Petrobras Workers Strike
Petrobras Workers Strike

Petrobras Workers Strike

Petrobras Workers Strike

Workers at Brazil's national oil company, Petrobras, began a strike last week that has paralyzed operations at its refineries and offshore platforms. The strike comes after workers rejected a salary increase they say is insufficient, Sputnik reported. Petrobras has historically given raises that have at least covered the rate of inflation—but the proposed 6% increase would fall nearly 1% short of that, as of November's reckoning. Petrobras, which has debts of more than $125 billion, has been trying to cut costs and sell off assets, including announcing a $2.2 billion asset sale to French oil company Total. The Federation of Petroleum Workers union, the largest trade union in Brazil's oil sector, also says Petrobras is in breach of the Collective Work Agreement for 2016-2017. Unions have also voiced concerns about changes in their employee contract that could let Petrobras lower the number of hours worked. In a statement, Petrobras said it had been notified by unions of the strike ahead of time.


Short URL : https://goo.gl/fCIZnS
  1. https://goo.gl/cVNeBN
  • https://goo.gl/QgHpJe
  • https://goo.gl/tt8wjF
  • https://goo.gl/2oWvll
  • https://goo.gl/6i7lHi

You can also read ...

Iran Discovers New Shale Deposits in Sea of Oman
Iran's Research Institute of Petroleum Industry has discovered...
Iran Oil Exports to India Hit Record
India purchased about 700,000 barrels of crude oil from Iran...
Aramco Trading currently trades 3.6 million barrels per day of crude and refined products.
Aramco Trading, the commercial arm of oil giant Saudi Aramco,...
Iran's current natural gas output stands at 230 billion cubic meters per annum.
The state-run National Iranian Gas Company is determined to...
US crude inventories rose by 1.1 million barrels in the week to April 20 to reach 429.1 million.
Oil prices on Wednesday fell back from more than three-year...
German Ambassador Klor-Berchtold (L) meets Energy Minster Reza Ardakanian in Tehran on April 24.
Germany is ready to develop energy ties with Iran by focusing...
Nationwide Euro-4 Diesel Distribution in June
The distribution of Euro-4 diesel will commence in June...

Add new comment

Read our comment policy before posting your viewpoints