Chevron's LNG Plant In Australia Resumes Full Production

RTTNews | 511 gün önce
Chevron's LNG Plant In Australia Resumes Full Production

(RTTNews) - Chevron Corp. has resumed full production at its liquefied natural gas or LNG export facility in Australia amid ongoing strikes by union members, reports said.

Hundreds of workers at Chevron's LNG plants in Western Australia had launched a work stoppage earlier over pay and working conditions, impacting the global gas market. Workers at Chevron's Wheatstone and Gorgon plants are currently striking.

The company now said its scheduled LNG deliveries from the Wheatstone gas facility were not impacted by a fault that occurred on September 14. Wheatstone's LNG production returned to normal operation on Sunday night. The company's domestic supply was also not affected.

Bloomberg quoted a Chevron spokesperson as saying, "During this time LNG continued to be produced at approximately 80% of usual rates, and vessel loading continued."

Chevron reportedly is using some non-unionized workers to operate its projects.

Etiketler: CVX
read more
Chevron Q4 Profit Up 25%, But Misses Estimates

Chevron Q4 Profit Up 25%, But Misses Estimates

Integrated energy company Chevron reported Friday that profit for the fourth quarter increased 25 percent from last year, reflecting 17 percent revenue growth amid higher realizations and higher margins on refined product sales. Adjusted earnings per share missed analysts' estimates, while quarterly revenues topped it.
RTTNews | 745 gün önce
Cheniere, Chevron Ink Long-Term LNG Sale And Purchase Agreements

Cheniere, Chevron Ink Long-Term LNG Sale And Purchase Agreements

Cheniere Energy, Inc. (LNG) announced Wednesday that two of its subsidiaries, Sabine Pass Liquefaction, LLC and Cheniere Marketing, LLC, have each entered into long-term liquefied natural gas or LNG, sale and purchase agreements or SPA, with Chevron U.S.A. Inc., a wholly-owned subsidiary of Chevron Corp. (CVX).
RTTNews | 964 gün önce
McDonald's Q4 Earnings, Revenues Miss Street; Global Comps Rise; Stock Up

McDonald's Q4 Earnings, Revenues Miss Street; Global Comps Rise; Stock Up

Fast food chain McDonald's Corp. reported Monday slightly lower profit in its fourth quarter with nearly flat revenues. Adjusted earnings and revenues missed market estimates. However, the company recorded growth in operating income as well as global comparable sales, despite a weakness in U.S. In pre-market activity on the NYSE, McDonald's shares were trading at $301.64, up 2.5 percent.
RTTNews | 5s 52 dakika önce
Dollar Slipped Last Week Amidst Tariff Jitters, Jobs Data

Dollar Slipped Last Week Amidst Tariff Jitters, Jobs Data

A mixed job market update from the U.S late last week that added to the uncertainty surrounding the Federal Reserve's monetary policy lifted the dollar, but did not suffice to recoup the greenback's losses suffered in the trade tariff spat between the U.S. and some key trading partners.
RTTNews | 6s 15 dakika önce
Bay Street May Open Higher On Firm Commodity Prices

Bay Street May Open Higher On Firm Commodity Prices

Higher crude oil and gold prices, and firm European stocks point to a positive start for the Canadian market Monday morning. U.S. President Donald Trump's threat that he will impose a 25% tax on all steel and aluminium imports could weigh a bit and limit market's upside.
RTTNews | 6s 56 dakika önce
Eurozone Investor Confidence Highest In 7 Months

Eurozone Investor Confidence Highest In 7 Months

Euro area investor sentiment strengthened to a seven-month high in February as economic expectations increased dynamically despite tariff threats, results of the monthly survey by the behavioral research institute Sentix showed on Monday. The Sentix investor confidence index climbed to -12.7 in February from -17.7 in January. The reading was the highest since July 2024. The score was forecast to
RTTNews | 8s 33 dakika önce