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Majors open chequebook to mitigate coronavirus

WOODSIDE Petroleum is the latest among a line of oil and gas majors opening the chequebook to make sizeable donations to support the community through the COVID-19 pandemic which has so far killed over 50 people in Australia.

Majors open chequebook to mitigate coronavirus

Today Woodside announced it had established a A$10 million community fund to provide direct support to communities affected by outbreaks and to reduce the risk of the virus spreading in remote areas. 

The funds will go directly to Lifeline WA and Foodbank WA which are delivering essential items to many in need throughout the state. 

Woodside is also matching employee donations to both services and the Salvation Army.

The gas giant's move follows similar commitments from other operators in Australia. 

Chevron has provided $1 million through a relief fund to support critical health services in Onslow, WA, targeting Aboriginal communities and local businesses. 

It also committed an additional $1 million to the Australian Royal Flying Doctor Service, FoodBank, and Lifeline through a collaboration with the WA Chamber of Minerals and Energy. 

BHP has made the largest donation so far, establishing a $50 million vital resources fund to support regional communitie. 

"BHP stands with the regional communities we operate in," CEO Mike Henry said. 

"We know COVID-19 will require a significant collective response from governments, businesses, communities and individuals across Australia. We are determined to play our part as we work through this challenge together."

Spending will be focused on regions surrounding BHP's Australian operations in the Bowen Basin, Central Queensland, Hunter Valley, Roxby Downs, Pilbara and Goldfields.

 

 

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