DOSSIER / ACTORCOMPANY · GAS
Woodside
Woodside Energy
Status Exposed
Australia's largest oil and gas producer. US$3.6bn profit in 2024, dividends flowing mostly offshore; its CEO left for a British major on multiples of the pay.
- Last on record
- 2026-09
- Named in
- 17 articles
- Across
- 3 cases
Named in 17 articles across 3 cases 29 connections: companies 13, lobbies 1, mechanisms 3, regulators and bodies 3, agencies and departments 2, parties and organisations 1, people 6
Key figure on file
4.3 billion tonnes
Woodside’s own estimate of additional CO2 emissions over the NWS extension’s lifetime, equivalent to the combined lifetime emissions of 14 Pacific Is… World Energy News / Fossil Fuel Non-Proliferation Treaty Initiative
Corporate income tax paid · 2023-24
A$2.26bn
Unlike its gas peers, Woodside does pay substantial tax, income and resource rent alike. ATO Report of Entity Tax Information 2023-24, Woodside entities combined (Woodside release, 2 October 2025).
on total income of A$19.8bn · PRRT A$796m
Fig. 01 / Where this name appears
Australia's Gas Heist4.3 billion tonnesWoodside’s own estimate of additional CO2 emissions over the NWS extension’s lifetime, equivalent to the combined lifetime emissions of 14 Pacific …9 articles →The Inflation Rort66 articles →The War Trade22 articles →
Fig. 01Source: article scan · every article naming itAs of 2026‑09Auto-assembled
Fig. 02 / On the record
- 4.3 billion tonnesWoodside’s own estimate of additional CO2 emissions over the NWS extension’s lifetime, equivalent to the combined lifetime emissions of 14 Pacific Island nations.Source: World Energy News / Fossil Fuel Non-Proliferation Treaty InitiativeGas and climate: the final rort →
- USD 2.9 billionJapan’s investment in Woodside’s Scarborough gas field between 2023 and 2024, in direct contradiction of Japan’s G7 commitment to end new direct public support for overseas fossil fuel projects.Source: Energy Tracker AsiaGas and climate: the final rort →
- A$220,000/yearWoodside paid approximately A$220,000 per year to maintain simultaneous platinum access to both governments, regardless of which one was in office. This is not ideological support. It is risk management.Source: Australian Journal of Politics & History, 2024The political connections →
- US$4,185mWoodside's second quarter 2026 revenue, up 28 per cent on Q1 2026 (US$3,261m) and up 28 per cent on Q2 2025, at a realised price of US$85 per barrel of oil equivalent, itself up 35 per cent.Source: Woodside Second Quarter Report 2026 [1]The boom that paid Woodside back →
- US$210-410m benefitWoodside's guided statutory PRRT outcome for the half year to 30 June 2026. The same table guides an underlying PRRT expense of US$190-390m; the gap is the one-off Pluto deferred tax asset adjustment of approximately US$600m pre-income tax.Source: Woodside Second Quarter Report 2026 half-year guidance [1]The boom that paid Woodside back →
- A$796mPRRT paid by Woodside in 2023-24, alongside A$2.26bn in corporate income tax, making it Australia's largest PRRT payer.Source: ATO Corporate Tax Transparency 2023-24, as reported by Woodside [4]The boom that paid Woodside back →
- US$3.6bnWoodside net profit after tax in 2024Source: Woodside Full-Year 2024 ResultsWho profits →
- £12.2mMeg O’Neill’s BP pay package in her first year: more than double her Woodside salarySource: Energy Voice, 2026Who profits →
Fig. 02Source: figures on file for this name, each tied to the article it came fromAs of 2026‑09Auto-assembled
Fig. 03 / Named together
Fig. 03Source: article scan · articles naming bothAs of 2026‑09Auto-assembled
02 / Connected in the graph
Companies 13
SantosCOMPANY · GAS · 13ChevronCOMPANY · GAS · 11INPEXCOMPANY · GAS · 8ShellCOMPANY · GAS · 7ColesCOMPANY · SUPERMARKETS · 2WoolworthsCOMPANY · SUPERMARKETS · 2Hancock ProspectingCOMPANY · 2TransurbanCOMPANY · TOLL ROADS · 1QantasCOMPANY · AVIATION · 1Trump MediaCOMPANY · TRUMP MEDIA & TECHNOLOGY GROUP · 1News CorpCOMPANY · MEDIA · 1NineCOMPANY · MEDIA · 1Seven West MediaCOMPANY · MEDIA · 1Lobbies 1
Australian Banking AssociationLOBBY · BANKING INDUSTRY GROUP · 4Mechanisms 3
The PRRTMECHANISM · TAX · 14Offshore DecommissioningMECHANISM · LIABILITY · 6The Revolving DoorMECHANISM · 3Regulators & bodies 3
The RBAFEDERAL REGULATOR · 6The ACCCFEDERAL REGULATOR · 4NOPSEMAFEDERAL REGULATOR · 2Agencies & departments 2
The ATOACTOR · AGENCY · 3PM&CACTOR · DEPARTMENT · 1Parties & organisations 1
One NationPOLITICAL PARTY · 4People 6
Jim ChalmersPERSON · TREASURER · 7Anthony AlbanesePERSON · POLITICIAN · 6Kerry StokesPERSON · MAGNATE · 3Donald TrumpPERSON · US PRESIDENT · 2Gina RinehartPERSON · EXECUTIVE CHAIRMAN OF HANCOCK PROSPECTING · 1Barnaby JoycePERSON · ONE NATION MP FOR NEW ENGLAND · 103 / The evidence chain
Australia's Gas Heist
03What Norway builtAUSTRALIA'S GAS HEIST · 04Who profitsAUSTRALIA'S GAS HEIST · 05The political connectionsAUSTRALIA'S GAS HEIST · 07Why nothing changesAUSTRALIA'S GAS HEIST · 08What the media covers and howAUSTRALIA'S GAS HEIST · 09The decommissioning rortAUSTRALIA'S GAS HEIST · 11Gas and climate: the final rortAUSTRALIA'S GAS HEIST: FINAL · 12The A$60 billion boomerang: who cleans up the offshore rigs when the gas money is goneAUSTRALIA'S GAS HEIST · 14The boom that paid Woodside backAUSTRALIA'S GAS HEIST · The Inflation Rort
03Why the RBA did all the workTHE INFLATION RORT · 07The political connectionsTHE INFLATION RORT · 09Four rises in 2026THE INFLATION RORT · 16Is it the only way?THE INFLATION RORT · 17Nine people, one rateTHE INFLATION RORT · 18Seven votes for a gas export tax, all lostTHE INFLATION RORT · The War Trade
03The Australian positionTHE WAR TRADE · 04The round tripTHE WAR TRADE ·