Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

UPDATE 1-Brent loadings to stop if no strike deal reached -union

Wed, 28th Apr 2021 13:35

(Adds detail)

LONDON, April 28 (Reuters) - Loadings of the Brent crude oil
stream in the British North Sea, which underpin the global Brent
benchmark contract, would stop in mid-May if no deal is
reached between the Unite union and the Shetland Islands Council
employing them.

"We are hoping to get a resolution without strike action,
but if we do need to take action it will have a major impact on
the Sullom Voe Terminal. Our members on the tugs bring the
tankers into port, and without them the tankers will not be able
to be loaded or unloaded," Unite officer John Boland said.

"There is limited storage at Sullom Voe, so this could have
an impact on production for the Brent and Ninian fields."

The Sullom Voe terminal itself is operated by EnQuest
which said it was talking to Shetland Island Council
officials to understand what impact to services may be
anticipated from potential strike action.

The strike was being called over a dispute about workers
being denied a "service award" after their transfer to Shetland
Islands Council (SIC) in 2006, the union said in a release late
on Wednesday.

Brent crude differentials rose on Wednesday as bidders were
willing to pay more.

(Reporting by Shadia Nasralla, editing by Louise Heavens)

Related Shares

More News
16 Apr 2024 15:42

EnQuest selling stake in North Sea Golden Eagle oilfield, sources say

LONDON, April 16 (Reuters) - Britain's EnQuest is looking to sell its 27% stake in the Golden Eagle oilfield in the British North Sea as it seeks to...

16 Apr 2024 12:35

EnQuest selling stake in North Sea Golden Eagle oilfield, sources say

LONDON, April 16 (Reuters) - Britain's EnQuest is looking to sell its 27% stake in the Golden Eagle oilfield in the British North Sea as it seeks to...

28 Mar 2024 14:25

EnQuest improves 2023 profit despite lower oil and gas prices

(Alliance News) - EnQuest PLC said on Thursday that the company had "achieved its 2023 targets", as it reported a decline in revenue on weaker commodi...

28 Mar 2024 10:21

SMALL-CAP WINNERS & LOSERS: Enquest profit up; API rejects merger

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday.

21 Mar 2024 15:00

UK earnings, trading statements calendar - next 7 days

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.