Woodside Petroleum Limited

BHP Group will transfer a smaller-than-expected $3.9 billion in oil and gas decommissioning liabilities to Woodside when it merges its petroleum business with the independent Australian gas producer.

* Government says consulting on levy legislation (Adds Treasury, industry lobby group comment)

Woodside Petroleum is paying new CEO, Meg O'Neill, around 25% less than her predecessor, even as she embarks on sealing a deal to double the size of the Australian company to turn it into a top 10 independent oil and gas producer.

Shares in BHP Group and Woodside Petroleum fell on Wednesday as investors on both sides raised questions about the value of the Perth-based oil and gas group's proposed $29 billion merger with BHP's petroleum arm.

Shares in BHP Group Ltd. and Woodside Petroleum fell on Wednesday as investors digested details of the Perth-based oil and gas group's A$40 billion ($29 billion) merger with BHP's petroleum arm, with some questioning the value of the deal for Woodside.

* H1 underlying profit rises 17%, misses broker forecasts (Recasts with investor, analyst comments)

* Shareholders worry about stock overhang (Adds Woodside CEO comments, investor comment)

BHP Group has agreed to sell its petroleum business to Woodside Petroleum in a merger to create a top 10 independent oil and gas company worth A$38.5 billion ($28 billion) with growth assets in Australia and the Americas.

Woodside Petroleum Ltd on Tuesday named Meg O'Neill as its chief executive officer, after she was appointed as the interim head in April following the exit of Peter Coleman. (Reporting by Sameer Manekar in Bengaluru; Editing by Shounak Dasgupta)

BHP Group said on Tuesday it would sell its petroleum assets to Woodside Petroleum in an all-stock deal as the world's biggest listed miner posted its best annual profit in nearly a decade. (Reporting by Nikhil Kurian Nainan and Anushka Trivedi in Bengaluru; Editing by Shounak...

* Woodside shares drop 4%, BHP off 0.2% (Recasts with analysts' comments, share price reaction)

Expectations are growing that BHP Group Ltd will deliver a verdict on the future of its petroleum business at its results next week, as it comes under increasing pressure to cut its fossil fuel footprint.

Shares in Woodside Petroleum fell on Wednesday after an unsourced media report said Australia's top independent gas producer was in talks to buy some or all of BHP Group's oil and gas assets, analysts and an investor said.

This week's decision by Australia's Woodside Petroleum Ltd to pull out of a big Canadian liquefied natural gas (LNG) project was the latest blow to a sector that has been heralded for its growth prospects worldwide.

Woodside Petroleum's outgoing boss said on Friday his replacement will face two company-defining challenges: replacing its ageing assets and managing the transition to cleaner energy.

* Santos sees carbon capture eliminating its emissions (Writes through with Woodside, Santos votes)

* Coleman exit comes ahead of $11 bln investment decision (Adds Woodside comment, reported CEO candidates)

Australia's biggest independent gas producer Woodside Petroleum Ltd would allow shareholders cast a non-binding, advisory vote on its climate reporting at its annual general meeting next year, the company said on Friday.

Australia's biggest independent gas producer Woodside Petroleum Ltd on Friday said it would let shareholders cast a non-binding, advisory vote on its climate report at its annual general meeting in 2022.