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...Son soon decided to rebuild Friedman’s mansion, landing his SV Projects LLC at the centre of controversy in the little town of Woodside....
...The share capital was acquired in exchange for new Woodside shares, which meant Woodside avoided having to raise capital for the A$63bn deal....
...Woodside Petroleum completed a merger with BHP’s oil and gas business this year, while Santos merged with rival Oil Search in a A$21bn deal last year....
...The S&P/ASX 200 Energy index was up 1.3 per cent in Sydney with major producers Origin Energy and Woodside Petroleum adding 1 per cent and 0.8 per cent, respectively....
...Beach Energy was up 1.6 per cent, Santos was 1.3 per cent higher and Woodside Petroleum gained 0.9 per cent....
...In Sydney, the S&P/ASX 200 Energy index was up as much as 0.8 per cent at a two-week high, with Woodside Petroleum up 0.9 per cent and Origin Energy up 0.7 per cent....
...Woodside was the worst performer, down 3 per cent, followed by Beach Energy and Santos, which lost 2.6 per cent and 2.4 per cent respectively....
...Among the bigger producers, Origin Energy was 1.9 per cent higher, Beach Energy added 1.8 per cent and Woodside Petroleum was up 1.6 per cent....
...The S&P/ASX 200 Energy index was up 0.7 per cent, with Beach Energy increasing 3.3 per cent, Woodside Petroleum up 1.3 per cent and Santos 1.0 per cent higher....
...Shares in Woodside Petroleum, Caltex Australia and Origin Energy were down 1.3 per cent apiece and Beach Energy was 1.1 per cent lower. The broader ASX/S&P index was hanging on, up 0.1 per cent....
...The S&P/ASX 200 Energy index was off as much as 0.6 per cent in early trading in Sydney with major exporters Woodside Petroleum and Santos each down 0.6 per cent....
...Caltex Australia added 1.4 per cent while Santos lifted 1.3 per cent and Woodside Petroleum was 0.4 per cent higher. The broader S&P/ASX index was up 0.7 per cent....
...Among the biggest winners were Santos, up 2.2 per cent, Beach Energy, up 2 per cent, Woodside Petroleum, up 1.8 per cent, and Origin Energy, up 1.2 per cent....
...The Australian market was down 0.9 per cent, as shares in energy companies sank to a two-week low after the price of oil edged lower and Shell cut its stake in Woodside Petroleum....
...The S&P/ASX Energy index was off as much as 0.6 per cent in early trading in Sydney with major exporters Woodside Petroleum and Santos each down by the same amount Westfield was the best performer in Sydney...
...The S&P/ASX 200 Energy index was 1.3 per cent higher on Monday with Santos up 2.5 per cent, while Beach Energy and Woodside Petroleum added 2.3 per cent and 1.8 per cent, respectively....
...Among major Australian firms, Santos and Woodside Petroleum were down 1.6 per cent and 1.5 per cent, respectively....
...Caltex Australia was down 1.9 per cent, Origin Energy shed 1 per cent and Woodside Petroleum was down 0.9 per cent as investors digested the continued fall in oil prices from Thursday’s peak....
...Larger producers had smaller gains, with Santos and Woodside Petroleum each lifting 0.6 per cent....
...Santos and Woodside Petroleum each added 0.7 per cent. Oil continued to gain on Friday with Brent crude up 0.2 per cent at $59.42 a barrel....
...Corporate earnings reports out today include Tencent, CSL, Cathay Pacific, Fairfax Media, Hopewell Holdings, Mineral Resources, Towngas China, Woodside Petroleum, China Resources Power, Geely Automobile,...
...In December last year, ASX-listed rival Woodside Petroleum dropped an $8.4bn bid for Oil Search after its smaller rival said the indicative proposal “grossly undervalued the company”....
...Last year, Woodside lobbed an A$11.6bn takeover offer at rival Oil Search, but was rejected....
...Among energy stocks, Santos was up 5.9 per cent, Beach Energy was 4.6 per cent higher and Woodside Petroleum gained 3.7 per cent....
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