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The Offshore Alliance union said it had called off strikes originally planned for Thursday at the U.S. energy major's Gorgon and Wheatstone projects in Western Australia, which supply around 6% of the world's LNG. Workers have showed "incredible patience" with Chevron, Offshore Alliance spokesperson Brad Gandy said in a statement, blaming the company for trying to back away from the tentative deal agreed last month. "There was some real compromises by Chevron at the 11th hour that enabled a deal to be re-struck and strikes withdrawn," energy analyst Saul Kavonic said. Kavonic said the agreement would end the risks of strikes across Australia's largest offshore LNG projects. The Offshore Alliance, a coalition of the Australian Workers' Union and the Maritime Union of Australia, said workers would vote on the proposed enterprise agreements.

Persons: Brad Gandy, Gandy, Saul Kavonic, Kavonic, Renju Jose, Lewis Jackson, Emily Chow, Stephen Coates Organizations: Reuters, Chevron, Handout, REUTERS, Union, SYDNEY, Offshore Alliance, Traders, Workers, Australian Workers ' Union, Maritime Union of Australia, Thomson Locations: Wheatstone, Western Australia, Australian, Chevron's, Australia, U.S, Asia, Norway, Sydney, Singapore, Bengaluru

Chevron/Handout via REUTERS/File Photo Acquire Licensing RightsSYDNEY, Oct 16 (Reuters) - Unions at Chevron's liquefied natural gas (LNG) facilities in Australia reaffirmed their plan to resume strikes this week as mediated talks continued on Monday, sparking angry comments from the company saying workers were being unreasonable. Australia's industrial arbitrator, the Fair Work Commission, mediated three days of talks last week and asked the Offshore Alliance to withdraw the strike plan while talks continued, Chevron said. The Offshore Alliance, a coalition of two unions, did not immediately respond to a request for comment. Chevron said unions continued to introduce new matters into the dispute and were withholding agreement on other issues pending member votes. Chevron said late on Sunday it was "extremely disappointed" by the vote to stick with the strike plan, against the arbitrator's request.

Persons: Chevron, Lewis Jackson, Sonali Paul Organizations: Reuters, Chevron, Handout, REUTERS, Rights, Offshore Alliance, Thomson Locations: Wheatstone, Western Australia, Australia

☆ Chevron Australia workers to restart strikes next week after deal talks falter
▼ + stars: | 2023-10-10 | by ( Michelle Toh | ) edition.cnn.com time to read: +2 min

Hong Kong CNN —Union workers are set to go on strike at Chevron’s liquefied natural gas (LNG) facilities in Australia next Thursday, in renewed action that could disrupt about 7% of global LNG supply. The proposed deals had contained improvements in pay and other conditions, leading unions to call off strikes at the time. Fresh strikes could again threaten to disrupt production at Chevron’s hugely significant Wheatstone and Gorgon facilities, located near the coast of Western Australia. In separate statements shared with CNN, Chevron and the alliance said they had worked to draft agreements based on recommendations from Australia’s Fair Work Commission. Chevron added that it remained “committed” to a deal and hoped to resolve the last outstanding issues.

Persons: “, ”, Felix Booth, — Olesya Dmitracova Organizations: Hong Kong CNN — Union, Chevron, Offshore Alliance, CNN, Chevron Australia Locations: Hong Kong, Australia, Western Australia, reneging, ”

Night-shift workers at Chevron's Gorgon and Wheatstone facilities voted to restart strikes in the afternoon meeting, the Offshore Alliance, a coalition of two unions, said in a statement. The unions accuse the U.S. oil giant of reneging on a deal that ended strikes last month. Reuters reported on Thursday, the bulk of workers at the facilities had voted to strike. Chevron must be given seven business days notice before strikes can begin and unions said they plan to file the notice on Monday. A union representative who declined to be named said there are no talks currently scheduled with Chevron.

