MARKETS

Woodside profit drops 75% after Kitimat write down

WOODSIDE Petroleum is upbeat on its year-end results despite a 75% fall in profit after the US$720 million write down on its Canadian Kitimat LNG asset announced late Tuesday. 

Burrup getting closer Woodside says

Burrup getting closer Woodside says

Profit was $343 million compared to $1.36 billion in 2018 and underlying net profit after tax was $1.06 billion, compared with $1.41 billion the previous 12 months, thanks to a lower oil price and weaker...

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