Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
News
All NewsCompaniesIndexesCurrency / ForexCommoditiesCryptocurrenciesETFInterest RatesEconomyThemesSectors 

Factbox-Strikes knock already struggling French refined products sector

10/03/2022 | 08:04am EST
Signage is seen at an Exxon gas station in Brooklyn, New York City

(Reuters) -More than 60% of France's refining capacity is offline as strikes over pay and unplanned maintenance pile pressure on the refined products sector.

The outages come as Europe looks to ease its dependence on Russian fuel.

Here are the oil companies and sites affected by strike action and outages:

EXXON MOBIL

French unions CGT and Force Ouvriere called for a strike on Sept. 20 following wage negotiations with Exxon Mobil Corp related to rising inflation in Europe.

Strike action continued for the 14th day on Oct. 3.

Strikes over pay at Exxon Mobil's oil refineries in France forced the firm to limit refined product supply to its customers, a spokesperson told Reuters on Sept. 28.

"Our supply coordination team is working hard to resupply our terminals while ensuring that any available inventory is fairly allocated between our different customers," a spokesperson said on Oct. 3.

Port Jerome-Gravenchon

Exxon began gradually closing the 240,000 barrel per day (bpd) Port Jerome-Gravenchon oil refinery on Sept. 20, a process completed on the weekend of Sept. 24.

Notre Dame de Gravenchon Petrochemical site

Exxon began closing the NGD petrochemical site on Sept. 20 and completed the shutdown on the weekend of Sept. 24.

Fos-Sur-Mer

Strike action spread to Exxon's 140,000 bpd Fos-Sur-Mer refinery on Sept. 21, leading to a gradual shutdown of the plant, which was completed on the weekend of Sept. 24.

Terminals

Workers at Exxon's Toulouse depot joined the strike on Sept. 22 but Exxon said that operations at its terminals had not been impacted.

TOTALENERGIES

Strikes over pay disrupted TotalEnergies SE's oil products refining and delivery for a seventh day on Monday, with four of its French sites hit by continuing industrial action by workers.

The CGT strike is part of the wider action across the French energy sector as workers push for higher pay in the face of spiralling inflation and amid rising tensions between unions and the government over planned pensions reform.

A TotalEnergies spokesperson said there was no impending fuel shortage due to the strikes as the company had built up stocks and was importing regularly.

However, France's largest sugar maker Tereos on Sept. 29 said it had to slow output slightly at some factories and TotalEnergies had said the strikes would prevent it from supplying diesel fuel until the end of the week.

Gonfreville

TotalEnergies is temporarily halting production at its 240,000 bpd Gonfreville refinery, the company said on Sept. 28.

A decision will be made on Monday evening on whether to extend the Gonfreville strike, according to a CGT memo seen by Reuters.

Deliveries

Blockages continued at TotalEnergies' Gonfreville, La Mede and Feyzin sites, but deliveries were taking place at the Granpuits and Donges refineries on Monday.

Feyzin Refinery

TotalEnergies' 119,000 bpd Feyzin oil refinery in southern France was taken offline on Sept. 16 after a leak at the fluid catalytic cracking unit.

The refinery is likely to remain closed for four to six weeks from that date, said CGT union delegate Thierry Defresne.

Depots

Product transport from the Cote d'Opale fuel storage depots near Dunkirk has been halted since Sept. 27, Defresne said.

(Reporting by Rowena Edwards in London and Forrest Crellin in Paris; Editing by Jonathan Oatis and Mark Potter)

By Rowena Edwards and Forrest Crellin


ę Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
BRENT OIL 2.04% 86.64 Delayed Quote.6.82%
EXXON MOBIL CORPORATION 0.32% 110.78 Delayed Quote.79.46%
OIL REFINERIES LTD. 3.31% 1.25 End-of-day quote.39.82%
TOTALENERGIES SE 2.04% 60.16 Real-time Quote.32.06%
WTI 2.24% 80.493 Delayed Quote.1.55%
Latest news "Economy"
10:03aMore than 10,000 ambulance workers vote to strike in England and Wales
RE
10:02aU.S. pending home sales fall 4.6% in October
RE
10:00aItaly working with banks on Lukoil financing, state intervention an option - minister
RE
10:00aRussia's Lavrov: military confrontation between nuclear powers must be avoided
RE
09:57aBlackRock backs banks, cuts European, EM debt as part of "new playbook"
RE
09:56aCzech banks remain resilient, central bank says
RE
09:47aC$ rallies as China reopening hopes boost oil prices
RE
09:45aRussia says Sweden and Finland joining NATO could accelerate militarisation of Arctic region
RE
09:45aUniper CEO: Our goal is to return to profit in 2025
RE
09:44aSenate banking chief urges U.S. Treasury to secure new crypto rules following FTX collapse
RE
Latest news "Economy"