Resources
Biggest Oil and Gas Development in Australia For 10 Years – Scarborough Gets The Go-Ahead
November 25, 2021
Woodside will press ahead with the biggest oil and gas development to be built in Australia in a decade, after sanctioning its $16.5 billion Scarborough project off Western Australia. The decision comes despite a furious, last-ditch bid by environmentalists to stymie the project after the Conservation Council of WA last week launched legal action, claiming the project required assessment under federal law. That decision also coincided with news that the boards of Woodside and BHP had agreed to merge their petroleum businesses in a $40 billion deal, which will create one of the world’s biggest fossil fuel players. With a …
