Woodside Energy

Woodside Energy is an Australian gas giant that has recently been in the news due to significant leadership changes and related shifts in the broader energy landscape. The company's former CEO, Meg O'Neill, is departing to take the helm at BP, marking the first time a woman will lead one of the top five major oil companies. This move is particularly noteworthy as BP is reportedly pivoting back towards fossil fuels, a strategy O'Neill appears aligned with, given her past criticisms of climate activism. O'Neill's departure and BP's strategic shift highlight the ongoing tensions and evolving strategies within the energy sector as companies navigate the energy transition and fluctuating global demand. The news coincides with Malaysia's Petronas seeking LNG supply deals, potentially impacting the global gas market in which Woodside operates.