Woodside Energy Group Ltd Stock in Focus After LNG Strike Threat, Inpex Browse Deal
Woodside faces new strike action at its Karratha and Pluto LNG sites in Western Australia starting Wednesday, the Offshore Alliance union said. Talks between the union and Inpex over the Ichthys LNG facility in Darwin also broke down. Inpex separately agreed to buy PetroChina’s 10.67% stake in the Browse gas project, pending approvals. Woodside shares closed up 2.06% at A$31.25 on Friday.