Persons: Wheatstone, “, Brad Gandy, Nilutpal, Lewis Jackson, Mark Potter, Sharon Singleton Organizations: Reuters, Chevron, Handout, REUTERS, Offshore Alliance, Thomson Locations: Wheatstone, Western Australia, U.S, Bengaluru, Sydney

☆ Chevron workers at key LNG facilities in Australia vote to restart strikes
▼ + stars: | 2023-10-06 | by ( Olesya Dmitracova | ) edition.cnn.com time to read: +3 min

London CNN —Union members have voted to restart industrial action at Chevron’s liquefied natural gas facilities in Australia, threatening renewed strikes that could disrupt about 7% of global LNG supply. In the past days, the Offshore Alliance had been working with Chevron (CVX) to finalize the agreements, the alliance said in the statement. In Europe, the threat of strikes in Australia had caused a series of spikes in natural gas prices since August. “Persistently high and volatile gas prices will erode European competitiveness, [which is] a longer-term risk,” the credit rating agency wrote. “Gas prices will remain higher in Europe than elsewhere, making energy-intensive sectors like chemicals less competitive.”

Persons: Brad Gandy, “, Wheatstone, Daniel Toleman, Wood Mackenzie, “ It’s, ”, Alex Froley, Russia —, Moody’s Organizations: London CNN — Union, Offshore Alliance, Chevron, Commission, Enterprise, CNN, Fair, ” Workers Locations: Australia, Europe, Russia, Ukraine, Norway, LNG, United States, Qatar, Moscow

Chevron/Handout via REUTERS Acquire Licensing RightsCompanies Chevron Corp FollowOct 5 (Reuters) - Chevron (CVX.N) has "reneged" on commitments made to Australia's industrial tribunal, unions representing workers at its two local liquefied natural gas (LNG) sites said on Thursday, weeks after both sides struck a tentative deal to end major strikes. Workers called off strikes less than two weeks ago after unions and Chevron accepted proposals on pay and conditions proposed by the country's industrial arbitrator. However, the Offshore Alliance, a coalition of two unions, said Chevron had "reneged" on its commitments. Members would meet on Thursday and Friday to discuss the issue, according to a statement posted on Thursday to social media. A union representative who declined to be named said they would recommend workers serve Chevron notice of intent to resume strikes.

Persons: Lewis Jackson, Urvi, Kim Coghill, Sonali Paul Organizations: Reuters, Chevron, Handout, REUTERS Acquire, Companies Chevron Corp, Workers, Offshore Alliance, Commission, Thomson Locations: Wheatstone, Western Australia, Sydney, Bengaluru

A general view of Chevron's Wheatstone LNG facility in Pilbara coast, Western Australia, as seen in this undated handout image obtained by Reuters on September 8, 2023. Workers called off strikes less than two weeks ago after unions and Chevron accepted proposals on pay and conditions proposed by the country's industrial arbitrator, the Fair Work Commission. However, the Offshore Alliance, a coalition of two unions, on Thursday said Chevron had "reneged" on its commitments. A union representative who declined to be named said they would recommend workers serve Chevron notice of intent to resume strikes. Chevron and unions had made progress drafting the agreement, but differences remained over issues like reimbursement for meals or travel for training, according to a second union representative involved in the negotiations.

Persons: Weeks, Lewis Jackson, Urvi, Kim Coghill, Sonali Paul Organizations: Reuters, Chevron, Handout, REUTERS Acquire, Companies Chevron Corp, Workers, Offshore Alliance, Commission, Thomson Locations: Wheatstone, Western Australia, U.S, Sydney, Bengaluru

Chevron/Handout via REUTERS/File Photo Acquire Licensing RightsSummaryCompanies Strikes end at Gorgon, Wheatstone LNG operationsUnions, Chevron accept proposals from industrial umpireUnions pushed Chevron to match Woodside pay dealSYDNEY, Sept 22 (Reuters) - An Australian union alliance on Friday called off strikes at Chevron's (CVX.N) two major local liquefied natural gas (LNG) projects, agreeing to resolve disputes that had threatened to disrupt around 7% of global LNG supplies. The union alliance and Chevron accepted proposals on pay and conditions from the country's industrial arbitrator for the Gorgon and Wheatstone LNG facilities, and workers suspended strikes that began two weeks ago. "The Offshore Alliance will now work with Chevron to finalise the drafting of the agreement and members will soon cease current industrial action," Offshore Alliance spokesperson Brad Gandy said in a statement. YEARS-LONG CAMPAIGNThe deal caps a years-long campaign by the Offshore Alliance for higher pay and better conditions at major Western Australian LNG sites. A 2022 agreement with Japan's Inpex at its Ichthys LNG operation set a benchmark for subsequent talks with Shell, Woodside and Chevron.

