Chevron and unions strike truce in pay dispute
More news: A last-minute truce has been struck between Chevron and workers at the company's Western Australian LNG plants, where a dispute had threatened to disrupt global gas supplies. Unionised workers at Chevron's Wheatstone and Gorgon facilities on the Pilbara coast late on Thursday agreed to terms brokered by the Fair Work Commission to end a pay dispute. The Offshore Alliance, which had been leading union negotiations, said it will work with Chevron to finalise the drafting of an agreement and members will soon cease current industrial action.
What they said: "These discussions have resulted in widespread agreement on the majority of provisions of the proposed enterprise agreements," Fair WorkCommissioner Bernie Riordan said.
"It would be a pity and very frustrating to simply throw out these agreed positions and have the parties return to their respective logs of claims for any future arbitration."
Chevron gives nod for arbitration over Australia LNG dispute
The news: Chevron says it is willing to accept a deal brokered by Australia's industrial arbitrator to resolve its dispute with unions at two liquefied natural gas (LNG) projects in the country.
The numbers: Chevron's dispute with workers over pay and conditions has dragged on for more than nine months, putting at risk production from plants that supply around 7% of the global LNG market, and upending global gas prices.
The context: The Fair Work Commission, which has the power to impose a settlement, strongly recommended the parties accept its proposals to end work stoppages that began on 8 September, which Chevron accepted, although the unions have yet to respond. The commission's recommendations came a day after the latest talks between Chevron and a union alliance over strikes at the Wheatstone and Gorgon facilities ended without a deal.
The source: Reuters