U.S. OIL STRIKE
The United Steelworkers union (USW) and Royal Dutch Shell PLC, which serves as lead company for National Oil Bargaining negotiations, have agreed to return to the bargaining table in an attempt to resolve USW's more than 5-week-long unfair labor practice strike in effect at US refineries and associated installations.
After an extended period of halted discussions between the parties, Shell and USW decided at a Mar. 4 meeting to resume the negotiation process during the week beginning Mar. 9, Shell said.
The announcement comes just days after Shell revealed its plan to return the company's strike-impacted sites to normal, full-rotation operations with the use of Shell-trained employees and without the use of union workers.
While Shell expressed hopes of reaching a mutually satisfactory agreement with USW upon renewed negotiations, the company also said it will continue to run its business, which includes the long-term goal of maintaining safe, reliable operations, with or without a union workforce, for as long as necessary.
Since negotiations began with USW following the Feb. 1 call to strike, Shell has put seven offers on the table, all of which have been rejected.
To date, USW has called its members to strike at a total of 15 US refineries and associated production sites operated by Shell, Motiva Enterprises, LyondellBasell, Marathon Petroleum Corp., Tesoro Corp., and BP PLC.
|October, 19, 11:30:00|
|October, 19, 11:25:00|
|October, 19, 11:20:00|
|October, 19, 11:15:00|
|October, 19, 11:10:00|
|October, 19, 11:05:00|
PLATTS - Norwegian natural gas exports to the UK jumped to their highest in six months Wednesday as consistently high UK prices incentivized flows normally only reserved for wintry periods.
AZERNEWS - The estimated cost of construction of nuclear power plant of Russian design in Uzbekistan will be about $ 11 billion, the launch of the first power unit has been planned for 2028, the Aide to the President of the Russian Federation Yury Ushakov said.
SHANA - Managing Director of the Iranian Gas Engineering and Development Company (IGEDC) Hassan Montazer Torbati said the supply of one billion cubic meters per day of natural gas by National Iranian Gas Company (NIGC) was one of the goals of the company by 2021.
WNN - China and Belgium have signed a framework agreement on cooperation in the peaceful use of nuclear energy. The agreement was one of several accords signed in Brussels yesterday during a meeting between Chinese Premier Li Keqiang and Belgian Prime Minister Charles Michel.