Tag: Oil & Gas
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Economics vs. Environment: Can Woodside’s Browse Project Survive the Financial Hurdles?
Introduction: A costly venture with uncertain economics Woodside Petroleum’s ambitious Browse offshore gas project has long been framed in environmental terms. Critics point to its proximity to the Scott Reef and the potential for coral and marine-life disruption, as well as concerns about carbon emissions. Yet a growing chorus of analysts argues that the project’s…
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Economics, not just the environment, could derail Woodside’s Browse gas project
Overview: A project under financial pressure as much as environmental scrutiny Woodside Petroleum’s bid to develop the Browse offshore gas fields near Western Australia remains a high-stakes test of whether a megaproject can survive a crowded energy landscape. While opponents have framed the fight around coral reefs at Scott Reef and rising emissions, industry analysts…