Strike

Chevron Agrees to Mediator’s Terms in Australian LNG Labor Dispute

Chevron Agrees to Mediator’s Terms in Australian LNG Labor Dispute

Chevron Corp. disclosed it has agreed to the terms of a deal with union workers at its Australia LNG facilities that was brokered by the country’s Fair Work Commission (FWC). Union workers at Chevron’s Gorgon and Wheatstone liquefied natural gas facilities in Western Australia have been escalating tactics since labor action started earlier this month,…

September 21, 2023
Australia Helped Give Rise to LNG Market, but Domestic Volatility Could Reshape Trade – Column

Australia Helped Give Rise to LNG Market, but Domestic Volatility Could Reshape Trade – Column

The Australian LNG industry has drawn a great deal of attention in the last year, which is no small achievement when considering the war in Ukraine and the anxiety currently surrounding the Chinese economy. 

August 30, 2023
Threat of Australian LNG Strikes Diminishing as Woodside Reaches Union Deal

Threat of Australian LNG Strikes Diminishing as Woodside Reaches Union Deal

Woodside Energy Group Ltd. said Thursday it has a tentative deal with labor unions to avert a strike at its North West Shelf (NWS) LNG terminal in Western Australia, while Chevron Corp. indicated it was moving closer to a similar settlement at its facilities.  Woodside said it reached an in-principle agreement with workers on the…

August 24, 2023

Labor Strikes at French LNG Terminals Extended – The Offtake

Labor strikes blocking Elengy’s Fos Cavaou, Fos Tonkin and Montoir-de-Bretagne LNG import terminals in France that were scheduled to end Tuesday have been extended to March 27 as workers continue to protest the government’s pension reform. Strikes ended last week at Dunkerque LNG, the country’s only other import terminal. 

March 21, 2023
Natural Gas Futures, Spot Prices Fly on Freeport Clarity, December Cold, Threat of Railroad Strike

Natural Gas Futures, Spot Prices Fly on Freeport Clarity, December Cold, Threat of Railroad Strike

Natural gas futures found fresh footing on Monday, as traders mulled an updated relaunch timeline for a major export facility, railroad union members considered a strike, and forecasts pointed to another round of wintry weather in early December. At A Glance: LNG facility aims for December return Demand could intensify next month Analysts expect large…

November 21, 2022
Fading Threat of Railroad Strike Seen Driving Early Natural Gas Sell-Off

Fading Threat of Railroad Strike Seen Driving Early Natural Gas Sell-Off

Natural gas futures reversed sharply lower early Thursday as reports of a tentative labor agreement removed the looming threat of major rail system disruptions. After jumping 83.0 cents higher in the previous session, the October Nymex contract was off 55.5 cents to $8.559/MMBtu at around 8:50 a.m. ET. The steep sell-off came amid reports early…

September 15, 2022
Shell to Shutter All Prelude FLNG Cargoes as Union Dispute Rages

Shell to Shutter All Prelude FLNG Cargoes as Union Dispute Rages

Shell plc is shuttering the 3.6 million metric tons/year Prelude floating liquefied natural gas (FLNG) export facility offshore Western Australia, as union workers overwhelmingly rejected the London-based major’s latest offer to improve pay and working conditions.  The Offshore Alliance union told Shell that workers planned to ban mooring tankers alongside the FLNG facility, preventing the…

July 11, 2022
Prelude FLNG Cancels Cargo Deliveries Amid Union Strike

Prelude FLNG Cancels Cargo Deliveries Amid Union Strike

The Prelude floating liquefied natural gas (LNG) export facility offshore Western Australia has canceled cargo deliveries through mid-July as labor unions representing workers on the vessel initiate work stoppages. Shell plc told multiple news outlets this week that it has notified customers of the cancellations, citing the impacts of a strike that started on June…

June 29, 2022

Sentinel ‘Striking’ Deal to Build Out U.S. Pipeline Services Giant

Houston-based Sentinel Energy Services Inc., launched last year by Schlumberger Ltd.’s former CEO and a top lieutenant, laid plans Friday to take over North American pipeline services company Strike LLC in a merger valued at $854 million.

October 19, 2018
West Virginia Governor Reverses Position, Would Sign Co-Tenancy Legislation If Passed

West Virginia Governor Reverses Position, Would Sign Co-Tenancy Legislation If Passed

In what’s been a stressful week for supporters of a delicate proposal to help West Virginia natural gas producers develop larger tracts of land with co-tenancy legislation, Republican Gov. Jim Justice backed off threats that he would veto the legislation unless the industry agreed to a higher severance tax rate.

February 28, 2018
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