Chevron Australia, LNG unions make progress in talks, more planned for Monday


Negotiations over a pay and conditions deal between Chevron (NYSE:CVX) and unions at its liquefied natural gas (LNG) facilities in Australia made progress again on Friday, but fell short of sealing a deal to end months of labour disputes at the major export sites.

Chevron and unions held a third day of talks before Australia’s industrial arbitrator, the Fair Work Commission, on Friday, but did not agree on a final deal, according to a union official involved in the talks who declined to be named.

Further talks are planned for Monday, the representative added.


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