Australia Watchdog Greenlights Woodside LNG Strike

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Why This Matters

The Australian Fair Work Commission has approved industrial action at Woodside Energy's Pluto LNG 2 project, potentially delaying production start, due to a wage dispute between the company and trade unions.

Market Impact

Market impact analysis based on bearish sentiment with 71% confidence.

Sentiment
Bearish
AI Confidence
71%

Article Context

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The Australian Fair Work Commission has given the go-ahead to industrial action at Woodside Energy’s Pluto LNG 2 project after trade unions failed to agree on higher wages with the company. Per the regulator’s decision, as cited by Reuters, the Offshore Alliance, which groups two industry trade unions, must hold a vote no later than December 4 to decide whether to start a strike. If the strike is approved, it would delay the start of production at Pluto LNG 2, which was scheduled for the second half of 2026. The dispute arose from findings…

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Original article published by OilPrice.com on November 24, 2025.
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