Tuesday, 16 August 2011
Woodside profit buoyed by higher oil prices
Woodside petroleum has stated a 3.6 per cent increase in first half underlying profit. Their shares rose 68 per cent in trading, with the company confirming its flagship Pluto LNG project to start producing in March 2012. Although there has been a higher evenue for Woodside has endured lower production and sales levels in 2011.
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