Persons: Brad Gandy, Japan's, Saul Kavonic, Yin, Renju Jose, Lewis Jackson, Alasdair Pal, Florence Tan, Shri Navaratnam, Sonali Paul Organizations: Reuters, Chevron, Handout, REUTERS, Unions, Woodside, SYDNEY, Offshore Alliance, Woodside Energy, Shell, Energy, North West Shelf, Thomson Locations: Wheatstone, Western Australia, Australian, Chevron's, Woodside, Chevron, Australia, Sydney, Singapore

[1/2] A general view of Chevron's Wheatstone LNG facility in Pilbara coast, Western Australia, as seen in this undated handout image obtained by Reuters on September 8, 2023. The union alliance and Chevron accepted proposals on pay and conditions from the country's industrial arbitrator for the Gorgon and Wheatstone LNG facilities, and workers were set to end strikes that began two weeks ago. "The Offshore Alliance will now work with Chevron to finalise the drafting of the agreement and members will soon cease current industrial action," Offshore Alliance spokesperson Brad Gandy said in a statement. No LNG shipments were disrupted by the industrial action, even after a fault at the Wheatstone plant. Energy analyst Saul Kavonic said the deal should see an end to most industrial action offshore Western Australia with union agreements, which last for around four years, now in place for most offshore LNG sites.

Persons: Brad Gandy, Saul Kavonic, Renju Jose, Lewis Jackson, Alasdair Pal, Florence Tan, Shri Navaratnam, Sonali Paul Organizations: Reuters, Chevron, Handout, REUTERS, Unions, Woodside, SYDNEY, Offshore Alliance, Woodside Energy, Energy, North West Shelf, Thomson Locations: Wheatstone, Western Australia, Australian, Chevron's, Australia, Sydney, Singapore

[1/2] A general view of Chevron's Wheatstone LNG facility in Pilbara coast, Western Australia, as seen in this undated handout image obtained by Reuters on September 8, 2023. The agreement would resolve a wage fight that has roiled global gas markets since early August, amid fears strikes would disrupt output from Chevron's Gorgon and Wheatstone LNG projects that produce around 7% of the world's LNG supply. On Thursday, the Fair Work Commission (FWC), which has the power to impose a settlement, said it "strongly recommended" parties accept its proposals to end work stoppages. Chevron accepted arbitration terms late on Thursday to resolve all outstanding issues and finalise the agreements with the unions. No LNG shipments were disrupted by the industrial action, even after a fault at the Wheatstone plant.

Persons: Brad Gandy, Renju Jose, Lewis Jackson, Alasdair Pal, Shri Navaratnam, Sonali Paul Organizations: Reuters, Chevron, Handout, REUTERS, SYDNEY, Offshore Alliance, Woodside Energy, Thomson Locations: Wheatstone, Western Australia, Australian, Chevron's, Australia, Sydney

☆ Chevron accepts Australian labour tribunal's terms to end strike at LNG plants
▼ + stars: | 2023-09-21 | by ( ) www.reuters.com time to read: +1 min

A 3D printed natural gas pipeline is placed in front of displayed Chevron logo in this illustration taken February 8, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsSept 21 (Reuters) - Chevron (CVX.N) said on Thursday it has the accepted recommendations from Australia's labor regulator to end its dispute with unions at its liquefied natural gas (LNG) facilities in Western Australia. The Fair Work Commission of Australia, which has the power to impose a settlement, "strongly recommended" parties accept its proposals to end work stoppages that began on Sept. 8 at the Gorgon and Wheatstone LNG operations. The workers at the facilities, which account for nearly 7% of global LNG supply, are backed by the Offshore Alliance - that combines the Maritime Union of Australia and Australian Workers' Union. Chevron had been negotiating with the workers for weeks alongside Australia's Woodside Energy (WDS.AX), which managed to avert the strikes last month after reaching a deal.

