Brazil's Main Oil Union to Strike Against Petrobras from Sunday
RIO DE JANEIRO, Oct 30 (Reuters) - Brazil's largest oil workers union said on Friday it will start an open-ended strike against Petrobras on Sunday in a bid to overturn moves to shrink the state-run oil company.
FUP, which represents platform, refinery and other workers, will join a number of smaller unions already on strike.
In a statement, FUP said the decision to strike had been made after more than 100 days of negotiations with Petroleo Brasileiro SA, as the company is formally known.
Petrobras, in an emailed statement, said oil production or refining is not affected by the strike. The company was meeting with unions and had made a new salary proposal, it added.
Petrobras wants to pay down debt, which at about $120 billion is the most of any oil company, and generate cash for investment and revive investor confidence after a massive corruption scandal.
FUP said it wants asset sales stopped, work on refineries resumed, local content rules maintained, and a guarantee that Petrobras remain the sole operator in Brazil's sub-salt offshore oil area.
(Reporting by Stephen Eisenhammer; Editing by Jeffrey Benkoe)
WHAT DO YOU THINK?
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
Operates 34 Offshore Rigs
Manages 10 Offshore Rigs
- Exxon, Petrobras Form Alliance To Develop Oil, Gas Projects (Dec 14)
- Natural Gas In Petrobras Pipelines Up About 23% In 2017 (Dec 05)
- Petrobras CEO Says To Discuss Refining Partnership With CNPC CEO (Nov 15)