Woodside Energy Group Ltd shares experienced a 1% increase as a result of a positive development in their partnership with Keppel. The two companies have signed a conditional offtake term sheet for the supply and purchase of liquid hydrogen to power Keppel's data centers in Singapore. This agreement is a significant step towards incorporating lower carbon energy sources into Keppel's operations, aligning with their sustainability goals. The term sheet outlines commercial principles that could lead to a binding offtake agreement as early as 2030, with liquid hydrogen to be sourced from Woodside's proposed production facilities. Both Woodside and Keppel executives expressed optimism about the collaboration, emphasizing the importance of transitioning to greener energy sources. Woodside's CEO highlighted their history of reliable energy supply to Asia, while Keppel's Data Centres CEO emphasized the need for stable lower carbon energy sources as part of their commitment to net zero emissions. Despite this positive development, Woodside shares have seen a decline of almost 30% over the past year, reflecting broader market trends in the energy sector.