Workers at Chevron Corporation's (NYSE: CVX) liquefied natural gas (LNG) projects in Australia went on strike on Friday after mediation talks ended without any deal.
Partial strikes began at 1 p.m. Perth time at Chevron's Gorgon and Wheatstone facilities, which accounted for about 7% of global LNG supply last year and around 47% of Western Australia's domestic gas.
Until next Wednesday, workers will stop work for up to 11 hours in several blocks daily and refuse to perform certain tasks.
If there is still no deal by then, Members of the Offshore Alliance union Full story available on Benzinga.com