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AAP
AAP
Business
Marion Rae

Woodside under the pump on climate risk as profit falls

Woodside has reported a fall in profits as energy prices return to normal. (Joel Carrett/AAP PHOTOS)

Woodside Energy has been slammed for ignoring climate science as it presses ahead with the controversial Scarborough gas field it says will be the company's next "crown jewel".

The Perth-based oil and gas giant on Tuesday slashed the dividend paid to shareholders as it reported a sharply reduced annual profit due to lower commodity prices, inflationary pressures and asset writedowns.

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