Brazil workers weighing broader strike

Workers of the Brazilian state oil company Petrobras, block the main entrance of the Duque de Caxias refinery in Caxias, 70 km from Rio de Janeiro, on March 24, 2009. Workers demanding safer working conditions went on strike Monday, occupying some production facilities, their union said. A Petrobas spokesman, however, said operations continued

Potential strike: Workers weighing broader work stoppage over profit-share issue

Brazilian oil workers will vote to approve a five-day strike at Petrobras that could interrupt oil production at the company, a union official said Friday according to a report.

The strike is tentatively scheduled to start 20 February, said Joao Antonio de Moraes, general coordinator for the Brazilian Oil Workers Federation, or FUP, according to Dow Jones.

FUP is an umbrella union representing about two-thirds of Petrobras's 80,000 employees.

If approved, the strike would come at a delicate time for Petrobras.

Petrobras has struggled with flagging crude-oil production over the past year because of declining recovery rates at mature fields and maintenance shutdowns at ageing offshore platforms.

The company's finances have also been stretched because of heavy imports of gasoline and diesel…

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