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Woodside’s deal poses a new green conundrum

RPT-BREAKINGVIEWS-Woodside’s deal poses a new green conundrum The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Antony Currie MELBOURNE, Aug 13 (Reuters Breakingviews) - Woodside Energy's WDS.AX latest attempt to win over its climate-conscious shareholders smells a bit off. The Australian oil and gas driller is paying $2.4 billion to buy an ammonia plant that OCI Global is building in Texas.
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Woodside’s deal poses a new green conundrum

BREAKINGVIEWS-Woodside’s deal poses a new green conundrum The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Antony Currie MELBOURNE, Aug 13 (Reuters Breakingviews) - Woodside Energy's WDS.AX latest attempt to win over its climate-conscious shareholders smells a bit off. The Australian oil and gas driller is paying $2.4 billion to buy an ammonia plant that OCI Global is building in Texas.
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Australia's Woodside gains; Morningstar sees Beaumont project as robust part of energy transition

BUZZ-Australia's Woodside gains; Morningstar sees Beaumont project as robust part of energy transition ** Shares of Australia's Woodside WDS.AX rise as much as 0.8% to A$25.32 ** Woodside earlier in the week said it will take over OCI Global's Beaumont low-carbon ammonia project in Texas for $2.35 billion ** Analysts at Morningstar remain positive
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Australian shares pare gains as c.bank warns of restrictive policy after holding rates

Australian shares pare gains as c.bank warns of restrictive policy after holding rates Updates to add RBA decision, latest moves Aug 6 (Reuters) - Australian shares pared some gains on Tuesday after the central bank held interest rates steady as expected, but reiterated that it was not ruling out further increases to control inflation. The S&P/ASX 200 index .AXJO was up 0.2% at 7,666.8 points at 0443 GMT, after gaining as much as 0.8% earlier in the session.
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Woodside Energy hits over 2-year low on $2.35 bln ammonia project buy

BUZZ-Woodside Energy hits over 2-year low on $2.35 bln ammonia project buy ** Shares of Woodside Energy WDS.AX fall as much as 5.5% to A$25.020, their lowest since Feb. 1, 2022 ** Stock posts its biggest intraday percentage decline since March 16, 2023 ** Energy giant said on Monday it would buy Dutch fertiliser co OCI Global's OCI.AS clean ammonia
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds: Thoughtworks, Tenet Healthcare, Mallinckrodt, Quantum Capital Group, Credit Agricole Updates: L'Oreal Aug 5 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Monday: ** Thoughtworks TWKS.O agreed to be taken private by Apax Partners in a deal worth about $1.75 billion, the technology consultancy firm said, nearly three years after its stock market debut.
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Aug 5 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Monday: ** Dubai's Sidara said it was walking away from its plan to buy UK's John Wood Group WG.L , citing rising geopolitical risks and uncertainty in the financial market, prompting the British engineering group's shares to plunge 40%.
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STOXX 600 hits six-month low in global rout on US recession fears

UPDATE 2-STOXX 600 hits six-month low in global rout on US recession fears For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Volatility index hits highest since March 2022 Major European exchanges touch multi-month lows Euro zone business growth at a standstill, survey shows Galderma up after L'Oreal says it will buy 10% stake STOXX 600 closes down 2.2% Updated at 1600 GMT By Ankika Biswas and Pranav Kashyap Aug 5 (Reuters) - The main Euro
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European shares battered in global sell-off

LIVE MARKETS-European shares battered in global sell-off STOXX 600 -2.3% Asia-Pac markets tumble, Nikkei down 12.4% Miners, energy lead sell-off Banks weak Wall Street futures plunge Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com EUROPEAN SHARES BATTERED IN GLOBAL SELL-OFF European stock markets are tumbling on Monday alongside a brutal sell-off in global shares, on worries abou
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Australia's Woodside Energy to buy Texas ammonia project for $2.35 bln

UPDATE 2-Australia's Woodside Energy to buy Texas ammonia project for $2.35 bln Adds background, details, CEO comment in paragraph 3 Aug 5 (Reuters) - Australia's Woodside Energy WDS.AX said on Monday it will acquire OCI Global's OCI.AS clean ammonia project in Texas for $2.35 billion as the energy firm advances its transition towards green energy.
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