Less Ads, More Data, More Tools Register for FREE

Pin to quick picksRDSA.L Share News (RDSA)

  • There is currently no data for RDSA

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UPDATE 1-Strike at Marathon's Galveston Bay plant to continue -USW official

Fri, 13th Mar 2015 22:56

(Adds activity at other refineries, details, background)

HOUSTON, March 13 (Reuters) - A strike by the UnitedSteelworkers (USW) local union at the Marathon Petroleum Corp Galveston Bay Refinery in Texas City, Texas, willcontinue as long as the company refuses to accept the terms of anewly-negotiated national agreement without encumberances, saida union official on Friday.

The national agreement, often referred to as "the patternagreement," reached on Thursday by officials from the union andlead refinery owner negotiator Shell Oil Co is supposed to beoffered by the companies at all refineries and chemical plantsrepresented by the USW.

"The company refuses to offer the pattern unencumbered,"said W.E. Sanders, sub-director for USW District 13, whichcovers Arkansas, Louisiana, Oklahoma and Texas. "The companyclearly knows its obligations under the pattern."

A Marathon representative was not immediately available todiscuss the dispute.

Marathon is the only company so far said to be unwilling tooffer the national agreement at one of its locations. Sixcompanies own the 15 plants where 6,550 USW members remain onstrike pending formal ratification of the national and localagreements, which will include the terms of return-to-workplans.

Striking workers are expected to return to their jobs withintwo weeks.

Workers at Marathon's Catlettsburg, Kentucky, refinery wereexpected to remain off of their jobs while the company and theUSW discuss local issues, according to a report from theHuntington, West Virginia, Herald-Dispatch.

Shell, which is the U.S. arm of Royal Dutch Shell Plc, and the USW were negotiating on Friday areturn-to-work agreement framework that will be used by thelocal unions.

The strike by the USW began on Feb. 1 and spread to 15plants, including 12 refineries that account for one-fifth ofU.S. capacity. It is the largest national work stoppage byrefinery workers since 1980.

Workers at the Shell refinery and chemical plant in DeerPark, Texas, and three Motiva Enterprises refineries,of which Shell is a co-owner, were awaiting the return-to-workframework agreement, expected by Saturday.

Negotiations were continuing between the USW local union andLyondell Basell Industries over local issues at thecompany's Houston Refinery, said a source familiar with thetalks. A federal mediator has joined the talks.

A federal mediator may also join the talks between MarathonGalveston Bay workers and the company when they restart, Sanderssaid. (Reporting by Erwin Seba; Editing by Diane Craft, Bernard Orr)

More News
23 Nov 2021 09:15

UPDATE 1-Shell halves Singapore refining capacity, to change chemical feedstock

* Pulau Bukom refinery capacity cut by half* Shell tests pyrolysis oil, bionaphtha feedstock* Company considers carbon capture, biofuels (Recasts, adds detail, quotes)By Florence TanSINGAPORE, Nov 23 (Reuters) - Royal Dutch Shell has halved https:/...

Read more
21 Nov 2021 19:52

UPDATE 2-NZ's Meridian Energy sells Australia unit for $528 mln to Shell-consortium

(Adds comment from Shell paras 5,6)Nov 22 (Reuters) - Meridian Energy on Monday said it agreed to sell its Australian energy business for A$729 million ($527.80 million) to a consortium of global energy giant Royal Dutch Shell and Australian inves...

Read more
21 Nov 2021 19:52

UPDATE 1-NZ's Meridian Energy sells Australia unit for $528 mln to Shell-consortium

(Adds detail on deal, quote)Nov 22 (Reuters) - Meridian Energy on Monday said it agreed to sell its Australian energy business for A$729 million ($527.80 million) to a consortium of global energy giant Royal Dutch Shell and Australian investment m...

Read more
21 Nov 2021 19:36

NZ's Meridian Energy sells Australia energy unit for $528 mln to Shell-consortium

Nov 22 (Reuters) - Meridian Energy on Monday said it agreed to sell its Australian energy business for A$729 million ($527.80 million) to global energy giant Royal Dutch Shell and Australian investment manager Infrastructure Capital Group.The agr...

