WPL

Woodside Petroleum (ASX:WPL) has agreed to pay a $170,000 settlement to a former female executive to close a sexual discrimination case. The company maintains that this was done not in admission to the claim, but because it was the best way to conclude the case for both parties.

Outgoing Woodside Petroleum (ASX:WPL) chief executive Don Voelte has warned of cyber hacking from China and other countries, saying that resources companies are under attack "from everywhere."

Woodside Petroleum (ASX:WPL) reported today that it has discovered gas reserves at its Xeres-1 well in Western Australia.

Woodside,--which has a full equity interest in Xeres-1--along with joint venture partners WA-34-L Tokyo Gas and Kansai Electric, stand to acquire a 5 percent interest in the well.

The well is about 12 kilometres from the Pluto-1 discovery in licence WA-34-L, Carnarvon Basin, Western Australia.

New Woodside Petroleum (ASX:WPL) boss Peter Coleman has announced that he is sticking to the company's Browse gas development strategy while investors hope to quickly speed up getting gas from Scarborough field in WA's North West under the Pluto LNG project.

Woodside Petroleum (ASX:WPL) has appointed previous ExxonMobil Development Company vice president Peter Coleman to succeed current chief executive Don Voelte. Coleman commences his new top duties on May 30.

Coleman spent 27 years at ExxonMobil holding the vice presidency of the company's Americas region prior to being development company vice president. Coleman is an Australian citizen, originally coming from Sale in Victoria.

Delays and tensions mount over Woodside Petroleum's (ASX:WPL) Sunrise project. The Government of East Timor demanded the gas processing to be done on land but Woodside prefers a floating facility. Woodside holds a 33.4 percent interest in the Greater Sunrise gas development in the Timor Sea North of Australia.

Mining giant BHP Billiton Ltd. dispelled speculation that it is preparing a multibillion-dollar takeover bid for the oil-and-gas carrier Woodside Petroleum (ASX:WPL). Speculation has been renewed following reports from the UK Sunday Times that BHP was negotiating first with Royal Dutch Shell, the largest shareholder of Woodside (with 24 percent stake), before taking a full takeover bid worth US$50 billion.

Stock Market Software Detected these Winners on the ASX 100 for the week. These stocks increased their share price by the largest percentage on the Australian sharemarket, the Australian Securities Exchange (ASX) from the previous week of trading (11th week: 14th March to 18th March 2011). Other lists of ASX companies by market capitalisation.

Shares which underperformed on the ASX 100. These stocks decreased their share price by the biggest percentage on the Australian stockmarket, the Australian Securities Exchange (ASX) from the last week of trading (46th week of 2010: 15th November to 19th November). Stocks which underperformed include: AQP, OST, WAN, NCM, AMP, STO, QAN, WPL, JHX, DOW, PDN, IPL, ILU, GFF, OZL. Other lists of Aussie companies by market capitalisation.

ASX200 stock picks which sucked last week. These stocks decreased their share price by the biggest percentage on the Australian stockmarket, the Australian Securities Exchange (ASX) from the last week of trading (45th week of 2010 including the business days of 8th to 12th November). Stocks include: ABC, PLA, ISF, SEK, BOW, SPT, KMD, OMH, CVN, ALS, ALL, CPU, WBC, PBG, WPL. Other lists of Australian companies by market cap.