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OPERATIONS

Woodside claims world-class performance

WOODSIDE Petroleum delivered a record profit for 2016 of $US868 million ($A1.13 billion), and its board has paid an increased dividend of 49 cents per share for the second half, putting a total of $A1.08 per share into shareholders’ pockets.

Haydn Black
Pluto LNG.

Pluto LNG.

The net profit after tax generated positive free cash flow of $114 million from cash flow of $2.59 billion.   Costs were down 28% from 2015 to $5/boe and production of 94.9MMboe was marginally higher...

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