Gas prices boost Woodside’s sales, but there’s bad news at Wheatstone

Energy giant Woodside has reported a 19 per cent jump in third-quarter revenue to $US1.5 billion ($2 billion) thanks to surging gas and oil prices, but revealed a dramatic cut in the estimated reserves of its Wheatstone LNG Project.

Woodside CEO Meg O’Neill said revenue from LNG sales in the…