European Gas Jumps as Chevron Receives Australia Strike Notice
- Chevron says unions notified of strikes beginning Sept. 7
- Europe still vulnerable to supply shocks after 2022 crisis
The Troll A natural gas platform in the North Sea, Norway.
Photographer: Carina Johansen/BloombergThis article is for subscribers only.
European natural gas prices surged after Chevron Corp. said it has been alerted that strikes at its liquefied natural gas export plants in Australia will begin from Sept. 7.
Unions gave notice for industrial action at the Gorgon and Wheatstone export plants, the company said Monday in an emailed statement. Chevron will “continue to work through the bargaining process as we seek outcomes that are in the interests of both employees and the company,” it said.