The Business Times
SUBSCRIBERS

Shell 'optimistic' on US refinery contract talks

Union not as optimistic, prepared for possible strike

Published Fri, Jan 30, 2015 · 09:50 PM

Houston

LEAD industry negotiator Royal Dutch Shell Plc said on Thursday that it was "optimistic" a new three-year agreement could be reached with a union representing hourly workers at 63 US refineries that account for two-thirds of US refining capacity.

In a message to members, the United Steelworkers union (USW) did not share Shell's optimism, pointing to the approaching expiration of the current three-year agreement at 12.01 am on Sunday in the time zone where each refinery is located.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Energy & Commodities

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here