Advertisement
UK markets closed
  • FTSE 100

    7,952.62
    +20.64 (+0.26%)
     
  • FTSE 250

    19,884.73
    +74.07 (+0.37%)
     
  • AIM

    743.26
    +1.15 (+0.15%)
     
  • GBP/EUR

    1.1702
    +0.0008 (+0.07%)
     
  • GBP/USD

    1.2637
    +0.0015 (+0.12%)
     
  • Bitcoin GBP

    55,788.25
    -259.73 (-0.46%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • S&P 500

    5,254.35
    +5.86 (+0.11%)
     
  • DOW

    39,807.37
    +47.29 (+0.12%)
     
  • CRUDE OIL

    83.11
    -0.06 (-0.07%)
     
  • GOLD FUTURES

    2,254.80
    +16.40 (+0.73%)
     
  • NIKKEI 225

    40,369.44
    +201.37 (+0.50%)
     
  • HANG SENG

    16,541.42
    +148.58 (+0.91%)
     
  • DAX

    18,492.49
    +15.40 (+0.08%)
     
  • CAC 40

    8,205.81
    +1.00 (+0.01%)
     

BP workers at Rotterdam refinery start work-to-rule action

FILE PHOTO: An illuminated BP logo is seen at a petrol station in Gateshead, Britain, September 23, 2021

By Toby Sterling

AMSTERDAM (Reuters) -Workers at the BP refinery in Rotterdam began work-to-rule industrial action on Monday after the noon expiry of a union deadline for a new pay agreement, a union spokeman said.

Jaap Bosma of the CNV union said the action, under which workers do no more than specified in their contracts, would be followed by cuts in refining volume and eventually complete strikes if no agreement is reached.

"It is definitely not going to remain at just this," he said.

BP representatives could not be reached for comment.

On Thursday a company statement said: "We regret that we have not yet reached an agreement and that actions may follow."

ADVERTISEMENT

The BP refinery in Rotterdam processes about 400,000 barrels of oil annually and is an important supplier of diesel to Northern Europe.

BP's final offer in talks over a new collective labour agreement under discussion since April had been for a 5% wage increase and one-off bonus of 4,000 euros ($4,000).

Citing Dutch inflation above 15%, workers continue to seek a 6% wage increase, the cash bonus and access to a stock compensation plan representing an additional 3.5% pay increase, Bosma said.

A joint memo by the two unions representing 300 of the 730 workers at the refinery instructed members to "strictly perform the set procedures". Another 130 covered by collective labour agreements are expected to join the work-to-rule action.

"Safety first!" said the memo seen by Reuters.

(Reporting by Toby SterlingEditing by David Goodman)