Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

Texas oil refinery workers ratify Exxon labor contract offer

Published 02/21/2022, 07:39 PM
Updated 02/21/2022, 09:06 PM
© Reuters. FILE PHOTO: United Steelworkers (USW) union members picket outside Exxon Mobil's oil refinery amid a contract dispute in Beaumont, Texas, U.S., May 1, 2021. Exxon locked out the plant's about 650 union-represented employees citing fears of a strike. REUTE

By Erwin Seba

BEAUMONT, Texas (Reuters) -Union workers locked out of their jobs at a Texas oil refinery for nearly 10 months voted on Monday to accept an Exxon Mobil Corp (NYSE:XOM) contract offer, ceding to a key company demand that it have the right to determine plant assignments.

About 600 United Steelworkers union members at the 369,024 barrel-per-day (bpd) refinery and Mobil 1 motor oil plant were locked out May 1 to preclude a wildcat strike, Exxon has said. The Beaumont, Texas, facility has continued to run since with managers and temporary workers.

The contract allows Exxon to decide all assignments, an issue that led to a rejection vote in October. A quarter of assignments previously were determined by worker seniority. The contract also adds Martin Luther King Jr. Day as a paid holiday.

Exxon said it was "thrilled" by the vote, adding employees would return to work "as soon as safely possible." The contract was made effective from Feb. 1, 2021.

The six-year contract was approved by a vote of 214 to 133, according to USW International representative Bryan Gross.

"The membership decided to accept the offer after 10 months of a fight," Gross said. "The company started the lockout; they can end it at any time." USW local 13-243 intends to continue with an unfair labor practices complaint, Gross said. The USW has alleged Exxon imposed the lockout to force removal of the union.

Also to be decided is whether the USW will continue to represent the plant's hourly workers. The U.S. National Labor Relations Board (NLRB) oversaw a vote in November and December on removing the USW, a move sought by 30% of union members.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Before the Beaumont workers can return to work, the two sides must negotiate an agreement that sets rules for returning employees. Preliminary talks on the agreement began last week.

Latest comments

did I understand this article correctly? union workers voted to have other union workers removed?
Not all workers r unionized. Some union workers want to remove the union.
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.