The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

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

U.S. refinery deal hits roadblocks at 8 striking plants

Mon, 16th Mar 2015 16:00

By Erwin Seba

HOUSTON, March 16 (Reuters) - A tentative national agreementto end a six-week strike at twelve U.S. refineries has struggledto win ratification at eight plants as workers and companiesstruggle to settle local issues, according to union officials.

The deal reached on Thursday by the United Steelworkers(USW) and lead industry negotiator Royal Dutch Shell Plc to end the biggest walkout of its kind in 35 years is showing signs of quick passage at just four plants.

The four sites where the deal is finding support andprogress is being made on local issues are at facilities ownedor co-owned by Shell.

Workers at these plants, which include three MotivaEnterprises refineries, have scheduled or areexpected to hold votes this week to ratify the agreement. Theycould be back at work next week.

But local labor talks were stalled at other plants as unionchapters try to address issues not covered by the national dealthat defines rules for pay, healthcare and safety.

The delays mean companies will have to continue relying ontemporary workers to keep their plants running. The stoppagesaffected plants with a fifth of U.S. crude processing capacity.

"(The)fight continues at Tesoro, Lyondell, BP, Marathon andothers still face challenges with local issues," the USW saidSunday.

Lyondell Basell Industries broke off negotiationson Saturday with the USW chapter from its Houston refinery, theunion said.

The company halted talks claiming 'the Union needed acooling off period,'" USW local 13-227 said in a letter to itsmembers.

It said the company negotiators provided no furtherexplanation. Lyondell spokesman George Smalley said the companywould not comment for now.

A source familiar with the talks said the company may bewaiting to see if more workers cross the picket line at theplant. About 10 percent of the more than 400 workers representedby USW local 13-227 have returned to work there.

On Friday, the USW said a strike at the Marathon PetroleumCorp's Galveston Bay Refinery in Texas City, Texas,would continue at least until the company agrees to accept thenational settlement reached last week.

A Marathon spokesman said the company would be meeting withthe union but would have no further comment.

Other strikes are at three Tesoro Corp West Coastrefineries, BP Plc's Whiting, Indiana refinery and BP'sjoint-venture refinery in Toledo, Ohio with Husky Energy. (Editing by Terry Wade and W Simon)

More News
27 Oct 2022 07:30

Shell announces $4bn share buyback as Q3 profits beat expectations

(Sharecast News) - Oil giant Shell announced a $4bn share buyback on Thursday as it posted better-than-expected third-quarter profits.

Read more
21 Apr 2022 11:53

Shell turning to China to offload Russian business - report

(Sharecast News) - Shell is reportedly looking to China as it looks to offload its Russian business.

Read more
15 Feb 2022 15:54

Shell preparing to sell North Sea gas fields - report

(Sharecast News) - Shell is reportedly preparing to launch the sale of its stakes in two clusters of gas fields in the southern British North Sea, part of an ongoing retreat of long-time producers from the ageing basin.

Read more
7 Feb 2022 10:52

Berenberg nudges up target price on Shell

(Sharecast News) - Analysts at Berenberg slightly raised their target price on oil and gas giant Shell from 2,350.0p to 2,375.0p on Monday, stating the firm was "on a roll".

Read more
31 Jan 2022 10:53

TOP NEWS SUMMARY: Shell and BHP share unifications go into effect

TOP NEWS SUMMARY: Shell and BHP share unifications go into effect

Read more
31 Jan 2022 07:48

LONDON MARKET PRE-OPEN: WeBuyAnyCar owner buys into Lookers

LONDON MARKET PRE-OPEN: WeBuyAnyCar owner buys into Lookers

Read more
28 Jan 2022 11:25

Shell's renewables boss steps down after less than two years

* Elisabeth Brinton leaves for new role, she says* Shell creates two new renewables leadership roles* Thomas Brostrøm to head renewables generation* Steve Hill to head energy marketingBy Ron BoussoLONDON, Jan 28 (Reuters) - Shell's head of renewable...

Read more
27 Jan 2022 16:14

UK earnings, trading statements calendar - next 7 days

UK earnings, trading statements calendar - next 7 days

Read more
26 Jan 2022 17:02

LONDON MARKET CLOSE: FTSE 100 soars ahead of Fed as oil, travel gain

LONDON MARKET CLOSE: FTSE 100 soars ahead of Fed as oil, travel gain

Read more
26 Jan 2022 14:36

China's Sinopec awards fewer cargoes in recent LNG tender

By Chen Aizhu and Marwa RashadSINGAPORE/LONDON, Jan 26 (Reuters) - Unipec, the oil and gas trading arm of China's Sinopec Corp has awarded fewer-than-planned cargoes in a recent tender to sell up to 45 cargoes of liquefied natural gas for 2022 del...

Read more
26 Jan 2022 12:16

LONDON MARKET MIDDAY: Markets brace for aggressive US Fed tightening

LONDON MARKET MIDDAY: Markets brace for aggressive US Fed tightening

Read more
26 Jan 2022 09:33

UPDATE 2-Commodity, bank stocks lead FTSE 100 higher; Playtech drops

* Oil and banking shares top gainers* Wizz Air reports Q3 loss, expects improvement in spring* FTSE 100 up 1.3%, FTSE 250 add 1.1% (Updates to market close)By Shashank Nayar and Ambar WarrickJan 26 (Reuters) - London's FTSE 100 rose on Wednesday wit...

Read more
26 Jan 2022 09:12

LONDON MARKET OPEN: Fresnillo drops on 2022 production warning

LONDON MARKET OPEN: Fresnillo drops on 2022 production warning

Read more
25 Jan 2022 21:13

UPDATE 1-U.S. awards 13 mln barrel exchange of crude from strategic reserve

(Adds details on sale, background on 50 million barrel SPR plan)WASHINGTON, Jan 25 (Reuters) - The U.S. Department of Energy said on Tuesday it had approved an exchange of 13.4 million barrels of crude oil from the Strategic Petroleum Reserve to ...

Read more
25 Jan 2022 20:10

U.S. awards exchange of 13 mln barrels of crude from strategic reserve

WASHINGTON, Jan 25 (Reuters) - The U.S. Department of Energy said on Tuesday it had approved an exchange of 13.4 million barrels of crude oil from the Strategic Petroleum Reserve to seven companies.The companies are Shell Trading US, 4.2 million ...

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.