OIL & GAS
Woodside Petroleum CEO Peter Coleman said there's little need for more mergers and acquisitions by Australia's biggest independent oil and gas producer as it works on developing a handful of new projects at home and abroad.
The company, seen as short on growth, has had to rely on a few deals to build up reserves after being snubbed in late 2015 in an $8-billion bid for Oil Search and walking away from a $2.6-billion gas stake off Israel a year earlier.
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