Woodside and the East Timorese government have just 10 days to strike a deal on a lucrative gas project — or the controversial sea boundary between Australia and East Timor will be redrawn. Billions of dollars are at stake.
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WOODSIDE PETROLEUM
The Power Index: biz directors, Michael Chaney at #3
Michael Chaney faces a boardroom test this week from NAB shareholders. But the Big Four chairman (and Woodside Petroleum director) has an impressive career behind him building Wesfarmers into the corporate powerhouse it is today. He’s a flag-bearer of propriety to those who know him.
READ MOREGusmao victory consolidates democracy in Timor-Leste
After changing government in 2007, the people of Timor-Leste have again voted strategically, to focus their vote on the major parties.
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Bartholomeusz: BHP’s gas play ticks all the boxes
A company such as BHP, with its vast balance sheet and cash flows, is able to accelerate development.
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Bartholomeusz: Woodside’s shell is cracking
BHP Billiton has, perhaps temporarily, doused the flames of expectation that it was about to mount a $46 billion bid for Woodside Petroleum.
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We’re a winner as second-worst
The global risk advisory firm Maplecroft has ranked Australia second among six countries it ranks as “extreme risk” on the basis of their high CO2 emissions from energy use.
READ MOREA turkey rally on Wall St
The Dow is up. Let’s talk turkey…
READ MOREFor the West it’s no story without Stokes
You can’t keep a good media proprietor down, writes Perth paper watcher Skink. Kerry Stokes has been gracious enough to appear in his own TV studio, and on the front page of his own paper.
READ MOREAll Ords failed to push through resistance
Most sectors were down in the market this morning, while the Dow was up 70.
READ MOREWoodside’s $25,000 to WA Liberals condenses
WA Liberals have brought home the bacon for Woodside, writes Bernard Keane.
READ MOREMorning Market Report
The highlights and lowlights of this morning’s sharemarket activity.
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