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Apache, Chevron Suspend Aussie Work Due To Cyclone

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Chevron, the second-largest U.S. oil company, and Apache, the largest U.S. independent oil and natural gas producer, said they have stopped some operations in Australia because of Tropical Cyclone Carlos. The companies halted operations in the region on Tuesday.

Carlos is a Category 2 cyclone that a week ago struck the city of Darwin, more than 1,800 kilometers (1,150 miles) to the northeast of the Gorgon site on Barrow Island, Bloomberg News reported. California-based Chevron (CVX) said it has suspended construction at the Gorgon liquefied natural gas project.

Texas-based Apache (APA) said it has halted operations at Varanus Island and said production there will resume when the weather improves. Woodside Petroleum, Australia's second-largest oil and natural gas company, has also suspended some work in its home country.

Chevron, which has called the $43 billion Gorgon project one of the centerpieces its international growth plans for the coming years, partners on the project with Exxon Mobil (XOM) and Royal Dutch Shell (RDS-A), the largest U.S. and European oil companies.

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