Woodside Forecasts Rise in Revenue, Output

摘要

Woodside Petroleum reported on Thursday a drop in fourth-quarter 2017 revenue, despite an increase in the oil price from the previous year. However, revenue and production are seen rising in 2018, buoyed by higher volumes from the Chevron-led Wheatstone LNG scheme, in which Woodside has a 13% stake, and the current strength in oil and gas prices.