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Strike ends at Exxon’s Fos refinery in France (NYSE:XOM)

by Euro Times
July 4, 2022
in Business
Reading Time: 1 min read
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Spencer Platt/Getty Pictures Information

Exxon Mobil (NYSE:XOM) stated on Sunday that the employees strike has ended at its Esso refinery in Fos-sur-Mer in southern France and models that had been shut down are being restarted, though it’s not clear if a labor deal has been reached.

The walkouts started on June 28 with employees demanding larger wages to cowl inflation, a part of wider union efforts through the previous week which have hit different vitality corporations in France.

The Fos web site has a refining capability of 7M metric tons/yr, which equates to ~10% of France’s whole refining capability, in accordance with the corporate.

The vitality sector strikes come as France’s authorities is below strain to alleviate surging inflation, asking vitality companies to assist prospects address excessive gasoline costs by extending and rising rebates.



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Tags: EndsExxonsFosFranceNYSEXOMrefinerystrike
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