Woodside Deals with Production Issues and 'Volatility' as Oil and Gas Prices Rise

During the quarter, the Australian producer's gas businesses faced a mix of successes and setbacks. During the period, its onshore Karratha Gas Plant, which is located near the offshore North West Shelf Venture, and its Wheatstone LNG project in Western Australia had increased liquefaction volumes, but its surrounding fields witnessed lower output. According to the firm, "reliability events" and weather concerns impacted the Plut....