Chevron’s Wheatstone LNG facility
Chevron Australia averts renewed strikes
But the gas markets remain jittery amid a range of other risk factors
Chevron and an alliance of unions have reached a deal that averts renewed industrial action at the major’s Australian LNG facilities. But even with the strike cancelled, recent price movements once again highlight the globally interconnected nature of the gas market since Russia’s invasion of Ukraine. Members of the Offshore Alliance (OA)—which brings together the Australian Workers' Union and the Maritime Union of Australia—voted on 18 October to suspend planned strikes, which followed a previous round of industrial action back in September. And OA members subsequently opted to vote in favour of new Enterprise Agreements covering employment rights and conditions, which the alliance said wil
Also in this section
15 November 2024
With Chevron and AIM-listed Challenger Energy having completed their Uruguayan farm-out deal, Challenger CEO Eytan Uliel updates Petroleum Economist on the firm's progress in the frontier basin
14 November 2024
The country is seeking to secure its position as a major global refiner and meet rising domestic requirements
13 November 2024
IOCs are focused on the next wave of exploration activity in Namibia and are keen to learn from one another’s results