Persons: Dado Ruvic, Sourasis Bose, Maju Samuel, Shinjini Ganguli, Eileen Soreng Organizations: Chevron, REUTERS, Offshore Alliance, Maritime Union of Australia, Australian Workers ' Union, Australia's, Energy, Thomson Locations: Western Australia, Australia, Bengaluru

☆ Chevron Australia strikes called off by unions at Gorgon and Wheatstone LNG plants
▼ + stars: | 2023-09-21 | by ( Michelle Toh | ) edition.cnn.com time to read: +3 min

Hong Kong CNN —Union workers have called off strikes at liquefied natural gas facilities belonging to Chevron in Australia, ending a standoff that could have affected about 7% of global LNG supply. “The Offshore Alliance will now work with Chevron to finalize the drafting of the three agreements and members will soon cease current industrial action,” it added. Workers at Chevron’s Gorgon and Wheatstone facilities began walking off the job two weeks ago over pay and other conditions. “There has not been a material impact on global LNG supply. The region has become more dependent on global LNG supplies since deliveries of pipeline gas from Russia slumped following its invasion of Ukraine in February 2022.

Persons: Wheatstone, Daniel Toleman, Wood Mackenzie, “, ” Toleman Organizations: Hong Kong CNN — Union, Chevron, Offshore Alliance, Australian Workers ’ Union, Maritime Union of Australia, Commission, Workers, Reuters, CNN, ” Locations: Hong Kong, Chevron, Australia, Wheatstone, Western Australia, Europe, Russia, Ukraine

A general view of Chevron's Wheatstone LNG facility in Pilbara coast, Western Australia, as seen in this undated handout image obtained by Reuters on September 8, 2023. Chevron/Handout via REUTERS/File Photo Acquire Licensing RightsSummaryCompanies No changes to scheduled LNG deliveries, Chevron saysLNG exports continued over the weekend - LSEG EikonStrikes extended until mid-OctSYDNEY, Sept 18 (Reuters) - Chevron (CVX.N) said on Monday full production had resumed at its strike-hit Wheatstone liquefied natural gas (LNG) facility in Western Australia after a fault last week cut production by about one-fifth. "During (the fault), LNG continued to be produced at approximately 80% of usual rates, and vessel loading continued," a Chevron spokesperson said in an emailed statement. "There has been no change to scheduled LNG deliveries. Wheatstone has an export capacity of 8.9 million tonnes a year and Gorgon has an export capacity of 15.6 million tonnes a year.

Persons: Wheatstone, Eikon, Renju Jose, Lewis Jackson, Florence Tan, Muralikumar Anantharaman Organizations: Reuters, Chevron, Handout, REUTERS, Tanker, Offshore Alliance, Saturday, South, Thomson Locations: Wheatstone, Western Australia, SYDNEY, Japan, Australia, China, South Korea, Taiwan, Sydney, Singapore

☆ Union starts further 24-hour stoppage at Chevron's Australian LNG facilities
▼ + stars: | 2023-09-17 | by ( ) www.reuters.com time to read: +2 min

Chevron/Handout via REUTERS Acquire Licensing RightsSYDNEY, Sept 17 (Reuters) - Australia's Offshore Alliance union said on Sunday that workers had begun a second 24-hour strike at Chevron's liquefied natural gas (LNG) plants in Western Australia. "Another 24hr stoppage has been applied across all 3 facilities with 15% of Downstream members enacting rolling stoppages/bans after midday today," an Offshore Alliance representative, who declined to be named, said. Offshore Alliance on Saturday said it intended to extend industrial action for a further two weeks to mid-October. Prior to this weekend there have been more limited work stoppages at the remote LNG facilities after pay and condition talks between the union alliance and Chevron broke down this month. Chevron has asked Australia's industrial tribunal to intervene in the dispute and cancel the strikes.

