Strike Could Halt Petrobras Output for 5 Days

Eighty percent of unionized workers at Brazil's federal energy company Petrobras (NYSE: PBR) have approved a five-day strike for July, Jose Maria Rangel, director of the oil workers federation (FUP), told BNamericas.

FUP will meet again on July 4 to decide when to start the strike, which will put a stop to the company's domestic production, according to FUP.

"Petrobras has not been in touch with us so far. They were waiting for our union workers to deliberate on the strike. We're getting organized for next week regardless of whether Petrobras gets in touch or not," Rangel said on Friday.

The union is protesting worker salaries and promotion plans.

Visit BNamericas to access our real-time news reports, 10-year archive, Fact File company database, and latest research reports. Click here for a Free two week trial to our Latin America Oil & Gas information service.


Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Administrave Assistant-Galleria Area-Contract
Expertise: Secretarial or Administrative
Location: Houston, TX
Rockies Regional Instrumentation & Electrical Operations Manager
Expertise: Business Development|Electrician|Operations Management
Location: Durango, CO
Operations Coordinator
Expertise: Logistics Management|Operations Management
Location: Sugar Land, TX
search for more jobs

Brent Crude Oil : $53.96/BBL 0.35%
Light Crude Oil : $51.36/BBL 0.21%
Natural Gas : $3.209/MMBtu 0.34%
Updated in last 24 hours