Monday, 15 June 2026 07:56

Woodside denies Exxon takeover bid

Woodside Energy said on Monday it is not aware of any takeover proposal Exxon Mobil and is not engaged in any such discussions. There is no certainty Exxon will proceed with a bid, as both companies continue to collaborate on the Bass Strait project.

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AG&P is raising its stake in Vietnam’s Cai Mep LNG terminal to 100%, taking full control of the 3 mtpa terminal as Hai Linh Company divests its interest.

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Woodside Energy gears up to officially break ground on the $17.5 billion Louisiana LNG facility today – the biggest direct foreign investment in the state’s history. Planned production capacity is up to 16.5 mtpa, with first LNG targeted in 2029.

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Canada’s largest private utility FortisBC is eager to find alternative offtakers from its Tilbury LNG facility after a deal with Hawaiian Electric faltered. Expansion of the Tilbury site is now at risk - the timeline will be pushed back, if no alternative buyer can be found. 

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