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Chevron LNG Talks Drag Into Friday While Unions Say Deal Unlikely
Talks between Chevron Corp. and labor unions in Australia are set to drag into Friday — keeping natural gas markets on edge — as unions said a deal to avert strikes is unlikely. Offshore Alliance, representing the workers, considers the package provided by Chevron underwhelming and it’s very unlikely they will reach an agreement, according to a union representative who asked not to be identified in line with policy. Chevron said it will “continue to work through the bargaining process,” adding that strikes, initially expected earlier this week, were delayed until 1 p.m. Perth time on Friday. Gas prices in ... (full story)