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Stock impact report

Union faults BP's proposals in local refinery negotiations [Reuters]

Exxon Mobil Corporation (XOM) 
Last exxon mobil corporation earnings: 5/1 07:34 am Check Earnings Report
US:NYSE Investor Relations: ir.exxonmobil.com
Company Research Source: Reuters
People in the USW familiar with the matter said BP has put forward proposals in local negotiations at its U.S. refineries to require waiting periods of up to 120 days between the expiration of a contract and the possible start of a strike. “BP's position at local tables attacks the National Oil Bargaining Program,” the union said in a message to members and seen by Reuters. “Pipeline & refinery locals stand together to fight back!” A BP spokesperson declined to discuss the details of proposals in contract negotiations. “BP is negotiating in good faith with the United Steelworkers union to improve the competitiveness of our business and create a sustainable future for all,” said company spokesperson Cameron Nazminia. A union spokesperson was not immediately available to discuss the USW's message. Since 1966 the union has at many refineries won a common expiration date for refinery and chemical plant contracts. The common date raises the possibility workers will strike at mul Show less Read more
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