Chevron's Australia-Based LNG Facilities May Face An All-Out Strike: Report
Portfolio Pulse from Nabaparna Bhattacharya
Chevron Corporation is reportedly facing employee-related issues at its Australia-based operations of Gorgon and Wheatstone. The company may face a strike at its second-largest liquefied natural gas (LNG) plant at Gorgon, following a union ballot. The Wheatstone unit is also affected. This could potentially hinder Australia's LNG exports.
August 18, 2023 | 2:00 pm
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Chevron Corporation may face a strike at its Gorgon and Wheatstone operations in Australia, which could potentially impact LNG exports and the company's operations.
A strike at Chevron's Gorgon and Wheatstone operations could disrupt the company's operations and potentially impact LNG exports. This could negatively affect the company's revenues and profitability, leading to a potential decrease in the company's stock price.
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