WDS 0.40% $27.28 woodside energy group ltd

17 mins ago – 9.08amChevron's NW Shelf exit a sign of the...

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    17 mins ago
    9.08am

    Chevron's NW Shelf exit a sign of the times

    James Thomson

    Chevron’s decision to sell its one-sixth share in the giant North West Shelf LNG venture is a sign of the times – for big oil, for Chevron and the project itself.


    Chevron will seek to sell out of Australia's largest and longest running liquefied natural gas venture, heralding the biggest overhaul in the Western Australian petroleum industry for decades and removing a significant obstacle in the way of Woodside Petroleum's gas growth ambitions.
 
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