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Low oil price hits Woodside's revenue

Plummeting oil prices saw revenues at Australian giant Woodside Petroleum slide 36.5% in 2015, but the start up of new developments should help provide a boost to 2016 production.

Low oil prices: Woodside chief executive Peter Coleman said the company's low cost production had helped take some of the sting out of the fall in oil prices
Low oil prices: Woodside chief executive Peter Coleman said the company's low cost production had helped take some of the sting out of the fall in oil prices
Published 21 January 2016, 01:19Updated 21 January 2016, 01:25
Asia & Oceania