May 22 (Reuters) - BP said on Friday its Whiting refinery returned to the bargaining table with the United Steelworkers Local 7-1 bargaining committee and presented a revised proposal intended to move the parties closer to an agreement.
The company added that the current settlement offer includes a withdrawal of the proposed voluntary reduction of up to 42 maintenance craft employees in response to the union's concerns.
Corporate News Commodities Oil & Gas

(Alliance News) - The FTSE 100 posted modest gains on Friday, while the oil price fell, amid guarded optimism about a Middle East peace deal.


(Alliance News) - Campaigners have cheered the UK chancellor's move to take aim at oil and gas profits with plans to close a tax loophole on overseas ...


(Alliance News) - The following are the leading risers and fallers among FTSE 100 and 250 index constituents on Friday.