Woodside Energy

Woodside Energy is an Australian gas company, notable recently due to several significant events. The company's Karratha LNG plant was recently taken offline due to a cyclone impacting Western Australia, contributing to fuel supply concerns. More significantly, Woodside's CEO, Meg O'Neill, has been appointed as the new CEO of BP, marking the first time BP has hired an external candidate for the role in over a century and the first woman to lead a top-five oil major. O'Neill's departure comes at a time when BP is shifting its strategy, increasing cost-cutting measures due to falling profits, and pivoting back towards fossil fuels. O'Neill's previous criticisms of climate activists add another layer of complexity to her move to BP. These events highlight Woodside's role in the global energy market and the shifting dynamics within the industry.