LNG

Western Australian LNG operator Woodside Energy confirmed a first-half net profit after tax (NPAT) of US$1.64 billion with operating revenues surging 132 percent to US$5.81Bln after a more than doubling of commodity prices.

Australian LNG plant operator Woodside Petroleum posted an annual net loss of US$4.02 billion, including non-cash impairments, as the LNG price plunge in 2020 cost the company US$1.50Bln in revenues.