Woodside Energy Group (AU:WDS) has released an update.
Woodside Energy Group has reached an agreement with the Australian Conservation Foundation to dismiss a legal challenge against its Scarborough Energy Project, ensuring the continuation of the project which is on track to deliver its first LNG cargo in 2026. The project, which is crucial for energy security in Western Australia and Asian markets’ decarbonization efforts, is also expected to generate significant economic benefits including over A$50 billion in taxes and the creation of thousands of jobs.
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