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Woodside scraps long-term emissions and clean energy targets despite windfall oil profits caused by Iran war

The Guardian World News August 25, 2026 · 3:29 am Read Original

Bearish -55.0

−100 Bearish 0 +100 Bullish

Woodside scraps long-term emissions and clean energy targets despite windfall oil profits caused by Iran war

Australia’s biggest oil and gas company recorded a 27% increase in sales profit to $1.67bn in the six-month reporting periodFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastWoodside 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. Continue reading...

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Source The Guardian World News

Published Aug 25, 2026 · 3:29 am

Article ID gxhn545

Original URL Open source

Bearish -55.0

−100Neutral+100

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