Read more
19 Nov 2021 09:48

UPDATE 2-British shares log weekly loss as commodity, travel stocks weigh

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)* Travel stocks slammed by lockdown fears* UK retail sales rise by 0.8% in October* Kingfisher slips as Q3 sales drop* FTSE 100 down 0.5%, FT...

Read more
19 Nov 2021 07:48

REFILE-UPDATE 1-Ryanair drops London listing, citing costs

(Fixes headline)DUBLIN, Nov 19 (Reuters) - Ryanair gave notice on Friday of its intention to delist from the London Stock Exchange next month, saying the volume of trading did not justify the costs related to retaining an additional listing.The ...

Read more
19 Nov 2021 07:48

UPDATE 1-Ryanair drops London Stock Exchange, citing dual listing costs

(Adds details)DUBLIN, Nov 19 (Reuters) - Ryanair gave notice on Friday of its intention to delist from the London Stock Exchange next month, saying the volume of trading did not justify the costs related to retaining an additional listing.The Ir...

Read more
18 Nov 2021 16:15

UPDATE 1-Oil shares dip as Asian nations consider releasing oil reserves

(New throughout, updates prices, market activity and comments)By Danilo MasoniMILAN, Nov 18 (Reuters) - Shares in oil companies fell on Thursday as plans by the world's top consuming nations to release strategic reserves sent crude prices to multi-...

Read more
18 Nov 2021 13:39

Oil shares dip as Asian nations consider releasing oil reserves

By Danilo MasoniMILAN, Nov 18 (Reuters) - Shares in oil companies fell on Thursday as plans by the world's top consuming nations to release strategic reserves sent crude prices to multi-week lows, curbing enthusiasm for one of the best performing ...

Read more
18 Nov 2021 13:16

Shell acquires 51% stake in Irish floating offshore wind project

LONDON, Nov 18 (Reuters) - Royal Dutch Shell said on Thursday it had acquired a 51% stake in an floating wind project off the west coast of Ireland aiming to develop up to 1.35 gigawatt in electricity capacity.Shell bought the stake in the Western...

Read more
18 Nov 2021 12:50

GLOBAL MARKETS-Stocks shine once again, Turkey's lira plunges on rate cut

* Brent crude under pressure at $80* Turkish currency drops as cenbank cuts rates* Dollar, stocks pause after hot November so far* European gas prices consolidate 60% surge this month* Graphic: Global asset performance http://tmsnrt.rs/2yaDPgn* Graph...

Read more
18 Nov 2021 12:10

LONDON MARKET MIDDAY: FTSE left behind as CAC and DAX hit records

LONDON MARKET MIDDAY: FTSE left behind as CAC and DAX hit records

Read more
17 Nov 2021 16:02

UPDATE 2-U.S. Gulf of Mexico auction attracts pent up demand from oil drillers

(Adds sale results)By Nichola GroomNov 17 (Reuters) - The Biden administration's auction of oil drilling rights in the U.S. Gulf of Mexico generated more than $190 million in high bids, bringing in more money for taxpayers than any government offs...

Read more
17 Nov 2021 16:02

UPDATE 1-U.S. offshore oil auction begins under court order, shadow of climate deal

(New throughout, adds statistics released prior to the sale, details on bidders)By Nichola GroomNov 17 (Reuters) - The Biden administration on Wednesday kicked off an auction of oil drilling rights to 80 million acres in the U.S. Gulf of Mexico da...

Read more
17 Nov 2021 16:02

UPDATE 3-Chevron, Exxon are among top spenders at Biden offshore auction

(Recasts, adds industry and environmentalist comments, details from sale, Biden FTC letter)By Nichola GroomNov 17 (Reuters) - U.S. oil majors Exxon Mobil Corp and Chevron Corp were among the top buyers at a federal auction of oil leases in the U.S...

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.