BHP deal buys Woodside space to plan life beyond fossil fuels

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Australia's oil and gas champion Woodside was seemingly a company without much of a future. Until this week.

Provided Scarborough went ahead, Mr Bethune said, it could be the last major LNG project of its kind developed in Australia.

She noted Woodside itself had identified hydrogen and ammonia as other options to pursue as the world shifted towards net-zero emissions."The existing fields Woodside operates were starting to decline and had an outlook of decline," Ms George said. Ms George noted this could make it easier for Woodside to attract money from overseas investors but there were potential downsides as well.

 

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