Woodside’s high-stakes BHP merger

DEEP-DIVE: Scarborough LNG is go, decommissioning liabilities be damned

Australia’s Woodside Energy is shouldering billions of dollars of oil and gas decommissioning liabilities to clear the way for its flagship Scarborough LNG project. But the proposed merger with BHP is far from a done deal. If it goes through, the combined company would face complex commercial and strategic challenges which could leave it poorly aligned …