ReePrime
Chevron Bracing for Strikes

Hosted by Dailymotion. For legal issues report at the Copyright Center, report us on DMC, or use the Instant Removal tool.

Chevron Bracing for Strikes

B
Benzinga

3 Views • Aug 29, 2023

Description

Unions in Australia are planning work stoppages at Chevron's LNG production facilities due to pay and condition disputes. Chevron's Gorgon and Wheatstone projects account for over 5% of global LNG capacity. The Offshore Alliance, a group of unions, has announced plans for a series of strikes at Chevron's projects, potentially costing Chevron billions of dollars. Energy analyst Saul Kavonic believes that the strikes may hinder production but will not have a significant impact on global markets.