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25 August 2026

Woodside scraps long-term emissions and clean energy targets despite windfall oil profits caused by Iran war

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Source reporting: The Guardian World

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Woodside scraps long-term emissions and clean energy targets despite windfall oil profits caused by Iran war

Australia’s biggest oil and gas company recorded a 27% increase in sales profit to $1. 67bn in the six-month reporting period Follow our Australia news live blog for latest updates Australia’s biggest oil and gas company recorded a 27% increase in sales profit to $1. 67bn ($A2. 33bn) in the six-month reporting period, according to financials lodged on Tuesday, after the price of crude surged amid disruptions to global supplies.

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Source: The Guardian WorldOriginal source