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Name | Symbol | Market | Type |
---|---|---|---|
BP Plc | NYSE:BP | NYSE | Depository Receipt |
Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
-0.17 | -0.43% | 39.45 | 39.60 | 39.11 | 39.52 | 6,807,166 | 23:15:19 |
By Ross Kelly
SYDNEY--Woodside Petroleum Ltd. (WPL.AU) said Tuesday it's delayed making a decision on whether to proceed with the Browse gas-export joint venture.
Woodside and partners including Royal Dutch Shell PLC (RDSA.LN) and BP PLC (BP.LN) will now target a final investment decision in mid-2016, back from previous guidance of the second half of 2015, Woodside said.
Analysts estimate the floating liquefied natural gas project could cost around US$40 billion to build.
LNG is typically sold in contracts linked to the oil price, which has tumbled in recent months due to a global supply glut.
Write to Ross Kelly at ross.kelly@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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