Woodside Energy Group Ltd reported a 13% increase in production for the second quarter, reaching 50.1 MMboe. Sales also saw a growth to 54.4 MMboe, up from 48.2 MMboe last year. Revenue for the quarter rose by 8% to US$3.275 billion. The company is on track to reduce net equity Scope 1 and 2 greenhouse gas emissions by 15% by 2025. For fiscal year 2025, Woodside Energy Group Ltd expects production to be in the range of 188 MMboe – 195 MMboe, slightly adjusted from the previous outlook.

Read more at Nasdaq: Woodside Energy Group Q2 Production Up 13%; Updates FY Production Outlook