Andrada Mining acquisition elevates the miner to emerging mid-tier status. Watch the video 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 strike enters 12th day, no talks scheduled

Thu, 12th Feb 2015 17:36

HOUSTON, Feb 12 (Reuters) - The largest U.S. refinery strikesince 1980 entered its 12th day on Thursday with no talksscheduled between union and industry representatives until nextweek, and at least one refinery will remain out of productionfor the duration of the work stoppage.

Tesoro Corp Chief Financial Officer Steven Sterintold analysts during an earnings conference call on Thursdaythat production at the company's 166,000-barrel-per-day (bpd)refinery in Martinez, California, will remain shut down untilthe strike ends.

Two of Tesoro's California refineries and another inWashington are among nine refineries where workers are onstrike, affecting 13 percent of U.S. capacity. A chemical plantand power co-generation plant have also seen walkouts.

Tesoro is operating the Martinez refinery near San Franciscoas a terminal.

Tesoro Chief Executive Greg Goff said during the call thatit was too early to discuss hiring permanent replacements forthe striking workers.

No talks are scheduled between the United Steelworkers union(USW), which represents the striking workers, and Shell Oil Co,the U.S. unit of Royal Dutch Shell Plc that is the leadoil company negotiator.

Shell has said it needs time to fulfill an extensiveinformation request from the union.

"The lines of communication between the USW and Shell remainopen," Shell spokesman Ray Fisher said.

A union representative did not immediately reply to arequest for comment.

Since the talks started on Jan. 21, sticking points haveincluded the use of non-union contractors and how to monitorworker fatigue. Wage increases and health benefits are also onthe bargaining table.

The USW is seeking a three-year, industry-wide pact thatwould cover 30,000 workers at 63 U.S. refineries that togetheraccount for two-thirds of domestic capacity.

Over the weekend, walkouts widened to include BP Plc's Whiting, Indiana, refinery and its joint-venture refinerywith Husky Energy in Toledo, Ohio.

Companies have called on trained temporary replacementworkers to keep their plants running at nearly normal levels.

Refineries where the strikes are taking place have reportedmalfunctions since walkouts began on Feb. 1.

A 70,000-bpd gasoline-producing fluid catalytic crackingunit was shut earlier this week at Shell's 327,000-bpd refineryin the Houston suburb of Deer Park, Texas. (Reporting by Erwin Seba; Editing by Paul Simao)

More News
5 Oct 2021 08:40

LONDON MARKET OPEN: Melrose Industries slips; Greggs tops FTSE 250

LONDON MARKET OPEN: Melrose Industries slips; Greggs tops FTSE 250

Read more
4 Oct 2021 17:00

LONDON MARKET CLOSE: Stocks edge lower as Evergrande fears mount

LONDON MARKET CLOSE: Stocks edge lower as Evergrande fears mount

Read more
4 Oct 2021 16:57

UPDATE 1-Shell restarts Gulf of Mexico Olympus platform after hurricane

(Updates with details)Oct 4 (Reuters) - Royal Dutch Shell on Monday said it has restarted production at its Olympus platform in the Mars Corridor in the Gulf of Mexico following repairs to portion of its West Delta 143 offshore facility in the aft...

Read more
4 Oct 2021 16:19

Shell restarts production at Olympus after Hurricane impact

Oct 4 (Reuters) - Royal Dutch Shell on Monday said it has restarted production at its Olympus asset in the Mars Corridor in the Gulf of Mexico following repairs in the aftermath of Hurricane Ida.The remaining assets in that corridor, Mars and Urs...

Read more
4 Oct 2021 09:54

UPDATE 2-Financial, travel stocks weigh on FTSE 100; Morrisons drops

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)* Morrisons shares drop on $9.5 billion takeover* Trading platform Plus500 gains on strong forecast* AstraZeneca up on breakthrough designati...

Read more
4 Oct 2021 09:26

LONDON BROKER RATINGS: Upgrades for Burberry, Future and Wetherspoon

LONDON BROKER RATINGS: Upgrades for Burberry, Future and Wetherspoon

Read more
30 Sep 2021 15:00

Britain's pharmacies being hit by truck driver shortage

LONDON, Sept 30 (Reuters) - Deliveries to British pharmacies are being affected by the acute shortage of truck drivers, the Company Chemists’ Association said on Thursday."The whole supply chain has been impacted from inbound wholesale depot suppl...

Read more
30 Sep 2021 13:34

UK gas stations say: pumps still running dry due to unprecedented demand

LONDON, Sept 30 (Reuters) - British gas stations are seeing unprecedented demand despite additional deliveries of fuel and there have been instances of staff receiving abuse, The Petrol Retailers Association said on Thursday."PRA members are repor...

Read more
30 Sep 2021 09:38

Malaysia's Petronas says maintenance underway at Kimanis oilfields

SINGAPORE, Sept 30 (Reuters) - Malaysia's state energy firm Petronas said on Thursday that unplanned maintenance is underway at the Gumusut-Kakap oilfield operated by Royal Dutch Shell off the coast of Sabah."The operator is working to resolve the...

Read more
29 Sep 2021 21:26

UPDATE 1-In Arizona, Rio Tinto CEO seeks 'win-win' for Resolution copper project

(Adds details from interview)By Ernest ScheyderSept 29 (Reuters) - A key Native American leader in Arizona declined to meet Rio Tinto Plc's chief executive this week, the latest roadblock in the mining giant's search for a "win-win" compromise to ...

Read more
29 Sep 2021 15:13

UK fuel retailers group says 27% of members out of fuel

LONDON, Sept 29 (Reuters) - Britain's fuel supply crisis which has led to pumps running dry and huge queues outside filling stations is easing with more forecourts reporting deliveries, an industry group said on Wednesday.The Petrol Retailers Asso...

Read more
29 Sep 2021 12:13

LONDON MARKET MIDDAY: Stocks rise as Evergrande fears ease, weak pound

LONDON MARKET MIDDAY: Stocks rise as Evergrande fears ease, weak pound

Read more
29 Sep 2021 12:05

UK launches reserve tanker fleet to boost fuel deliveries

LONDON, Sept 29 (Reuters) - Britain said on Wednesday the government's reserve tanker fleet would be operating by later in the day, driven by civilians, to help deliver fuel to petrol stations across the country."I can confirm the government's Res...

Read more
29 Sep 2021 08:58

LONDON MARKET OPEN: AstraZeneca and Next lead FTSE 100 higher

LONDON MARKET OPEN: AstraZeneca and Next lead FTSE 100 higher

Read more
28 Sep 2021 17:05

LONDON MARKET CLOSE: Inflation jitters hit stocks as oil tops USD80

LONDON MARKET CLOSE: Inflation jitters hit stocks as oil tops USD80

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.