US Markets
MPC

Talks between oil companies, U.S. union intensify as deadline nears

Credit: REUTERS/Donna Carson

Talks for a new national contract for U.S. refinery and chemical plant workers intensified on Monday between the United Steelworkers Union (USW) and oil companies, the union told members in a message seen by Reuters.

HOUSTON, Jan 24 (Reuters) - Talks for a new national contract for U.S. refinery and chemical plant workers intensified on Monday between the United Steelworkers Union (USW) and oil companies, the union told members in a message seen by Reuters.

Talks for the new pact began on Jan. 13 between the USW and lead company negotiator Marathon Petroleum MPC.N, the union has said, ahead of the Feb. 1 expiry of an existing three-year agreement covering 30,000 workers across the United States.

In addition to the contract talks, which will set pay and benefits, USW locals are meeting refinery and plant managers to agree on local issues.

Monday’s message said BP Plc BP.L, chemical maker Ineos, Chevron Corp CVX.N and Citgo Petroleum Corp PDVSAC.UL were making "tough, concessionary demands" in local negotiations.

Last week, the Steelworkers said BP had made a proposal in talks at local unions for a no-strike period of up to 120 days following expiry of contracts. .

A Chevron spokesperson did not have an immediate comment on Monday night, while spokespersons for BP, Ineos and Citgo did not immediately reply to requests for comment.

Sources familiar with local talks at Chevron’s refinery in Pasadena, Texas, said the company had asked for significant changes.

(Reporting by Erwin Seba; Editing by Clarence Fernandez)

((erwin.seba@thomsonreuters.com; +1 832 746 4269; Reuters Messaging: erwin.seba.thomsonreuters.com@reuters.net))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

MPC BP CVX

Latest Markets Videos

Reuters

Reuters, the news and media division of Thomson Reuters, is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world's media organizations, and directly to consumers at Reuters.com and via Reuters TV.

Learn More