Oil and gas companies’ record sales figures come as Nobel prize-winning economist Joseph Stiglitz calls for windfall profits tax
The results from Woodside and Santos come after coalminer Whitehaven predicts a record profit for the year of $3bn – up from $200m – off the back of record-high coal prices.The results from Woodside and Santos come after coalminer Whitehaven predicts a record profit for the year of $3bn – up from $200m – off the back of record-high coal prices.High energy prices due to Russia’s invasion ofOn Thursday, Woodside said revenue for the three months to the end of June was $3.
As part of the BHP deal, Woodside received $1.1bn in cash, which included the money in BHP Petroleum’s bank accounts immediately before the takeover.
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