Woodside Reviews Beaumont New Ammonia Asset and Cuts Scope 3 Target
Woodside will conduct a strategic review of its Beaumont New Ammonia clean energy asset in Texas and plans to cut $350 million in costs from 2028. CEO Liz Westcott says Woodside is on track for its 2030 direct emissions target but will reduce its Scope 3 target. It declared a 57 cents interim dividend, kept 2026 production guidance and $4–$4.5B capex range.
Coverage (8)
- Woodside Retreats on Clean Energy to Double Down on LNG (energynow.com)
- Woodside Profit Jumps as Higher Prices Offset Lower Output (bloomberg.com)
- Woodside scraps clean energy target, posts 7% first-half profit rise (wtvbam.com)
- Woodside scraps long-term emissions and clean energy targets despite windfall oil profits caused by Iran war (theguardian.com)
- Woodside Energy Profit Up As Control Speculation Grows (forbes.com)
- Woodside Energy Profit Up As Control Speculation Grows (ca.finance.yahoo.com)
- Woodside scraps clean energy target, posts 7% first-half profit rise (reuters.com)
- Woodside Energy Half-Year Report for Period Ended 30 June 2026 (finance.yahoo.com)