Offshore LNG News - page 10

 

EXPLAINER-What Can Australia's Labour Tribunal Do in Chevron's Dispute with LNG Workers?

Sep 13, 2023

Chevron has asked Australia's Fair Work Commission (FWC) to intervene in its dispute with workers on strike at two major liquefied natural gas facilities, banking on new laws that came into effect in June and which empower the industrial arbitrator…

Bumi Armada, Pertamina to Build LNG Floater for Offshore Gas Project in Indonesia

Sep 13, 2023

Malaysia's Bumi Armada on Wednesday said it has signed a deal with a subsidiary of Indonesian energy company Pertamina and natural gas trading company PT Davenergy Mulia Perkasa for development and commercialization of liquefied natural gas (LNG)…

TIMELINE-Chevron LNG Workers Go on Strike, Threatening Global Supply

Sep 11, 2023

Chevron Australia said on Monday it no longer expects to reach a deal with unions and would try an untested legal strategy to stop industrial action at its liquefied natural gas (LNG) facilities as unions prepare for full-scale strikes. The…

Chevron Gambles on Untested Laws to Halt Australia LNG Strike Action

Sep 11, 2023

Chevron Australia no longer expects to reach a deal with unions and will instead pursue an untested legal strategy to stop industrial action at its Gorgon and Wheatstone liquefied natural gas facilities as unions prepare for full-scale strikes…

Chevron Australia LNG Workers Start Strike. What Happens Now?

Sep 08, 2023

Workers at Chevron's liquefied natural gas (LNG) projects in Australia, which produce 5.1% of the world's supply of the super-chilled fuel, went on strike on Friday after mediation talks ended without a deal.WHAT'S NEXT?Unions kicked off action with short work stoppages and bans on certain tasks…

Strikes Start at Major Chevron Australia LNG Projects, No Talks Planned

Sep 08, 2023

Workers at Chevron's liquefied natural gas (LNG) projects in Australia went on strike on Friday after talks broke down, potentially disrupting output from facilities that account for over 5% of global supply.No further talks were scheduled between the unions and the U…

JERA Sees Muted Impact on LNG Prices from Potential Strike in Australia

Sep 07, 2023

Japan's JERA, one of the world's biggest buyers of liquefied natural gas (LNG), expects a muted impact on the market from a potential strike in Australia thanks to high stocks and low seasonal demand, a top executive said on Thursday.'I think the real impact is not much…

Shell Ditched Major Works on Prelude for Shorter Maintenance Schedule

Sep 06, 2023

Shell considered shutting its flagship Prelude FLNG facility off Australia for a year to fix issues that have plagued its operations, but instead opted for shorter maintenance period to allow it to capture strong gas demand, three industry sources said…

Thailand Regasification Capacity to Nearly Double by 2030 - PTT

Sep 06, 2023

Thailand's annual gas regasification capacity will nearly double by the end of the decade as liquefied natural gas (LNG) imports are set to rise to replace declining domestic production, a senior executive at energy company PTT said on Tuesday…

Woodside's Unions Settlement Costs at Australia LNG Project Moderate - CEO

Sep 05, 2023

Woodside Energy faces increased costs following negotiations with unions at its Australian liquefied natural gas (LNG) plant, but these will have a relatively modest impact on its overall business, CEO Meg O'Neill told Reuters on Tuesday.Last month…

Chevron Faces Two-week Total Strike at Australia LNG Projects

Sep 05, 2023

Workers at Chevron's Gorgon and Wheatstone liquefied natural gas (LNG) projects in Australia plan a total strike for two weeks from Sept. 14, a union alliance said on Tuesday, a significant escalation on disputes over pay and conditions.The…

Talks to Avert Strike Called as Chevron Australia LNG Workers Reject Deal

Sep 01, 2023

Planned work stoppages next week at two of Australia's largest liquefied natural gas (LNG) facilities are scheduled to go ahead unless mediation can produce a deal after workers at Chevron rejected the company's offer on pay and conditions.Australia is the world's biggest LNG exporter…

Petronas Posts Lower Profit as Energy Prices Drop

Aug 30, 2023

Malaysia's Petroliam Nasional Berhad (Petronas) will focus on bolstering its capital position to deal with increasing volatility in the energy market and 'restrictive' access to financing, the state oil firm's chief executive said on Wednesday…

Chevron's Union Fight Escalates in Australia

Aug 29, 2023

Chevron's two major LNG production facilities in Australia could face daily work stoppages of up to 10 hours next week after unions on Tuesday threatened labour action in a dispute over pay and conditions.Chevron's Gorgon and Wheatstone projects account for more than 5% of global LNG capacity…

Cyprus Declines Chevron's Gas Field Development Proposal

Aug 25, 2023

Cyprus rejected Chevron Corp's plan to develop the island nation's offshore Aphrodite natural gas field, Bloomberg News reported on Friday, citing Energy Minister Giorgos Papanastasiou.Papanastasiou told Bloomberg that the concerned parties…

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