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Marathon Petroleum Corp

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  • HOUSTON, March 25- Striking workers at Tesoro Corp's Martinez, California, refinery have ratified a new contract, ending a 52- day strike at that plant, the United Steelworkers union said on Wednesday. USW members at the Martinez refinery were the last of three Tesoro groups to approve the contract based on a tentative national agreement reached between the...

  • HOUSTON, March 16- A tentative national agreement to end a six-week strike at twelve U.S. refineries has struggled to win ratification at eight plants as workers and companies struggle to settle local issues, according to union officials. The deal reached on Thursday by the United Steelworkers and lead industry negotiator Royal Dutch Shell Plc to end the...

  • HOUSTON, Feb 23- Talks to end the largest U.S. refinery strike in 35 years are not expected to resume this week, sources familiar with the negotiations said on Monday after the number of plants hit by walkouts increased over the weekend. The halt in talks comes after the USW pulled workers from three Motiva Enterprises LLC refineries in Louisiana and Texas...

  • HOUSTON, Feb 23- Talks to end the largest U.S. refinery strike in 35 years are not expected to resume this week, sources familiar with the negotiations said on Monday after the number of plants hit by walkouts increased over the weekend. Face-to-face meetings between the United Steelworkers union and lead refinery owner representative Shell Oil Co, the U.S. arm of...

  • HOUSTON, Feb 22- The largest U.S. refinery strike in 35 years entered its fourth week on Sunday as workers at 12 refineries accounting for one-fifth of national production capacity were walking picket lines. Wal-Mart Stores Inc has said its U.S. workers will get a raise to at least $9 an hour, while West Coast port workers have reached a tentative deal for a new...

  • HOUSTON, Feb 22- The largest U.S. refinery strike in 35 years entered its fourth week as workers at 12 refineries accounting for one-fifth of national production capacity were walking picket lines as of 12 a.m. CST on Sunday, according to union officials. After the latest breakdown between the two sides, Steelworkers leaders targeted Shell, which is the U.S. arm of...

  • HOUSTON, Feb 21- The U.S. refinery strike widened on its 20th day, with workers at the nation's largest refinery walking off jobs and joining picket lines on Saturday as the United Steelworkers union pushes for a new contract that improves wages and safety. Shortly after talks between union and oil company representatives ended on Friday night, the union...

  • HOUSTON, Feb 21- The U.S. refinery strike widened as workers at the nation's largest refinery walked off their jobs at 12 a.m. CST on Saturday, according to the United Steelworkers union. Shortly after talks between union and oil company representatives ended on Friday night, the union notified Motiva Enterprises of a strike by its members at the company's...

  • Shell says no agreement in U.S. refinery strike talks Friday, 20 Feb 2015 | 10:48 PM ET

    HOUSTON, Feb 20- Lead U.S. oil company negotiator Shell Oil Co said face-to-face negotiations on Friday with the United Steelworkers union failed to yield an agreement to end the 20- day-old U.S. refinery strike. Rumors about a tentative deal between the USW and Shell Oil, which is the U.S. arm of Royal Dutch Shell Plc, were being swapped through text messages, emails...

  • Feb 13- The United Steelworkers union said no new strike notices were issued on Friday as the largest U.S. refinery strike since 1980 reached its 13th day. The last round of strike notices were issued a week ago on Friday, Feb. 6, when the union told BP Plc that workers would walk off their jobs the following day at refineries the company operates in Indiana and Ohio.

  • NEW YORK, Feb 6- Workers represented by the Building Trades Unions will return to Marathon Petroleum Corp's refinery in Catlettsburg, Kentucky on Monday, even as a strike by the United Steelworkers drags into a second week, documents obtained by Reuters show. While the Building Trades Unions say they continue to support the USW's cause, their return work comes at...

  • HOUSTON, Feb 4- The United Steelworkers union said a new contract offer was made by lead oil company negotiator Royal Dutch Shell Plc on Wednesday night as a strike by U.S. refinery workers ended its fourth day. "The USW has received an offer and will respond after consideration of the offer tomorrow," USW spokeswoman Lynne Hancock said. About 4,000 workers at nine...

  • HOUSTON, Feb 4- Negotiations will resume on Wednesday between Royal Dutch Shell Plc and union leaders as they haggle over a new wage contract for striking U.S. refinery workers, the company said. The two camps have been in a stalemate since the United Steelworkers union called walkouts early on Sunday at nine plants with about 10 percent of U.S. refining capacity,...

  • HOUSTON, Feb 3- At tense meetings just days before the first major U.S. refinery strike in 35 years was called on Sunday, union leaders grew increasingly pessimistic about getting a new labor contract and a sizable wage increase. The USW had always viewed Shell as the most flexible of the big oil companies, much easier to negotiate with than Exxon Mobil Corp or...

  • Final Trades 2/3/15 Tuesday, 3 Feb 2015 | 2:29 PM ET
  • HOUSTON, Feb 3- At tense meetings just days before the first major U.S. refinery strike in 35 years was called on Sunday, union leaders grew increasingly pessimistic about getting a new labor contract and a sizable wage increase. Officials from Royal Dutch Shell Plc, the lead negotiator for oil companies, were repeatedly saying it would be too hard to meet the...

  • HOUSTON, Feb 2- Royal Dutch Shell Plc negotiators met on Monday with the union representing workers at U.S. refineries as a strike stretches into a third day after talks on a new national contract broke down. "Representatives from Shell and the United Steelworkers union resumed communications on Monday in hopes of coming to a mutually satisfactory contract...

  • HOUSTON, Feb 2- Royal Dutch Shell Plc said late on Monday it resumed contact with the union representing workers at U.S. refineries as a strike stretched into a second day after talks on a new national contract broke down. But one of the affected plants, Tesoro Corp's 166,000- barrel-per-day Martinez, California, refinery, was being fully shut down, since part of it...

  • One of the affected plants, Tesoro Corp's 166,000- barrel-per-day Martinez, California, refinery, was being fully shut down, since part of it was already in the midst of planned maintenance work. "In the short term, the strikes are definitely driving prices up," said Phil Flynn of Price Futures Group in Chicago. Gasoline futures traded in New York rose more than $0.05...

  • Stocks close up sharply, boosted by Greece and oil Monday, 2 Feb 2015 | 4:00 PM ET
    Traders work on the floor of the New York Stock Exchange.

    U.S. stocks closed sharply higher on encouraging news from the Eurozone and stronger oil prices.