A major investor revolt is brewing at Woodside Energy after a leading pension fund rejected its new CEO’s multi-million-dollar pay package, raising fresh concerns over executive compensation and climate strategy.

BP has appointed Meg O’Neill, CEO of Australia’s Woodside Energy, as its next chief executive, following the abrupt departure of Murray Auchincloss.

Australia has approved a 40-year extension for the North West Shelf, one of its largest liquefied natural gas (LNG) projects, sparking criticism from Pacific Island nations concerned about escalating climate impacts.

Woodside has achieved first oil from the Sangomar field offshore Senegal, marking the safe delivery of the country’s first offshore oil project.

Senegal joined the club of oil-producing countries on Tuesday as Australian group Woodside Energy announced that production had started in the west African country's first offshore project, News.Az reports citing AFP.