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Chevron turns to untested laws to stop Australian LNG strike action

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Chevron Australia has abandoned hopes of reaching a deal with unions and is instead pursuing a novel legal strategy to halt industrial action at its Gorgon and Wheatstone liquefied natural gas (LNG) facilities.

This decision comes as unions prepare for extensive strikes.

Following the breakdown of last-minute negotiations, hundreds of workers at these critical facilities, responsible for more than 5% of global LNG supply, initiated short strikes on Friday.

The unions plan to escalate their actions with two weeks of round-the-clock strikes beginning on Thursday.

Chevron has stated that it sees “no reasonable prospect of agreement” with the unions, primarily due to their demands being significantly above market rates.

The company intends to apply to Australia’s industrial umpire, the Fair Work Commission, for an “intractable bargaining” declaration. If granted, this declaration would cease the strikes and empower the umpire to impose an agreement.

While production at both facilities continues, the situation highlights Australia’s position as the world’s largest LNG exporter and the potential impact of prolonged strikes on global energy markets.

This case also serves as a significant test of new laws, introduced in June, that grant the umpire the authority to compel parties to reach an agreement when they cannot do so themselves.

However, given the imminent full-scale strikes, it’s unlikely the umpire will have the opportunity to rule before substantial disruptions occur.

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Essential daily protein needs for better health

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Protein is a fundamental macronutrient essential for various bodily functions, including muscle repair, enzyme production, and immune system support.

Daily protein requirements can vary significantly based on factors such as activity levels, age, and gender.

To help unpack this topic, Kate Save from BeFitFood joins to share her key insights. #featured

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Can big tech be trusted to use AI ethically?

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Big tech giants like Google, Microsoft, and IBM announced comprehensive plans to enhance AI safety measures – but is that enough to convince the everyday worker?

On this episode of Ahron & Mike Live – Can big tech be trusted with AI? “The Fall Guy” takes a hard hit, Apple’s Top Ten controversy and a robot performs surgery on a piece of corn.

Ticker’s Ahron Young & Mike Loder discuss. #featured

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Biden slams the brakes on EV overcapacity

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President Biden has imposed new tariffs on Chinese EV imports, just as the Chinese EV industry is facing a critical challenge: overcapacity.

The move comes amidst escalating trade tensions between the two economic giants, with repercussions likely to reverberate across the automotive sector.

David Zhang, the China Insider explores this issue and more. #featured #trending

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