GreenRoc Accelerates their World Class Project to Production as Early as 2028. Watch the full video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksBP Share News (BP.)

Share Price Information for BP (BP.)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 466.05
Bid: 466.00
Ask: 466.10
Change: 2.90 (0.63%)
Spread: 0.10 (0.021%)
Open: 463.35
High: 466.05
Low: 460.40
Prev. Close: 463.15
BP. Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

U.S. refinery strike continues with no steps toward settlement

Wed, 25th Feb 2015 22:50

HOUSTON, Feb 25 (Reuters) - The largest U.S. refinery strikesince 1980 continued through its 25th day on Wednesday with nomovement toward renewed talks to end a walkout by 6,550 unionworkers at 15 plants, including 12 refineries accounting forone-fifth of domestic capacity.

A spokesman for lead refinery owner representative Shell OilCo, the U.S. arm of Royal Dutch Shell Plc, said noface-to-face meetings have been scheduled with the UnitedSteelworkers union (USW) as of Wednesday.

"No date has been set (for talks to resume,)" said Shellspokesman Ray Fisher. "Not sure if there has been any contact(between the two sides)."

A USW spokeswoman declined to discuss the status ofnegotiations on Wednesday.

Talks for a new three-year contract covering 30,000 USWmembers at refineries and chemical plants broke off on Friday,after which the USW ordered strikes at three Motiva Enterprisesrefineries, which are co-owned by Shell.

The union has said its negotiators are available to meetwith Shell.

Sources familiar with the talks have told Reuters thatface-to-face negotiations may not resume this week.

Talks on local issues are set to begin again on Fridaybetween LyondellBasell and the USW local unionrepresenting workers at the company's Houston refinery, saidsources close to the negotiations.

A Lyondell spokesman declined to discuss the status ofnegotiations with the local union.

The second-largest crude distillation unit at BP Plc's 413,500 barrel per day (bpd) refinery in Whiting,Indiana, where about 1,100 USW members are on strike, wasundergoing repairs on Wednesday after a malfunction thismorning.

Companies have called on temporary replacement workers tokeep plants running at nearly normal levels.

USW's International President Leo Gerard announced anagreement on Wednesday with Sean Garvey, president of NorthAmerica's Building Trades Unions (NABTU), which representsworkers who build and overhaul refinery units.

The union is seeking to win back daily refinery maintenancejobs now performed by non-union contractors, but not jobsperformed by NABTU, Gerard and Garvey said.

The two union leaders also said NABTU members will respectthe USW picket lines and not perform work that had been done bystriking workers.

However, new construction by NABTU members will be permittedand USW will assist building trades unions in facilitating thework.

USW members work at more than 200 U.S. oil terminals,pipelines, refineries and chemical plants.

(Reporting by Erwin Seba; Editing by Chris Reese)

More News
3 Jan 2024 18:37

Equinor, BP cancel contract to sell offshore wind power to New York

Jan 3 (Reuters) - European energy firms Equinor and BP terminated their agreement to sell power to New York state from their proposed Empire Wind 2 offshore wind farm, citing rising inflation, higher borrowing costs, and supply chain issues.

Read more
3 Jan 2024 17:02

Equinor and BP cancel contract to sell offshore wind power to New York

Jan 3 (Reuters) - Equinor and BP terminated on Wednesday their agreement to sell power to New York state from their 1,260-megawatt Empire Wind 2 offshore wind farm, citing rising inflation, higher borrowing costs, and supply chain issues.

Read more
3 Jan 2024 16:52

LONDON MARKET CLOSE: Stocks down ahead of US Fed minutes

(Alliance News) - Stock prices in London closed lower on Wednesday, as investors nervously look ahead to the latest US Federal Reserve meeting minutes.

Read more
3 Jan 2024 08:18

Chill Brands plots product launches and looks to ease regulatory worry

(Alliance News) - Chill Brands Group PLC on Wednesday said its vape products will soon launch in retail stores, including WH Smith PLC travel locations, and it reported a trio of initiatives to help soothe regulatory scrutiny.

Read more
2 Jan 2024 16:58

LONDON MARKET CLOSE: Stocks down amid disappointing manufacturing data

(Alliance News) - Stock prices in London closed lower on Tuesday, after the year was started with some disappointing data about the UK and US manufacturing sectors.

Read more
29 Dec 2023 13:01

LONDON MARKET CLOSE: UK equities outclassed by other markets in 2023

(Alliance News) - Stock prices in London closed mixed on Friday, the final trading day of 2023, as the annual returns from UK equities were outshone by international markets.

Read more
28 Dec 2023 16:54

LONDON MARKET CLOSE: End of year rally cools as FTSE 100 edges lower

(Alliance News) - Stock prices in London closed mixed on Thursday, the final full trading day of a mixed year, though the FTSE 100 is still on track to deliver a gain of more than 3% for 2023.

Read more
28 Dec 2023 09:02

LONDON MARKET OPEN: China-exposed firms rise as stocks drift higher

(Alliance News) - Stock prices in London opened slightly higher on Thursday, with investors feeling quietly optimistic on the penultimate day of trading for 2023.

Read more
23 Dec 2023 12:30

Poland's Orlen files Venture Global LNG arbitration case -Bloomberg News

Dec 23 (Reuters) - Polish oil and gas firm Orlen has lodged an arbitration case against Venture Global LNG which alleges that the U.S. exporter of liquefied natural gas was not honouring a long-term contract, Bloomberg News reported on Saturday.

Read more
22 Dec 2023 19:54

More ships carrying oil avoid Red Sea route

HOUSTON, Dec 22 (Reuters) - At least two ships transporting oil or oil products between the U.S. Gulf Coast and India on Friday were re-routing from the Red Sea, according to vessel tracking data, as a U.S.-led coalition geared up to help safeguard vessels from attacks by Yemen's Houthi militants.

Read more
22 Dec 2023 19:29

More ships carrying oil avoid Red Sea route

HOUSTON, Dec 22 (Reuters) - At least two ships transporting oil or oil products between the U.S. Gulf Coast and India on Friday were re-routing from the Red Sea, according to vessel tracking data, as a U.S.-led coalition geared up to help safeguard vessels from attacks by Yemen's Houthi militants.

Read more
22 Dec 2023 19:24

Equinor takes stakes in 2 Angola oil exploration blocks

OSLO, Dec 22 (Reuters) - Equinor has secured stakes in two more oil exploration blocks offshore Angola as it seeks to extend its presence in the country, the head of the Norwegian company's Africa operation said in a statement on Friday.

Read more
22 Dec 2023 19:20

Equinor takes stakes in 2 Angola oil exploration blocks

OSLO, Dec 22 (Reuters) - Equinor has secured stakes in two more oil exploration blocks offshore Angola as it seeks to extend its presence in the country, the head of the Norwegian company's Africa operation said in a statement on Friday. (Reporting by Terje Solsvik, editing by Essi Lehto)

Read more
22 Dec 2023 11:00

US offshore wind poised for success next year after turbulent 2023

NEW YORK, Dec 22 (Reuters) - The U.S. offshore wind industry is eying a brighter 2024, with work expected to start on several projects following a year marked by stalled developments and billions of dollars in write-offs.

Read more
20 Dec 2023 18:16

US Gulf of Mexico oil auction is largest since 2015

Dec 20 (Reuters) - A Biden administration auction of Gulf of Mexico drilling rights raised $382 million on Wednesday as oil companies claimed offshore acreage for what is set to be the last time until 2025.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.