BP Faces More Uncertainty on $35 Billion Gas Gamble as Woodside Looks at Inpex
Woodside Energy said it may match Inpex’s bid for PetroChina’s 10.67% stake in the Browse gas fields, where BP is the largest partner with 44.33%. BP shares traded at 570.70 pence in London, up from 569.00 pence. Browse is Australia’s biggest undeveloped offshore gas resource, with plans for LNG exports and carbon capture. The project remains in early planning stages.