Woodside Energy Group announced a long-term liquefied natural gas (LNG) supply agreement with Turkish state-owned energy company BOTAŞ, delivering approximately 0.5 million tons of LNG annually for nine years starting in 2030. The deal, sourced from Woodside's Louisiana LNG facility, formalizes a non-binding agreement from September and marks Woodside's first long-term LNG supply arrangement with Turkey.

Energy Transfer (ET) had a disappointing 2025 with units down over 15% due to slowed earnings growth. The analyst predicts 2026 will be more active, forecasting at least one multi-billion-dollar acquisition and the sale of the Lake Charles LNG project to a strategic buyer. The company's lack of major deals since mid-2024 has contributed to its underperformance, but its strong financial position positions it well for growth through consolidation.

BP has appointed Meg O'Neill as its first female CEO in the company's 116-year history, replacing Murray Auchincloss after less than two years. O'Neill, previously from Woodside Energy, will take over on April 1st and lead BP's renewed focus on oil and gas production.

Australia is experiencing significant challenges in finalizing major mergers and acquisitions, with multiple high-profile deals collapsing due to valuation disputes, regulatory hurdles, and unexpected complications.

Woodside Energy Group has signed LNG sale and purchase agreements with Uniper SE for up to 2 Mtpa from its Louisiana LNG project, supporting the final investment decision and boosting Woodside's Atlantic LNG footprint.

Honeywell is considering spinning off its aerospace business and selling its PPE business. Textron is restructuring its Powersports business, which Deere may acquire. DLocal, a Latin American payments provider, is up for sale. Soho House's chairman is making a $1.8 billion bid to take the company private. Chevron and Woodside Energy finalized an asset swap deal.

Tellurian, a liquified natural gas project developer, agreed to be acquired by Woodside Petroleum for $1.2 billion, providing substantial value to Tellurian shareholders. However, Tellurian's shares are still down significantly from their peak, and the deal is unlikely to see a higher bid, so shareholders should consider selling.

Australian shares declined following a drop in US markets, with the S&P/ASX 200 Index falling 0.1%. The energy sector and miners faced losses, while some companies like Pilbara Minerals and Platinum Capital saw share price movements.

Top brokers have recommended 3 ASX shares as buys this week: Life360 Inc, Lynas Rare Earths Ltd, and Woodside Energy Group Ltd. Brokers are bullish on these companies due to their strong performance, growth potential, and favorable industry outlook.

The Australian share market is expected to edge higher on Wednesday, with investors keeping an eye on oil prices, Pilbara Minerals' quarterly update, and the gold price. Analysts have also reiterated a buy rating on Lynas Rare Earths.

NXP Semiconductors reported mixed Q2 results, with revenue beating estimates but earnings missing. The company also provided Q3 guidance that fell short of expectations. Medpace, Oatly, Archrock, and Serve Robotics also saw their shares decline in pre-market trading.

Tellurian, an LNG developer, has agreed to sell itself to Woodside Energy Group for $1.2 billion. The deal will allow Tellurian investors to recoup some of their investment, as the company struggled to independently develop its Driftwood LNG project. Woodside Energy sees the acquisition as a long-term growth opportunity, leveraging its expertise to commercialize the Driftwood project.