Tag: natural gas

British and Dutch wholesale gas prices were down on Friday as a continued outage extension in Norway caused by maintenance work dampened the market outlook. While strikes have continued to rock the Australian LNG plants of Gorgon and Wheatstone, production has continued at the...

Chevron Corp decided to start withdrawing contract workers from the Gorgon liquefied natural gas (LNG) facility in Australia on Saturday after workers at two other plants went on strike. The two sides are in disagreement over job security, pay, overtime rules, and transfers between...

Liquified natural gas prices surged by as much as 11% after liquified natural gas workers at Chevron Corp. sites in Australia began partial strikes on Thursday. The workers took this decision after the breakdown of weeks of negotiations between Woodside Energy Group Ltd., the...

European gas prices were mixed on Tuesday morning as the British and Dutch markets kept a close eye on Australia, where there is still the possibility of industrial action at two Chevron Australian liquefied natural gas (LNG) facilities. Dutch gas prices for September delivery...

Asian spot liquefied natural gas (LNG) prices cooled on Friday from their highest level in the past five months after workers at Australia's Woodside Energy dismissed the idea of carrying out strike action amid a dispute between the unions representing workers and the company....

European natural gas prices have declined amid signs that the ongoing labor dispute at Australia’s biggest liquefied natural gas export plant is winding to a close. Benchmark futures fell by 21%, the most since March 2022. Gas prices have remained volatile throughout August, with traders...