Seven West Media Ltd., Australia’s most watched television broadcaster, reported a first-half loss after making A$261 million ($270 million) of charges including writing down its magazines and online venture with Yahoo! Inc.
Woodside Petroleum Ltd. is being “proactive” with Royal Dutch Shell Plc about its remaining shares in the Australian company after the sale of a 10 percent stake last year, Chief Executive Officer Don Voelte said.
Woodside Petroleum Ltd. may need a “diplomat rather than an explorer” to overcome obstacles to developing natural gas projects after Chief Executive Officer Don Voelte retires, Goldman Sachs & Partners Australia Pty said.
Woodside Petroleum Ltd. Chief Executive Officer Don Voelte said he’s still seeking to resolve a dispute with East Timor over how to develop the Sunrise project after meeting with the country’s president.
Woodside Petroleum Ltd. Chief Executive Officer Don Voelte said he’s concerned about the development of the Sunrise gas project off northern Australia after East Timor objected to the company’s plans for the field.