Workers at the Japanese-owned Inpex gas facility in Australia have walked off the job due to stalled pay negotiations. The Offshore Alliance and Electrical Trades Union are demanding 3% annual pay rises, which industry groups claim would push average salaries over $500,000 and significantly increase labor costs.
Workers at the Japanese-owned Inpex gas facility in Australia have walked off the job over stalled pay negotiations. The Offshore Alliance union is pushing for a 3% annual pay rise, while industry groups warn this could push average salaries over $500,000 and increase labor costs significantly. Further work stoppages are planned.
Russian President Vladimir Putin has signed a law establishing 500-meter security zones around offshore oil and gas facilities in the Russian sector of the Caspian Sea to counter drone threats. Owners can involve private security firms and Rosgvardia.
An explosion at a MOL oil and gas facility in Tiszaujvaros, Hungary, has resulted in at least one fatality and several severe injuries. Energy Minister Istvan Kapitany and MOL CEO Zsolt Hernadi are en route to the scene.
US-Israel strikes and Tehran’s retaliation are pushing oil and gas facility damage costs toward $50 billion, Rystad Energy projects Read Full Article at RT.com
