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    Israel and Iran agree on ceasefire – Trump

    Israel and Iran agree on ceasefire – Trump

    Breaking: Iran launches missiles at US bases in the Middle East

    Breaking: Iran launches missiles at US bases in the Middle East

    US military strikes Iran

    US military strikes Iran

    EFCC seeks transfer of Orji Uzor Kalu’s trial to Lagos

    Yahoo boys launder money for ‘politically exposed persons’ – EFCC boss

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    Gombe receives N60 billion from FG to establish Agro-Livestock Industrial Zone

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    The increased prices of driver’s licenses, number plates set to take effect

    Trump congratulates Nigeria for Banning Twitter, says more countries should do same

    Trump bans citizens of 12 countries from entering the U.S, full list

    France launches mandatory online visa appointments for travelers

    France launches mandatory online visa appointments for travelers

    Federal Government declares June 6 and 9 public holidays

    Federal Government declares June 6 and 9 public holidays

    • Nigeria
    • Africa
    • World
  • Economy
    • All
    • Budgets
    • Economic Data
    • Policies
    UK tightens visa rules for care workers, skilled workers and students

    UK tightens visa rules for care workers, skilled workers and students

    United States scraps visa dropbox service for Nigerian applicants

    President Donald Trump cancels protection for 500,000 Haitian migrants

    Spain golden visa scheme ends as Portugal and Greece demand increases

    Spain golden visa scheme ends as Portugal and Greece demand increases

    CBN fines nine banks 150 million Naira each for failing to dispense cash

    CBN ends free ATM withdrawals for other banks’customers

    FG increases private university application fee from N5m to N25m

    FG increases private university application fee from N5m to N25m

    United States scraps visa dropbox service for Nigerian applicants

    United States scraps visa dropbox service for Nigerian applicants

    Buhari says Nigeria security and economy improved during his tenure

    Buhari says Nigeria security and economy improved during his tenure

    Air Sierra Leone commences flight operations to Lagos

    Air Sierra Leone commences flight operations to Lagos

    Nigeria renews $2 billion currency swap deal with China to boost bilateral trade

    Nigeria renews $2 billion currency swap deal with China to boost bilateral trade

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    MTN Nigeria to pay over N200 billion final dividend for 2022

    List of Dividends announced in 2025, qualification and payment dates

    Sovereign Trust Insurance Plc grows Profit after tax by 43%  in Q1 2021

    Sovereign Trust Insurance Plc appoints Abimbola Oguntunde as New Board Chairman

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    List of Dividends announced in 2024, qualification and payment dates

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    Legend Internet Plc reports N32.9 million profit for Q1 2025

    Legend Internet Plc reports N32.9 million profit for Q1 2025

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    Banking stocks plunge after CBN suspends banks under regulatory forbearance from paying dividends

    ELECTION: Cutix Plc reschedules Board Meeting

    Weekly Report: Nigerian Exchange sees mixed performance as Cutix Plc emerge top gainer

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    BITCOIN hits $103,000 for the first time

    Bitcoin (BTC) rises above US$90,000 records a new all time high

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    Alhaji Dahiru Mangal sold his 1.96bn Oando Shares for N11.81bn

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    How Donald Trump won the 2024 U.S Presidential Election

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    Security features of the new naira notes revealed by the CBN

    New hope for Naira fixed income savers?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Nigerian Exchange gains 5.37% in Tinubu’s first week, highest for any President since return to Democracy

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France struggles with petrol supply problems as strikes continue at refineries

Saturday, 8 October 2022, 5:20 pm
in News, World
0
France struggles with petrol supply problems as strikes continue at refineries
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France’s energy ministry has said that more than a fifth of France’s service stations were struggling with supply problems on Saturday, as strikes at refineries run by TotalEnergies and ExxonMobil continued.

The ministry said 20.7% of service stations were experiencing difficulties with at least one product at 1 p.m. (1100 GMT) on Saturday, compared with 19% the day before.

“The Government is doing its utmost to restore the situation to normal as soon as possible”, Energy Minister Agnes Pannier-Runacher said in a statement.

Despite the supply shortages, Reuters reported that the government would not ration petrol for drivers or restrict the use of service stations, citing what the Environment Minister Christophe Bechu told franceinfo radio.

Also read; Why Omehia was derecognised as Rivers ex-gov – Wike

“We haven’t reached this point yet,” Bechu told franceinfo radio when asked if the government would impose any national measures beyond bans in some places on filling jerry cans.

“We are calling on people’s calm and sense of responsibility,” the minister said, adding that he believed the situation would ease over the next few days as the government makes further use of its strategic reserves.

A walkout by CGT trade union members at TotalEnergies – mainly over pay – has disrupted operations at two refineries and two storage facilities, while two Exxon Mobil refineries have faced similar problems since Sept. 20.

The General Confederation of Labour (Confédération générale du travail – CGT) is based in France and is strong of 690,000 members. It is affiliated to the European Trade Union Confederation and the International Trade Union Confederation and is one of the confederated unions representing France.

The Energy Minister said that “a solution to this conflict must be found as soon as possible,” in remarks aimed  in the direction of striking workers and bosses, echoing remarks made by President Emmanuel Macron on Friday.

The strikes have reduced France’s total refinery output by more than 60%, according to Reuters calculations.

“Nothing has moved on, the strikes continued this morning,” a CGT representative at TotalEnergies said.

He added that the union would make a new appeal on Saturday to TotalEnergies Chief Executive Patrick Pouyanne to open negotiations ahead of formal wage talks in November, and that the union had not given up on any of its demands.

A CGT representative at Exxon Mobil also said the strikes at two of the U.S. company’s two French refineries were continuing on Saturday morning and would likely last through the weekend, with new talks with management planned on Monday.

Nnamdi Maduakor
Nnamdi Maduakor

Nnamdi Maduakor is a Writer, Investor and Entrepreneur

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