Shares in gas producer surge nearly 4% following announcement
Australia's Woodside Energy in April gave its final approval for a $17.5 billion Louisiana liquefied natural gas project, confident that a pro-fossil fuel U.S. administration and strong demand would give it competitive returns. © Reuters
(Reuters) -- Australia's Woodside Energy said on Wednesday it has agreed to explore opportunities to collaborate with Saudi Aramco, which might take a stake in its $17.5 billion Louisiana liquefied natural gas project.
Shares in Australia's top gas producer surged nearly 4% after the announcement.
