Now it is the time for more competition between two biggest petroleum groups Woodside and Chevron petroleum in West Australia.

As Chevron has already increased its status in last couple of days, so now its main rival Woodside has stepped forward as it has enhanced its bids to keep in same pace in the market.

As per the report, the Woodside has already approved of 13 billion dollars to expand more of its natural and Pluto liquefied gas project till the last session of this year.

But this could be very difficult as the oil and gas production house in Perth has to secure more gas from the third party and for this the company has to invest 8 billion dollar more.

The CEO of Woodside is going to give the business status report of the company for the first session and as the company has a mixed response during this first session so he may be now in a little bit pressure. As per the report, the company has to find more gas for the approval of its Pluto liquefied gas project till this year's end.