Every year, analysts discuss the stocks and sectors they favor for the coming year, often providing price targets for where major indexes might land by year-end. I believe both of these practices are ...
Confluence Investment Management LLC lifted its stake in shares of Woodside Energy Group Ltd (NYSE:WDS – Free Report) by 16.2% in the 4th quarter, according to its most recent disclosure with the ...
It operates through the following segments: North West Shelf, Pluto, Australia Oil, Wheatstone, Development, and Others. The North West Shelf segment produces liquefied natural gas, pipeline ...
Chevron will exit the North West Shelf gas project after 40 years.Credit: Woodside In exchange, Chevron will get Woodside’s 13 per cent stake in Wheatstone, taking its ownership in the Pilbara ...
At the same time, Chevron Australia will obtain Woodside’s 13% non-operated interest in the Wheatstone Project and 65% operated interest in the Julimar-Brunello Project. The Wheatstone LNG ...
Under the asset swap deal, Chevron would sell its interest in North West Shelf venture and take over all of Woodside's interest in Wheatstone and an affiliate gas project. The deal would also see ...
The deal, which is expected to close in 2026, marks a significant shift in the energy landscape, with both companies reshaping their portfolios amid the global transition to cleaner energy sources.