Log in
Login
Password
Remember
Lost password
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Shares  >  London Stock Exchange  >  BP plc    BP.

BP PLC (BP.)

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

BP plc : BP tanker drivers begin strike at Petroineos refinery

02/22/2013 | 06:34am US/Eastern

BP tanker drivers have begun a three-day strike at Petroineos's Grangemouth refinery in Scotland over a plan to transfer some of them to another employer, which would affect their pensions and pay.

Some 42 members of trade union Unite are striking over Air BP's decision to award a contract to express delivery company DHL to take over the transport of fuel to Scottish airports such as Edinburgh, Glasgow and Aberdeen.

The switch will entail the transfer of 15 BP employees on an aviation distribution contract to DHL in March, a BP spokesman said.

The strike began at 0400 GMT on Friday and will go on until 0800 GMT on Monday, Unite said.

"Two thirds of the workforce affected stand to lose up to 1,500 pounds ($2,300) a year on their salary because they're losing a share-match scheme that BP introduced last year as opposed to a pay rise," a Unite spokesman said in an interview by phone from the picket line.

He added that one third of the staff on the aviation contract will lose up to 13,000 pounds a year per person from their pensions.

"The dispute has been rumbling on since last year, when BP offered the share-match scheme instead of a percentage pay rise," he said.

BP said that contingency plans had been put in place to try to minimize disruption to fuel deliveries.

"We've been sending deliveries using other drivers to ensure there is continuity of supply to airports and retail forecourts," the BP spokesman said. "We believe stocks are at a good level."

($1 = 0.6555 British pounds)

(Reporting by Claire Milhench; editing by Jane Baird)

React to this article
Latest news on BP PLC
03:43p BP : to relinquish three offshore blocks in Uruguay
08/01 Egypt says over half of summit promises turned into projects - planning minis..
07/31DJDANIEL GILBERT : Pain Worsens for Oil Giants Exxon and Chevron
07/31DJPain Worsens For Oil Giants
07/31 Tumbling oil prices slam profit at Exxon Mobil, Chevron
07/31 Tumbling oil prices slam profit at Exxon Mobil, Chevron
07/31 BP : reveals $6.3bn quarterly loss owing to Deepwater Horizon bill
07/30 With no sign of oil price rebound, Shell wields axe again
07/30DJShell Profit Drops, to Cut 6,500 Jobs -- 2nd Update
07/30DJShell Profit Drops, to Cut 6,500 Jobs -- Update
Advertisement
Chart
Duration : Period :
BP plc Technical Analysis Chart | BP. | GB0007980591 | 4-Traders
Income Statement Evolution
More Financials