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☆ French union rejects wage talk 'blackmail' as refinery strikes drag on
▼ + stars: | 2022-10-10 | by ( Tassilo Hummel | ) www.reuters.com time to read: +3 min

REUTERS/Eric GaillardPARIS, Oct 10 (Reuters) - France's CGT trade union denounced TotalEnergies' (TTEF.PA) conditional offer for early wage talks as "blackmail", saying strikes that have left a third of the country's fuel stations running short would continue until at least Tuesday. President Emmanuel Macron, whose government is under mounting pressure to act as the strike grinds on and more fuel stations run out of some products, called for a quick end to the crisis. A CGT union representative later said the strike at the refineries would be extended until Tuesday. Long tailbacks formed at fuel stations in the Paris region as drivers tried to fill up before more pumps run dry. "This only encourages the striking workers, who are more united than ever," a CGT official at TotalEnergies' Feyzin refinery said of the company's conditional offer.

☆ French refineries hit by strikes for a third day
▼ + stars: | 2022-09-29 | by ( ) www.reuters.com time to read: +2 min

SummarySummary Companies Seven TotalEnergies sites affectedTwo ExxonMobil refineries also impactedPARIS, Sept 29 (Reuters) - Strikes have disrupted TotalEnergies' (TTEF.PA) oil products refining and delivery for the third day as disruptions continue at seven sites throughout France, a CGT trade union representative told Reuters. Six other TotalEnergies refining and distribution sites have also been impacted, a memo from the union seen by Reuters showed. The firm's 240,000 barrel per day (bpd) Port Jerome-Gravenchon oil refinery, the Notre Dame de Gravenchon Petrochemical site, and the 140,000 bpd Fos-Sur-Mer refinery were shut down last week. Outages in France's refining sector are creating a level of uncertainty in refined oil trade amid a heavy oil refinery turnaround season in Europe this autumn. Benchmark European diesel profit margins hit a two-week high of about $50 a barrel on Wednesday, based on Reuters assessments, driven by the French strikes.

☆ Factbox: Europe's efforts to shield households from soaring energy costs
▼ + stars: | 2022-09-02 | by ( Susanna Twidale | ) www.reuters.com time to read: +9 min

Without the measure, average home energy bills were tipped to reach over 3,500 pounds a year in October with forecasts of much higher bills to come. CZECH REPUBLICThe Czech government has agreed to cap electricity and gas prices next year to shield households from soaring prices. ITALYItaly approved an aid package worth some 14 billion euros ($14 billion) in September to shield firms and families from surging energy costs. The measures came on top of some 52 billion euros already budgeted since January to soften the energy crisis in Italy. NORWAYNorway has been subsidising household electricity bills since December and now covers 80% of the portion of power bills above a certain rate.

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