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Woodside boosts profits, expected output

By:  
Creamer Media Senior Deputy Editor: Australasia
 
OIL & GAS
Oil and gas producer Woodside Petroleum has reported a significant upswing in profits for the full 2016, as the company exceeded its production targets and reduced its operating costs. Net profit for the 2016 financial year reached $868-million, compared with the $26-million reported for 2015.
 
 
 
 
 

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