‘A journey’: Woodside vows to increase oil and gas production in Australia

Woodside CEO Meg O’Neill says Woodside is vowing to continue increasing production of oil and gas in Australia while increasing their operating cash flow.

“We’ve been on a journey the past few years making decisions that are going to transform the company,” Ms O’Neill told Sky News host Ross Greenwood.

“Between 2024 and 2032 … we’re going to increase our production by 50 per cent, increase our operating cash flow by more than 50 per cent, and that will give us the capacity to increase our dividend to shareholders by 50 per cent per share.