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Search resuls for: "Meg O'Neill"


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Woodside Energy ceases talks on $52 billion Santos merger
  + stars: | 2024-02-07 | by ( ) www.cnbc.com   time to read: 1 min
Signage for Woodside Energy Group Ltd. atop the Mia Yellagonga building, which houses the company's headquarters, in Perth, Australia, on Tuesday, Aug. 24, 2023. Australia's Woodside Energy said on Wednesday it had ended talks with Santos to create a possible AU$80 billion ($52.22 billion) global oil and gas giant. Woodside said it would only pursue a deal that would add value for its shareholders. Santos shares dropped 5% soon after the news was announced while Woodside's stock rose 2% on Wednesday. "While the discussions with Santos did not result in a transaction, Woodside considers that the global LNG sector provides significant potential for value creation," Woodside CEO Meg O'Neill said in a statement.
Persons: Mia Yellagonga, Santos, Meg O'Neill Organizations: Woodside Energy Group, Australia's Woodside Energy, Santos, Woodside Locations: Perth, Australia
Woodside Energy CEO discusses gas strike talks
  + stars: | 2023-08-22 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAustralia gas strike talks: Discussions with workforce have been constructive, says Woodside EnergyMeg O'Neill, CEO of Woodside Energy, discusses Australian unions' plan to strike at gas platforms, and says the company is optimistic about being able to avoid any significant industrial action, adding "but again, at the end of the day that'll be the unions' call if they want to use some of those levers that are available to them."
Persons: Energy Meg O'Neill Organizations: Australia, Energy, Woodside Energy
The referendum, which comes amid a wider reckoning over race relations, proposes to change the constitution and establish an advisory body called the Indigenous Voice to Parliament to give Indigenous Australians a direct say in policies that affect them. Five of those polled were funding or planned to fund the "Yes" campaign, while none endorsed nor were contributing to "No". Commonwealth Bank told Reuters it plans to fund the "Yes" campaign and had hosted two panel discussions with Indigenous speakers. Rio Tinto, which faced criticism in 2020 for destroying Indigenous rock shelters, said the Voice would bring an "additional lens" to government decision-making. Aurora Milroy, a lecturer in Indigenous affairs at the University of Western Australia, said supporting the Voice was easy publicity for companies.
Persons: Rita Wright, Loren Elliott, Anthony Albanese, Intifar Chowdhury, Albanese, Meg O'Neill, Ross Piper, Baker McKenzie, Thomas Mayo, Kate Gillingham, Peter Dutton, Coles, Rio Tinto, Fortescue, Aurora Milroy, Byron Kaye, Praveen Menon, Melanie Burton, David Crawshaw, Devayani, Anant Chandak, Veronica Khongwir, Sujith Pai Organizations: Australian, REUTERS, Australia's, BHP, Rio Tinto, Woodside Energy, Commonwealth Bank of Australia, Labor, Voice, National, Nine Entertainment, Reuters, Commonwealth Bank, Ethical Investment, Qantas, Australian Financial, Liberal, Fair Australia, Miners, Fortescue Metals, University of Western, Thomson Locations: Sydney, Australia, Rio, Western Australia, Woodside, Queensland, University of Western Australia, Melbourne
Companies Woodside Energy Group Ltd FollowADELAIDE, May 17 (Reuters) - Australia's vast liquefied natural gas (LNG) industry is trying to pull off something that seems almost impossible. They want to lead the transition to clean and renewable energy, while at the same time continuing to invest in, and produce fossil fuels. For example, Woodside is spending some $12 billion to develop its Scarborough natural gas field off Western Australia's coast, and has another advanced LNG project with its Browse field. But the hydrogen projects are largely still at the early stages and even if all the permitting approvals are received, they will still take several years to get up and running. It's an industry-wide problem that projects take several years, and sometimes more than a decade to go from initial proposal to actual production.
Woodside Energy discusses Australia's energy situation
  + stars: | 2022-12-01 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBest long-term answer to Australia's energy situation is investment in more supply: Woodside EnergyMeg O'Neill of Woodside Energy says "things like price caps just aren't going to work."
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