Srike fizzles out: Employees of oil PSUs return to work
The situation seems to be nearing normalcy as employees of Oil India and BPCL have called off 3-day strike for better pay. India Inc on crossroads I FAQs on oil strike
By ET Online |
NEW DELHI: The situation seems to be nearing normalcy as Employees of state-run explorer Oil India Ltd and Bharat Petroleum Corp have called off a three-day strike for better pay, company sources.
The industrial action by employees of state-run oil firms has crippled fuel supplies in many cities.
Bharat Petroleum Corp said it would resume fuel supplies at all locations starting this evening, as more than 70 per cent of the striking employees returned to work.
"Over 70 per cent of the people have resumed work in marketing. By this evening, we will be able to resume fuel supply at all locations.... To make up for the backlog we would work on Saturday and Sunday too," BPCL Director (Marketing) S Radhakrishnan said here.
BPCL accounts for 25 per cent of the petro goods market in the country, while HPCL accounts for 27 per cent and IOC the rest.
HPCL has been functioning normally throughout.
The industrial action by employees of state-run oil firms has crippled fuel supplies in many cities.
Bharat Petroleum Corp said it would resume fuel supplies at all locations starting this evening, as more than 70 per cent of the striking employees returned to work.
"Over 70 per cent of the people have resumed work in marketing. By this evening, we will be able to resume fuel supply at all locations.... To make up for the backlog we would work on Saturday and Sunday too," BPCL Director (Marketing) S Radhakrishnan said here.
BPCL accounts for 25 per cent of the petro goods market in the country, while HPCL accounts for 27 per cent and IOC the rest.
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HPCL has been functioning normally throughout.
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