annb0t
Top 20
By Rishav Chatterjee
(Reuters) -Woodside Energy, Australia's largest energy firm, flagged a non-cash post tax-asset impairment of around $1.2 billion from its Shenzi oil and gas field in its 2023 fiscal earnings, sending its shares down to close at a two-month low on Thursday.
Woodside had acquired the Shenzi deepwater oil and gas fields in the Gulf of Mexico off the coast of Louisiana as part of its merger with the petroleum assets of BHP Group in 2021.
Shenzi represented around 5% of 2023 p...
>>> Read more: Woodside flags $1.2 billion charge against asset bought under BHP merger
(Reuters) -Woodside Energy, Australia's largest energy firm, flagged a non-cash post tax-asset impairment of around $1.2 billion from its Shenzi oil and gas field in its 2023 fiscal earnings, sending its shares down to close at a two-month low on Thursday.
Woodside had acquired the Shenzi deepwater oil and gas fields in the Gulf of Mexico off the coast of Louisiana as part of its merger with the petroleum assets of BHP Group in 2021.
Shenzi represented around 5% of 2023 p...
>>> Read more: Woodside flags $1.2 billion charge against asset bought under BHP merger
