Energy Investing - Workers at BP's Rotterdam refinery take first step toward strike action - Energy Investing - InvestorVillage


This is a semi-private group. You are free to browse messages, but you must be a member of this group to post messages. Join This Group

Group: Energy Investing   /  Message Board  /  Read Message

 
 






Keyword
Subject
Between
and
Rec'd By
Authored By
Minimum Recs
  
Previous Message  Next Message    Post Message    Post a Reply return to message boardtop of board
Msg  462677 of 478805  at  11/14/2022 11:55:13 AM  by

old_doodle_bugger


Workers at BP's Rotterdam refinery take first step toward strike action

 

Nov. 14, 2022 10:02 AM ETBP p.l.c. (BP)By: Carl Surran, SA News Editor

“Workers at BP's (NYSE:BP) refinery in Rotterdam have started a "work-to-rule" action, potentially disrupting operations, after an ultimatum expired with no new pay agreement in place, a union spokesperson said Monday.

The action, in which workers do no more than their contract exactly specifies, would be followed by cuts in refining volume and eventually complete strikes if no agreement is reached, the CNV union said.

Citing high inflation, the union said it is seeking a 6% wage increase, a €4K cash bonus and access to a stock compensation plan representing an additional 3.5% pay increase.

The BP (BP) refinery in Rotterdam is Europe's second largest oil refinery, processing ~400K bbl/year of oil, and is an important supplier of diesel to northern Europe.”

Article at: https://seekingalpha.com/news/3907192-workers-at-bps-rotterdam-refinery-take-first-step-toward-strike-action



     e-mail to a friend      printer-friendly     add to library      
|  
Recs: 4  
   Views: 0 []
Previous Message  Next Message    Post Message    Post a Reply return to message boardtop of board

Replies
Msg # Subject Author Recs Date Posted
462683 Re: Workers at BP's Rotterdam refinery take first step toward strike action xoil 0 11/14/2022 12:06:21 PM




Financial Market Data provided by
.
Loading...