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Profit down, production up for Woodside after bruising six months 

WOODSIDE Petroleum has taken a huge earnings hit of over US$4 billion from the pandemic and OPEC+-driven oil price crash, as earlier flagged in its writedowns and quarterly result for June, but is also seeking new acquisitions even as news of its Browse field development goes cold. 

Helen Clark
Profit down, production up for Woodside after bruising six months 

Production for the first six months of the year reached a new high of 50.1 million barrels of oil equivalent.    CEO Peter Coleman's forward looking statements after the bloody and damaging half year...

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