Asian spot liquefied natural gas (LNG) prices eased from five-month highs, after workers at Australia's Woodside Energy ruled out the possibility of striking work, bringing some calm to a market hit by extreme volatility in recent days.The average…
Unions at Chevron's LNG facilities in Australia warned on Friday that work stoppages could cost the U.S. energy major billions of dollars if demands over wages and conditions were not met.The warning came even as workers at a nearby Woodside…
Jadestone Energy said it is making progress toward resuming production from the Montara Venture floating production storage and offloading (FPSO) unit offshore Australia.The Asia Pacific-focused independent oil and gas production company in…
Threatened strikes by workers at Australian liquefied natural gas (LNG) providers would need to last more than a month to significantly push up global prices, analysts said this week.The Woodside Energy and Chevron operations supply about 10%…
Woodside Energy has 'constructively addressed' several concerns of workers at Australia's largest LNG facility, its CEO said on Tuesday, a day before crucial talks with unions aimed at averting any industrial action that could disrupt global supplies of the super-chilled fuel…
Woodside has released its half-year financial results which show a net profit after tax (NPAT) of US$1,740 million. Underlying NPAT was US$1,896 million, up 4% on the corresponding period in 2022, reflecting a full period of results with Woodside’s expanded operations portfolio…
ƶijϻ drilling contractor Diamond ƶijϻ announced its semisubmersible rig Ocean Apex has commenced a two-well drilling campaign for Woodside Energy in Australia.The rig recently underwent a five-year special periodic survey at the Seatrium…
Unions at Woodside Energy Group's North West Shelf offshore gas platforms on Sunday announced plans to strike as early as Sept. 2, which could eventually disrupt shipments of LNG from top global exporter Australia.The strike threat escalates…
Chevron faces the prospect of work stoppages or even an all-out strike at Australia's second-largest liquefied natural gas (LNG) plant at Gorgon and at its Wheatstone operations after voting opened on Friday for a union ballot. Australia is one of the largest exporters of LNG to the world…
Woodside Energy said 'positive progress' was being made on wage disputes at Australia's largest liquefied natural gas (LNG) facility even as a union alliance said key differences remained ahead of further talks next Wednesday.Woodside's North West Shelf…
Taiwan's state-owned energy company CPC said Wednesday it had received Australian government approval to acquire four subbasin permits in oilfields off Western Australia from Carnarvon Energy.CPC's subsidiary OPIC Australia Pty Ltd reached the deal with Carnarvon in February…
Negotiations between Chevron, Woodside Energy Group, and Australian unions on Tuesday are unlikely to yield results for days because unions will need to consult members on any decision, according to a source with knowledge of the matter that was not authorized to speak to media…
The Australian government has opened consultation on a new offshore wind zone off the Illawarra, a region on nation’s east coast, south of Sydney.The proposed offshore wind area is 1461 square kilometres with the potential to generate up to 4…
The comfort that had characterised natural gas markets in Asia and Europe in recent months was shown to be a mere illusion by the threat of strike action at three major Australian liquefied natural gas (LNG) plants.In the blink of eye, a market…
Australia's labor regulator cleared the way for strike action at Chevron's Wheatstone and Gorgon liquefied natural gas (LNG) facilities if workers vote in favor of such a step, fuelling concerns the country's exports could be cut.The Fair Work…