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Australia’s biggest oil and gas company recorded a 27% increase in sales profit to $1.67bn in the six-month reporting period
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World — Jonathan Barrett Business editor
Australia’s biggest oil and gas company recorded a 27% increase in sales profit to $1.67bn in the six-month reporting period
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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.
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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This report is published with credit to The Guardian. The wire sent a summary; open the original for any extra context. Read on The Guardian →
Source: The Guardian · Jonathan Barrett Business editor. Published 25 Aug 2026, 03:29 am.
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