Persons: Sam McKeith, William Mallard, Tom Hogue Organizations: Reuters, Chevron, Handout, REUTERS Acquire, Rights, Australia's Offshore Alliance, Offshore Alliance, Workers, . Offshore Alliance, Thomson Locations: Chevron, Barrow Island, Australia, Western Australia, U.S, Sydney

☆ Chevron Australia LNG workers begin 24-hour strike, flag action until mid-Oct
▼ + stars: | 2023-09-16 | by ( ) www.reuters.com time to read: +2 min

The full strike comes after workers on Thursday escalated what had been six days of limited action. The company's Gorgon and Wheatstone Australian LNG facilities account for over 5% of global supply. "Chevron’s 3 West Coast facilities are descending into chaos as Offshore Alliance members lock all 3 Chevron facilities down for the next 24-hours," the union said in a Facebook post. An union representative, who declined to be identified, said the strike would run until 8am WST on Sunday (0000 GMT). Unions have said they will vary strikes according to "industrial strategy", targeting LNG exports in particular.

Persons: Sam McKeith, Lewis Jackson, Sandra Maler, Kim Coghill Organizations: Reuters, Chevron, Handout, REUTERS Acquire, Rights, Australia's Offshore Alliance, Offshore Alliance, Wheatstone, Facebook, Analysts, Thomson Locations: Chevron, Barrow Island, Australia, Coast, Sydney

Talks between Chevron and the workers' unions broke down last week without a deal, and the industrial action is scheduled to escalate to two weeks of 24-hour stoppages on Thursday. Chevron would have to demonstrate a sustained attempt to negotiate with unions for the tribunal to rule in its favour, he added. Strikes could actually demonstrate workers were so committed to bargaining that they were willing to stop work and forgo wages, she added. "Strike action is a legitimate form of action, workers have the right to do this," she said. Any party involved can contest a FWC ruling and seek judicial review, Charles Power, partner at law firm Holding Redlich said, although a court would not again hear the facts of the case.

Persons: Australia's, Steve Purvinas, Purvinas, Shell, Shae, McCrystal, Charles Power, Redlich, Lewis Jackson, Renju Jose, Alasdair Pal, Miral Organizations: Reuters, Chevron, Handout, REUTERS Acquire, Rights, CAN, Virgin Australia, Australian Licensed Aircraft Engineers ’ Association, Virgin, Offshore Alliance, Shell, University of Sydney, Thomson Locations: Wheatstone, Western Australia, Federal, Shell, Woodside, Inpex, Sydney

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. “Unfortunately, following numerous meetings and conciliation sessions with the Fair Work Commission, no agreement has been reached as the unions are asking for terms significantly above the market," a Chevron spokesperson said in a statement. "Until we have some case law, until we get some Fair Work Commission decisions on how the laws work, we don't know (how long the process will take)," said Shae McCrystal, a professor of labour law at the University of Sydney Law School. A subsidiary of airline Virgin Australia made the only other application under these laws in June, local media reported. No talks are scheduled between unions and Chevron, according to the FWC website.

Persons: Shae McCrystal, Roushni Nair, Lewis Jackson, Jamie Freed, Michael Perry Organizations: Reuters, Chevron, Handout, REUTERS, Fair, University of Sydney Law School, Virgin Australia, Offshore Alliance, Thomson Locations: Chevron, Barrow Island, Australia, Chevron Australia, Melbourne, U.S, Bengaluru, Sydney

☆ Chevron pulls contract crew from Australia LNG project as strikes begin - unions
▼ + stars: | 2023-09-09 | by ( ) www.reuters.com time to read: +1 min

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 chartered a special flight this morning to Barrow Island to evacuate 50 blue and white collar contract crew off the Gorgon Project," Offshore Alliance said in a Facebook post. 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. Australia is the world's biggest LNG exporter and its main buyers are in Asia.

Persons: Jyoti Narayan, Tomasz Janowski, Mike Harrison Organizations: Reuters, Chevron, Handout, REUTERS, Chevron Corp, Offshore Alliance, Workers, Thomson Locations: Chevron, Barrow Island, Australia, Barrow, U.S, Asia, British, Bengaluru

FILE PHOTO: The logo of Chevron is seen at the company's office in Caracas, Venezuela April 25, 2018. Australia is the world's biggest LNG exporter and its main buyers are in Asia. "Unfortunately, following numerous meetings and conciliation sessions before the Fair Work Commission, we remain apart on key terms," a Chevron spokesperson said. Brad Gandy, a spokesperson for the Offshore Alliance, said the union coalition had agreed "in good faith" to the mediated talks, "but after five days Chevron has barely budged". Energy analyst Saul Kavonic said the strikes appeared to be designed to put more pressure on Chevron to cut a deal rather than substantially affect production.

