Topics

Posted 8/29/2023, 4:34:00 AM

Morning Bid: Strikes, system failures and a slowdown

Workers at Chevron liquefied natural gas facilities in Australia plan stoppages next week, while Toyota plants in Japan face output standstill due to systems malfunction, potentially impacting supply and raising concerns about economic data and trading interruptions.

reuters.com

Relevant topic timeline:

8/28/2023

Chevron LNG workers in Australia allow union to call for strike

Supplies from Chevron's liquefied natural gas facilities in Australia, which account for one-tenth of global supplies, could be disrupted as workers vote to authorize industrial action.

8/29/2023

Chevron's Australia LNG ops could face daily 10-hr stoppages as union fight escalates

Unions representing workers at Chevron's LNG production facilities in Australia are planning daily work stoppages of up to 10 hours, which could disrupt operations and potentially impact global LNG markets.

8/29/2023

Chevron's LNG plants in Australia face strike action

Workers at Chevron's liquefied natural gas facilities in Australia are planning to strike, which could result in a loss of around 7% of global supply and potential price increases.

9/6/2023

Chevron and unions in talks to avert Australia LNG strike

Workers at Chevron's liquefied natural gas (LNG) facilities in Australia are holding talks with the company to avoid planned industrial action over pay and conditions, which could potentially impact global energy markets.

9/8/2023

Chevron Workers Strike in Australia, Disrupting Global LNG Supply

Workers at Chevron's liquefied natural gas (LNG) projects in Australia have gone on strike, potentially disrupting over 5% of global supply and causing a spike in European gas prices, as talks broke down over wages and conditions.

9/8/2023

Australian Workers' Strike Halts LNG Operations, Threatens Global Supply

Hundreds of workers at Chevron's liquefied natural gas plants in Western Australia have halted work in an industrial action over pay and working conditions, potentially impacting global gas prices.

9/9/2023

Chevron Evacuates Contractors as Strikes Disrupt Operations at Australian LNG Projects

Chevron Corp has begun evacuating contractor workers from its Gorgon liquefied natural gas facility in Australia after staff went on strike over pay and job security.

9/11/2023

Chevron Seeks Court Intervention to Halt Planned Strikes at Australian LNG Plants

Chevron Australia will pursue a legal strategy to stop strikes at its Gorgon and Wheatstone liquefied natural gas facilities in Australia, after failing to reach a deal with unions, potentially risking billions of dollars in export revenue.

9/18/2023

Chevron's Wheatstone LNG Facility Resumes Full Output After Brief Disruption

Chevron has resumed full production at its Wheatstone liquefied natural gas (LNG) facility in Western Australia after a fault last week caused a 20% production cut, but the fault and ongoing strikes have not affected scheduled LNG deliveries.

Topics

Posted 8/29/2023, 4:34:00 AM

Morning Bid: Strikes, system failures and a slowdown

reuters.com

Relevant topic timeline:

8/28/2023

Chevron LNG workers in Australia allow union to call for strike

Supplies from Chevron's liquefied natural gas facilities in Australia, which account for one-tenth of global supplies, could be disrupted as workers vote to authorize industrial action.

8/29/2023

Chevron's Australia LNG ops could face daily 10-hr stoppages as union fight escalates

8/29/2023

Chevron's LNG plants in Australia face strike action

Workers at Chevron's liquefied natural gas facilities in Australia are planning to strike, which could result in a loss of around 7% of global supply and potential price increases.

9/6/2023

Chevron and unions in talks to avert Australia LNG strike

9/8/2023

Chevron Workers Strike in Australia, Disrupting Global LNG Supply

9/8/2023

Australian Workers' Strike Halts LNG Operations, Threatens Global Supply

Hundreds of workers at Chevron's liquefied natural gas plants in Western Australia have halted work in an industrial action over pay and working conditions, potentially impacting global gas prices.

9/9/2023

Chevron Evacuates Contractors as Strikes Disrupt Operations at Australian LNG Projects

Chevron Corp has begun evacuating contractor workers from its Gorgon liquefied natural gas facility in Australia after staff went on strike over pay and job security.

9/11/2023

Chevron Seeks Court Intervention to Halt Planned Strikes at Australian LNG Plants

9/18/2023

Chevron's Wheatstone LNG Facility Resumes Full Output After Brief Disruption