Key Takeaway
Australia’s biggest oil and gas company recorded a 27% increase in sales profit to $1. 67bn in the six-month reporting periodFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastWoodside Energy has scrapped its long-term emissions and clean energy targets, even after enjoying a period of windfall oil profits caused by…
Published August 25, 2026 · Category: News
Overview
Australia’s biggest oil and gas company recorded a 27% increase in sales profit to $1.67bn in the six-month reporting period
Woodside Energy has scrapped its long-term emissions and clean energy targets, even after enjoying a period of windfall oil profits caused by the Iran conflict.
Details
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
Originally published at www.theguardian.com.
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What is "Woodside scraps long-term emissions and clean energy targets despite windfall oil profits caused by Iran war" about?+
Australia’s biggest oil and gas company recorded a 27% increase in sales profit to $1.67bn in the six-month reporting periodFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastWoodside Energy has scrapped its long-term emissions and clean energy targets, even after enjoying a period of windfall oil profits caused by the Iran conflict.Australia’s biggest oil and gas company recorded a 27% increase in sales profit to $1.67bn ($A2.33bn) i
Who reported this story?+
This story was reported by The Guardian World.