Persons: Marco Bello, Brad Gandy, ratcheting, Saul Kavonic, Renju Jose, Lewis Jackson, Leslie Adler, Jamie Freed, Miral Fahmy, William Mallard Organizations: Chevron, REUTERS, Rights, Woodside Energy, North West Shelf, Offshore Alliance, CHEVRON, Australian, South, Taiwan . Energy, Thomson Locations: Caracas, Venezuela, Australia, U.S, Asia, British, China, Japan, South Korea, Taiwan, Western Australia, Sydney

London CNN —Workers at Chevron’s liquified natural gas facilities in Australia have begun to walk off the job in a dispute that threatens as much as 7% of global supplies and could add to rising pressure on energy prices. The alliance represents 500 workers at the Gorgon and Wheatstone facilities, both off the coast of Western Australia. “Unfortunately, following numerous meetings and conciliation sessions before the Fair Work Commission, we remain apart on key terms,” a Chevron spokesperson said. “The unions continue to seek terms that are above and beyond equivalent terms with others in the industry, including in agreements recently reached.”News of the breakdown in talks sent European natural gas prices rising. The two Chevron sites are hugely significant, accounting for approximately 6% of global supply, according to analysts at ANZ.

Persons: ” Ben Cahill, Kunro Irie, Daniel Toleman, Wood Mackenzie, ”, — Juliana Liu Organizations: London CNN — Workers, Australian Offshore Alliance, Chevron, Facebook, ”, European Commission, “, Center for Strategic, International Studies, ANZ, Offshore Alliance Locations: Australia, Western Australia, Europe, Russia, Ukraine, Saudi Arabia, United States, Qatar, Asia

☆ European gas prices jump 10% as strikes get underway at major LNG facilities in Australia
▼ + stars: | 2023-09-08 | by ( Sam Meredith | ) www.cnbc.com time to read: +2 min

Liquefied natural gas (LNG) storage units at Grain LNG importation terminal, operated by National Grid Plc, on the Isle of Grain on August 22, 2022 in Rochester, England. European gas prices moved sharply higher on Friday as workers at Australian natural gas facilities went on strike, prompting fears that a prolonged halt to production could squeeze global supplies. "Unfortunately, following numerous meetings and conciliation sessions before the Fair Work Commission, we remain apart on key terms," a spokesperson for Chevron Australia said. Fears of strike action in Australia, one of the world's biggest exporters of LNG, have recently pushed up European gas prices — and analysts expect near-term market volatility to persist. European gas prices rose to around 43 euros last month but had pared gains as the two sides sought an amicable resolution.

Organizations: National Grid, Chevron, Chevron Australia, Offshore Alliance, Union Locations: Isle, Rochester , England, Western Australia, Chevron Australia, Australia

☆ Hundreds Halt Work at Three Energy Plants in Australia
▼ + stars: | 2023-09-08 | by ( Yan Zhuang | More About Yan Zhuang | ) www.nytimes.com time to read: +1 min

Hundreds of people at Chevron’s liquefied natural gas plants in Western Australia halted work on Friday, an industrial action affecting three facilities that account for about 6 percent of the world’s supply of the essential fuel. At 1 p.m. local time, about 500 employees began short work stoppages and bans on some types of work, after union negotiations over pay and working conditions stalled. The stoppages are scheduled to continue until Thursday. At that point, if the impasse remains, the unions will escalate with rolling strikes of up to 24 hours a day, for up to two weeks, according to the Offshore Alliance, a collaboration of two unions representing energy workers. The labor action — at Chevron’s Gorgon and Wheatstone onshore processing plants and its Wheatstone offshore platform — had originally been scheduled to start on Thursday morning, but it was pushed back as Chevron and the unions attempted conciliation facilitated by a government agency.

