WDS News: Woodside Energy triples dividend as first-half profit skyrockets - 30th Aug 2022, 9:00am

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Reuters) -Woodside Energy Group Ltd more than tripled its interim dividend payout on Tuesday after the Australian gas producer posted a five-time increase in first-half profit on booming oil and gas prices.

LNG prices have soared as sanctions on Russia after its invasion of Ukraine have worsened supply issues in an already tight market, leading buyers from Asia and Europe to seek alternative suppliers, benefiting producers in countries such Australia and Papua New Guinea.

Woodside, among the t...

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