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Brazil oil workers' federation recommends members end 72 hr. Petrobras' strike

 

 

By Reuters

SAO PAULO
Petroleumworld 06 01 2018

The FUP, Brazil's largest oil workers association, recommended on Thursday that members suspend a 72-hour strike they began on Wednesday, after a court said the group would be fined 2 million reais ($537,000) per day each day the strike continued.

The move is a relief for state-run oil company Petroleo Brasileiro SA, commonly known as Petrobras. According to the union, workers at 21 rigs in the Bacia de Campos basin - responsible for close to half of Brazil's oil production - had walked off the job.

$1 = 3.73 reais

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Reporting by Pedro Fonseca; Writing by Gram Slattery Editing by Chizu Nomiyama from Reuters


reuters.com 05 31 2018

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