Organizations: Offshore Alliance, Chevron Locations: Western Australia

☆ Chevron Australia LNG workers to begin strikes on Friday
▼ + stars: | 2023-09-07 | by ( Renju Jose | ) www.reuters.com time to read: +2 min

Australia is the world's biggest LNG exporter, and the ongoing dispute over wages and conditions had stoked volatility in gas prices. "Despite the Offshore Alliance giving Chevron plenty of opportunity to sort out (bargaining agreements) ... they will finally be facing their day of reckoning," the union alliance said in a Facebook post. Work stoppages that could reach up to 11 hours will begin from 1 p.m. Perth time (0500 GMT) on Friday and last through Sept. 14. The strike action had been scheduled to begin on Thursday morning but was delayed due to mediation talks hosted by the Fair Work Commission, Australia's industrial umpire. When strike actions begin, the LNG plant will have to be shut down "if there are not competent personnel to undertake handovers during work stoppages," the union said.

Persons: Marco Bello, Renju Jose, Leslie Adler, Jamie Freed Organizations: Chevron, REUTERS, Rights, Offshore Alliance, Perth, Fair, Reuters, South, Thomson Locations: Caracas, Venezuela, Australia, Europe, British, Asia, China, Japan, South Korea, Taiwan, Sydney

☆ An escalating dispute at major gas facilities in Australia could drive up European prices, analysts say
▼ + stars: | 2023-09-06 | by ( Sam Meredith | ) www.cnbc.com time to read: +6 min

Liquefied natural gas (LNG) storage units at Grain LNG importation terminal, operated by National Grid Plc, on the Isle of Grain on August 22, 2022 in Rochester, England. Jacob Mandel Senior research associate for global energy markets at Aurora Energy ResearchFears of strike in Australia, one of the world's biggest exporters of liquified natural gas (LNG), have recently pushed up European gas prices — and analysts expect near-term volatility to persist. Jacob Mandel, senior research associate for global energy markets at U.K.-based consultancy Aurora Energy Research, said the global natural gas market was currently "very tight" and "very little supply flexibility" means that strike action in Australia could send European gas prices higher. He said that European gas prices could climb to above 40 euros ($42.9) per megawatt hour if the strikes go ahead as planned. The front-month gas price at the Dutch Title Transfer Facility (TTF) hub, a European benchmark for natural gas trading, traded at 33.5 euros on Tuesday.

Persons: Dan Kitwood, Jacob Mandel, Mandel, we've, Ramesh, Wheatstone, Henning Gloystein, Gloystein Organizations: National Grid, Getty, CNBC, Chevron, Offshore Alliance, Wheatstone, Fair, Aurora Energy, Aurora Energy Research, videoconference, Rystad Energy, Europe, EU, Eurasia Group Locations: Isle, Rochester , England, Western Australia, Chevron Australia, Australia, Europe, Japan, Korea, wean, Ukraine, Russia

☆ Chevron begins mediation talks to avert Australia LNG strike
▼ + stars: | 2023-09-04 | by ( ) www.reuters.com time to read: +2 min

The Chevron logo is pictured after the U.S. government granted a six-month license allowing Chevron to boost oil output in U.S.-sanctioned Venezuela, in Caracas, Venezuela, December 2, 2022. Reuters first reported on Friday that Chevron had filed a request for mediation with the FWC. Any industrial action would disrupt Australia's LNG exports and increase competition for the super-chilled fuel, forcing Asian buyers to outbid European buyers to attract LNG cargo. Reuters GraphicsGorgon, Australia's second-largest LNG plant, has an export capacity of 15.6 million tonnes a year and Wheatstone 8.9 million. A similar dispute between the union alliance and Woodside-operated (WDS.AX) North West Shelf LNG facility, Australia's biggest, was resolved last month after workers approved a deal.

Persons: Gaby Oraa, Australia's, Renju Jose, Lewis Jackson, Christopher Cushing Organizations: Chevron, U.S, REUTERS, Rights, Reuters, Offshore Alliance, South, Wheatstone, West Shelf, Thomson Locations: Venezuela, Caracas, Australia, Western Australia, Perth, China, Japan, South Korea, Taiwan, Woodside, Sydney

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