling for cargoes after disruptions in the Middle East.
Australia’s liquefied natural gas sector is facing the prospect of industrial action at major export operations, adding another supply risk for Asian buyers already scrambling for cargoes after disruptions in the Middle East.
Australia’s Woodside Energy Group Ltd. said it expects stronger prices for liquefied natural gas to boost its earnings in coming quarters due to time lags in its supply contracts.
Woodside Energy Group Ltd. said liquefied natural gas and domestic gas production has restarted at its North West Shelf facility in Australia after a disruption by Severe Cyclone Narelle late last week.
Signage for Woodside Energy Group Ltd. atop the Mia Yellagonga building, which houses the company's headquarters, in Perth, Australia, on Tuesday, Dec. 22, 2025. The surprise exit of Woodside Energy Chief Executive Officer Meg O’Neill leaves her successor with a dilemma: should the Australian company continue down the path she set of promoting massive liquefied natural gas projects when forecasts point to a glut and lower prices? Photographer: Philip Gostelow/Bloomberg
Australia’s energy sector posted a record quarter to emerge as a regional outperformer, as the war in Iran tightens global fuel supplies and boosts liquefied natural gas exporters.
BHP Group has appointed Brandon Craig as its new chief executive, as the world’s biggest miner grapples with the ripple effects of a war in the Middle East, a cooling Chinese economy and the wider industry’s shift toward growth, particularly in copper.
A forecast global glut of liquefied natural gas may weigh on prices, but demand growth is strong and supply additions aren’t certain, according to Australia’s biggest LNG producer.
Signage for Woodside Energy Group Ltd. atop the Mia Yellagonga building, which houses the company's headquarters, in Perth, Australia.
The surprise exit of Woodside Energy Group Ltd. Chief Executive Officer Meg O’Neill leaves her successor with a dilemma: should the Australian company continue down the path she set of promoting massive liquefied natural gas projects when forecasts point to a glut and lower prices?
Woodside’s Meg O’Neill has overseen a doubling of production during her tenure at the Australian firm.
A BP Plc logo on a totem sign at a petrol station forecourt in London, UK, on Monday, Aug. 1, 2022. BP will report earnings tomorrow. Photographer: Chris J. Ratcliffe/Bloomberg
Meg O’Neill’s rapid rise to the top of one of the world’s biggest fossil-fuel companies has been unencumbered by doubt. At a moment when oil executives are still being pressed to move away from hydrocarbons, she has a different argument: that the world is nowhere near done with them.
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