Investing
Chevron evacuates contract crew from Australia LNG project as strikes begin – unions
© Reuters. FILE PHOTO: A view of Chevron-operated Gorgon project on Barrow Island, Australia, as seen in this undated handout image obtained by Reuters on September 8, 2023. Chevron/Handout via REUTERS/File Photo
(Reuters) – Chevron Corp (NYSE:) started evacuating contractor workers from its Gorgon liquefied (LNG) facility on Saturday, shortly after staff went on strike at two major projects in Australia, a union alliance said.
“Chevron chartered a special flight this morning to Barrow Island to evacuate 50 blue and white collar contract crew off the Gorgon Project,” union coalition Offshore Alliance said in a Facebook (NASDAQ:) post.
Chevron did not immediately respond to a Reuters request for comment outside of business hours.
The two sides are at odds over issues including pay, job security, rosters and rules around overtime and transfers between Chevron facilities.
Workers at Chevron’s LNG projects in Australia started strike action 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.S. energy major, according to the website of the Fair Work Commission, Australia’s industrial umpire, which had mediated five days of negotiations.
Australia is the world’s biggest LNG exporter and its main buyers are in Asia.
The dispute over wages and conditions at Chevron’s Gorgon and Wheatstone operations has supported British and European gas prices, as traders anticipate lower Australian supplies would intensify competition from other sources.
Read the full article here
-
Investing7 days ago
U.K. stocks lower at close of trade; Investing.com United Kingdom 100 down 1.37% By Investing.com
-
Personal Finance5 days ago
Social Security cost-of-living adjustment will be 2.5% in 2025, less than prior year
-
Side Hustles5 days ago
Oldest Children Like Bezos, Musk Have 2 Leadership Qualities
-
Investing7 days ago
AI Pioneers Win $1.06 Million, 2024 Nobel Prize in Physics
-
Passive Income7 days ago
How to Build a Workplace Culture Centered on Love, Abundance and Purpose
-
Passive Income5 days ago
4 Marketing Triggers to Set Up Now to Supercharge Your New Year
-
Investing6 days ago
JPMorgan Chase CEO Jamie Dimon: AI Will Take Over Some Jobs
-
Investing5 days ago
BMW and Mercedes quarterly sales drop on weak China By Reuters