Former Labor minister Martin Ferguson has heralded floating liquefied natural gas as the wave of the future, urging the Western Australian government to work with developers like Shell, Woodside Petroleum, ExxonMobil and BHP Billiton.
Woodside Petroleum (OTC: WOPEY) reported a 41% drop in its full-year profit.
Woodside's net profit for the year declined to US$1.75 billion, from a year-ago profit of US$2.98 billion. Its underlying profit slipped 17% to US$1.70 billion,...
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