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 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…
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…
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…
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…
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…
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…
Asian spot liquefied natural gas (LNG) prices eased from five-month highs, after workers at Australia's Woodside Energy ruled out the possibility of striking work, bringing some calm to a market hit by extreme volatility in recent days.The average…
Unions at Chevron's LNG facilities in Australia warned on Friday that work stoppages could cost the U.S. energy major billions of dollars if demands over wages and conditions were not met.The warning came even as workers at a nearby Woodside…
Woodside Energy on Thursday reached an in-principle agreement with unions at Australia's largest LNG project, potentially averting a disruption to supplies from the world's biggest exporter of the super-chilled fuel.Both Woodside and the union…
Threatened strikes by workers at Australian liquefied natural gas (LNG) providers would need to last more than a month to significantly push up global prices, analysts said this week.The Woodside Energy and Chevron operations supply about 10%…
Woodside Energy has 'constructively addressed' several concerns of workers at Australia's largest LNG facility, its CEO said on Tuesday, a day before crucial talks with unions aimed at averting any industrial action that could disrupt global supplies of the super-chilled fuel…
Woodside has released its half-year financial results which show a net profit after tax (NPAT) of US$1,740 million. Underlying NPAT was US$1,896 million, up 4% on the corresponding period in 2022, reflecting a full period of results with Woodside’s expanded operations portfolio…
The likelihood of industrial action at three Australian liquefied natural gas facilities is increasing, but the question for the market is what is the potential impact on the supply of the super-chilled fuel.Unions at Woodside Energy Group's…
Unions at Woodside Energy Group's North West Shelf offshore gas platforms on Sunday announced plans to strike as early as Sept. 2, which could eventually disrupt shipments of LNG from top global exporter Australia.The strike threat escalates…