Jun 12, 2026 – 11.39amWoodside Energy has blocked the entry of Japan’s Inpex into the $30 billion-plus Browse gas project off Western Australia’s far north-west, and will instead increase its own stake as it seeks to clear the way for its controversial plan to pipe the gas south to the North West Shelf processing plant at Karratha.The Perth-based oil and gas giant said it will exercise its pre-emptive rights at Browse, paying $US225 million ($319.5 million) to PetroChina, which had agreed to the sale of its 10.67 per cent stake to Inpex.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles