Coleman Says Woodside Needs to Broaden Portfolio

Feb. 23, 2012 - Feb. 23 (Bloomberg) -- Woodside Petroleum Ltd. Chief Executive Officer Peter Coleman talks about the company's financial results and business outlook. Woodside, Australia's second-largest oil and gas producer, said yesterday full-year profit dropped 4 percent on one-time charges, including expenses for the delay of its Pluto project in Western Australia. Coleman also discusses the dispute within the nation's ruling Labor party. He speaks from Sydney with Zeb Eckert on Bloomberg Television's "First Up." (Source: Bloomberg) (/Bloomberg) Correction: Clarification:

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Business

Coleman Says Woodside Needs to Broaden Portfolio